© Khunaspix Dreamstime.
By Alex Lennane
This short article in the Wall Street Journal advises manufacturers to “sweat the small stuff”. While supply chain managers tend to build in risk strategies for larger components, in actual fact supply chain disruption is equally like to happen with smaller parts – such as a lack of valves costing just a few dollars. MIT has developed a computer model to show exactly where the weak points are, and how companies can back up.