From Covid restrictions through to bullwhips in demand, manufacturers and logistics providers have struggled with supply and freight shortages. After decades of focus on lean management and just-in-time delivery, some have asked whether the time has come for new approaches to inventory and capacity planning, and a switch from just-in-time to just-in-case. At Toyota, however, lean principles are not just ways to avoid inventory costs and preserve cash flow, but are part of a philosophy to problem solve and visualise solutions.
In this panel, supply chain managers debate how the industry should balance the need to maintain lean logistics while insulating operations from risks to supply and logistics services. Learn about tools to mitigate disruption, strategic inventory planning and ensuring that logistics costs and lead times are integrated into manufacturing and purchasing decisions.