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Likewise, ultra-lean supply chains no longer look like such a brilliant idea when you have to find cash to keep afloat a supplier that cannot get even basic trade credit.
ECONOMIST: Modern management
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For a company like Apple (AAPL) that relies heavily on Japanese partners for critical components for its iPhone and iPad, the decision to keep its supply chain lean has painful implications when faced with the disruption caused the Japanese disaster.
FORBES: Supply Chain Lessons From Japan
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Given the uncertainty in the demand environment, we decided to aggressively and proactively adjust our supply chain now to maintain lean inventories, especially in the distribution channel.
FORBES: Fairchild Semi Trims Q3 Guidance On Revs, Gross Margin
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Furthermore, since new mines can take as long as a decade to develop, mining executives say, and since firms made few investments during the lean years of the 1980s and 1990s, supply could take a long time to catch up with demand.
ECONOMIST: How to make sense of the current plethora of mining deals
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As part of the supply chain, the demands placed on you require responsiveness and the flexibility of mixed mode and lean manufacturing methods.
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