13 May Discuss just-in-time (JIT) logistics and how stock levels are calculated.
When a big event happens worldwide, like a natural disaster or a pandemic, it can significantly impact the supply chain. The supply chain acts as a large network that helps get products from where they are made to where they are needed. When something major happens, it can disrupt this network. Global events can cause delays and shortages in the supply chain, which can affect what we can buy and how much it costs.
Directions
Choose a company that experienced a supply chain issue due to a global event. Write a paper addressing the event’s impact on the company’s logistics.
Specifically, you must address the following rubric criteria:
Company: Describe the company involved.
Impact: Discuss the specific impact that the company has faced.
Just-in-Time Logistics: Discuss just-in-time (JIT) logistics and how stock levels are calculated.
Relationships: Discuss the importance of supplier relationships to JIT logistics.
Alternatives: Describe the alternatives to JIT logistics and the potential challenges of these alternatives.
What to Submit
Submit your short paper as a 3- to 4-page Microsoft Word document with double spacing, 12-point Times New Roman font, and one-inch margins. Sources should be cited according to APA style.
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