According to Industry Week, Toyota has cut production by 40% due to supply challenges. In addition to the semiconductor chips, COVID is raging in Southeast Asia, causing further supply chain challenges. The bottom line is that there are widespread supply chain challenges!
What happens when people get behind? They think, ‘I better order more,’" said Lisa Anderson, founder of LMA Consulting and speaker on supply chain for manufacturing. "They’re over-ordering, which is causing even more delays.
Manufacturing and Supply Chain Expert Lisa Anderson, president of LMA Consulting Group Inc. is part of a panel to discuss what the current big issues are in supply chain in the various regions the panelist are located. Fully Story
