Michael Einhorn, chief executive of Dealmed, has been troubled for a good long while about the strategies commonly deployed when it comes to the supply chain for medical supplies.
There’s nothing in the lean and just-in-time supply chain methodologies that recommend keeping a bare minimum of parts on hand. In fact, they preach the opposite.
Along with the passing of supply “chains” in favor of supply “networks,” statistical forecasting is passing in favor of more advanced cognitive technology.
The helter-skelter playing out on U.S. factory floors from labor and supply shortages, transportation bottlenecks and the coronavirus looks likely to persist into the second half of the year.
U.S. economic growth accelerated by more than forecast in the fourth quarter, fueled by the rebuilding of inventories and capping the strongest year since the 1980s.
The latest news, analysis, trends and solutions regarding inventory planning and optimization and its impact on supply chain management. New technologies in inventory planning and optimization are transforming the way companies operate - and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are using inventory planning solutions for supply chain optimization.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.