The model started in the 1970s during the quest for leanness and cost cutting. But it leads to supply chain issues when disasters hit.
As factories in China idle, American companies scramble to find alternate suppliers.
The head of OMG Accessories anticipates that the coronavirus will set back the production of her company's products by at least two months.
Steven Mufson of The Washington Post explains why companies are struggling to farm cocoa sustainably.
High demand and short supply mean some labels are all but unavailable in stores.
Wal-Mart wants suppliers to list exactly which factories they work with. The retail giant says it will cut ties with anyone who subcontracts work without permission.