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by tetrazine 3032 days ago
Someone's never managed a supply chain before
1 comments

I would venture that most people here have never managed a supply chain before. Could you please share why instead?
There's an illustrative example in the UK right now.

A meat supplier called Russel Hume has just gone out of business and their product pulled from major chains.

Basically, they ordered meat according to their expected needs only to suffer a downturn in expected sales. So they cut future orders but had a glut of stock which they tried to use over an extended period. Meat has a lifetime associated with it. (Although it can be extended slightly if you pay for bacterial analysis to re-certificate it).

It appears Russel Hume pushed the margin too far.

That's what even a small downturn in your supply pipeline can do.