For a number of years, companies were focusing on keeping just-in-time (JIT) inventory to avoid having substantial overstocks. And for a while, this did seem to result in a more positive bottom line. Then COVID hit and we all remember the shortages of toilet paper, food products, and PPE items, […]
Supply Chain
18 posts
At the beginning of the COVID-19 pandemic, the talk was all about shortages of PPE, toilet paper, and a plethora of other items. The trucking industry, and specifically truck drivers, were heroes at that point in time, making sure vital products got to their destination, even at the expense of […]
Last month, a headline in a CDL Life article stated “Five days into 2022 and some dealerships are already out of semi trucks for the year.” Although this article referred to dealers in Kansas, the reality is that fleets are facing this shortage all across the U.S. and Canada. This […]
A global supply chain. A pandemic that disrupts production. A demanding customer base (both B2C and B2B) expecting on-time delivery and not interested in why they can’t get what they want when they want it. These are the challenges facing businesses today. There’s no question that COVID-19 has been the […]
Businesses spent a long time figuring out the benefits of maintaining lean, just-in-time inventory. Then the pandemic happened, and organizations suddenly needed to reassess their supply chain strategy. To grasp how greatly things have changed in just one year, I’d like to cite an article from FleetOwner that was published […]
Some say slowdown; others say recession; still others say COVID-delayed growth will continue for the next few years. In any case, do you have the right fleet for whatever may come? The economic upswing that has benefitted most businesses is now looking more like a roller-coaster ride, most evident with […]
When the COVID-19 pandemic first hit, few of us would have predicted how long…and how deep…this crisis would go. Without a clear end in sight, companies have to take stock of every aspect of their organization and assess whether or not they are ready for the challenges that may ensue. […]
We know that with globalization and new technology, the role of procurement has changed. Where the concern used to be only about savings, now savings need to be weighed against other issues. Never has that been truer than today when the entire world is facing this expanding COVID-19 crisis. At […]
Hopefully, we are all doing our part to help during the COVID-19 crisis. For most of us, that means staying at home and social distancing, but some people and some industries are doing so much more. This statement really became clear to me last week when one of our NationaLease […]