Supply Chain Issues: Just-In-Time vs Just-In-Case

Legacy Components Blog Supply Chain JIT copy

With supply chain issues continuing to wreak havoc on electronic component distributors across the globe, many CEOs are contemplating the risks/rewards of reverting back to stockpiling electronic components in an attempt to minimize delays and headaches. 

Harvard Business Review does a solid job or breaking down items to consider, such as mapping out your supply chain (this can be a real eye opener), classifying all vendors according to JIT importance and JIT vulnerabilities, and reassessing all relationships. 

As the saying goes, ‘Your network is your net worth”.

If you’re looking to expand your network and curious as to what your options are, we have our team on standby ready to discuss.  

 

Schedule your free consultation here: https://www.legacycomponents.com/contact/

Link to Article: https://hbr.org/2022/10/dont-abandon-your-just-in-time-supply-chain-revamp-it

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