And Now, Just-in-Case Operations
- Topics:
- Analysis
- Tags:
- Business Operations,
- Supplier,
- Strategy,
- Retail Company,
- Retail,
- Purchasing & Procurement,
- Operation,
- Marsh & McLennan Companies,
- Marketing,
- Manufacturing,
- ...
- Source:
- Marsh & McLennan Companies
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Overview: Terrorist attacks in the United States have adversely affected the operations of many suppliers, manufacturers, and retailers. But, a question which arises on the things that are the most effective moves to stabilize operations in the near term and realign the supply chain for the long term. To avoid losing more money, however, manufacturers, retailers, and suppliers will have to change the way they manage their operations. They should employ a range of tactics, including: Inventory management, Sourcing, transportation etc. Thus, even inside a company, people in risk management, procurement, production, and sales should be talking with each other far more frequently than they do today. The best strategies in response to a shock will come from informed business judgement, not a computer program.
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Format: PDF | Size: 60KB | Date: Jan 2003 | Pages: 4
