In this free-to-attend webinar and Q&A, supply chain leaders will reveal how supply chains were set up to fail long before COVID hit. The combination of changing customer expectations, over use of Lean and Just-in-Time methodologies, SKU proliferation and BOM complexity set the supply chain up for future failure. We'll discuss how over-optimized supply chains reduced both slack capacity and inventory and were at least part of the reason for massive shortages of essential items during the pandemic. We'll also share ideas on how we can move forward as a discipline to make supply chains more robust and adaptive to the changing global environment. Our experts will take your questions.
What caused the massive supply chain shortages seen during COVID and the factors behind our vulnerable supply chains
The role of lean, Just-In-Time, SKU proliferation, BOM complexity in supply shortages
How efficiency models can be the enemy of agility
How ever-decreasing lead times removed inventory and, in retrospect, buffers needed to blunt the inevitable disruptive failureThe importance of rethinking our approach to safety stocks and how we can move ahead by revisiting our supply chain design