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What’s driving all of the shortages in the pandemic?

Jun 21, 2021
“We have a really fragile global supply chain that had been overly leaned out,” said Dr. Nada Sanders, distinguished professor of supply chain management at Northeastern University in Boston.
Many companies rely on just-in-time systems, which involve having companies receive goods only as them need them for the production process, which reduces inventory costs. But as companies shift away from just-in-time models, inventories have been growing.
Photo by Matt Cardy/Getty Images

The economic impact of catastrophe

Jan 17, 2012
Economy 4.0's David Brancaccio discusses the economic impact of things like natural disasters and terrorist attacks -- and how companies should prepare.