By Jacob Buckworth
The recent Toyota brake pedal disaster is an example of a massive failure in product design magnified by supply chain lead time. Current cost estimates total at least two billion dollars, not including future lost sales from the damage to consumer confidence.
When quality problems like this occur, supply chain lead time often determines the time [...]
By Jacob Buckworth
Major UK companies have a poor understanding of supply chain risks they have acquired during the recession, a study by research company Mactavish has found.
Interviews with senior figures at more than 250 firms found supply chain risk and other dangers have risen sharply during the downturn as businesses have made unprecedented changes to operations.
The report [...]
By Jacob Buckworth
Some of the biggest companies in the US are failing to take supply chain risks seriously, according to research.
A poll of buyers and other executives at more than 200 companies in the Fortune 1,000 uncovered poor standards on supplier risk management.
More than half of those surveyed kept less than 20 per cent of their supply [...]
