Between the looming threat of and President Trump’s , businesses have been scrambling to keep supply lines moving without incurring heavy costs or delays.
In fact, this period of uncertainty may be the wakeup call we all needed to design the type of modern, flexible trading networks we should have had all along. Sixty years of relative stability in global trade encouraged businesses to build efficient but highly rigid supply chains that minimize cost but make it difficult to adapt quickly.
Businesses have squeezed inefficiency out of supply chains to make them as lean as possible. Smaller inventories and just-in-time delivery allow for smaller and fewer warehouses, but they also make us more vulnerable when turmoil strikes. Well, turmoil is here, but the good news