Change is Coming, Ready or Not
Updated: Aug 12, 2021
Soundings Trade Only -
The past 18 months have dramatically changed how we act, think, recreate and do business. While a great deal of our daily routines has returned, we have learned that many of us can be just as productive (or even more productive) working at home.
We enjoy having our groceries delivered, and we’ve experienced the value in attending virtual classes, conferences and seminars. When we do meet others, the greetings have changed; maybe a fist bump or elbow tap, but fewer handshakes.
The global supply-chain mess we are all sorting through is also changing the way we think. Companies that have spent decades optimizing their supply-chain management with high-inventory turns are now rethinking not only just-in-time inventories, but also the value of buffer stock, which until recently was considered waste. And, of course, we have all learned that virtual meetings can save... [read more]