Retailers suffering supply chain problems caused by coronavirus should overhaul their warehousing strategy and introduce a more “resilient approach”.
This would mean abandoning the traditional just-in-time philosophy that prioritises lean inventory but often comes with high fixed costs during lower demand, and rapidly escalating costs during demand peaks.
In a white paper published this week, Steve Purvis, operations director at supply chain consultant Bis Henderson Space, says the coronavirus pandemic has caused …

The post Supply chain players need a more flexible approach to using warehouses appeared first on The Loadstar.

Source: The Loadstar