Among supply chain leaders, increasing inventory was a common, understandable response to disruption in 2020. As the pandemic starts to move from the forefront to the rearview mirror, what’s the best way to mitigate future shocks?
Holding more inventory isn’t the only method available, and it’s not even among the most effective.
The latest Procurement Leaders paper — Just in Time vs. Just in Case: What’s the Way Forward for Supply Chains? — shows why supply chain managers should shift their mindset with regard to inventory.
It’s a forward-looking read that will help supply chain professionals get ahead of tomorrow’s disruption today with a clear understanding of just-in-time supply chains vs. just-in-case supply chains.