UPS CEO Tomé urges logisticians to take “totally different perspective” post-COVID - Logistics Management
Supply chain experts need a “totally different perspective on inventory management” in the wake of the worldwide COVID-19 pandemic and its aftershocks.
That means moving from “Just-in-Time” inventory distribution programs to “Just-in-Case” worldwide distribution strategies. That would mean more industrial production in or near North America or closer to where customers exist.
That’s the word from UPS CEO Carol Tomé, who discussed issues that will shape 2022 and beyond during the U.S. Chamber of Commerce’s State of American Business video conference on January 11. Issues she covered included economic trends and global competition to policy challenges and opportunities.
“There’s been a few wakeup calls throughout the year,” Tomé said.
Supply chain experts need a “totally different perspective on inventory management” in the wake of the worldwide COVID-19 pandemic and its aftershocks.
That means moving from “Just-in-Time” inventory distribution programs to “Just-in-Case” worldwide distribution strategies. That would mean more industrial production in or near North America or closer to where customers exist.
That’s the word from UPS CEO Carol Tomé, who discussed issues that will shape 2022 and beyond during the U.S. Chamber of Commerce’s State of American Business video conference on January 11. Issues she covered included economic trends and global competition to policy challenges and opportunities.
“There’s been a few wakeup calls throughout the year,” Tomé said.