   
 | From the Editor's Desk
The Coronavirus Has Upended Supply Chains. Here's How Companies Can Prepare for the Next Disruption. Over the decades, global companies have concentrated production geographically in order to save money.
Yet even before COVID-19, as Chopra and his coauthors argued in a 2014 article, the marginal benefits for this kind of concentration were diminishing, while the risks were increasing.
"The additional cost of a large company operating plants in different locations is often not more than the cost of having one huge plant," Chopra says. "You may reach the limit of your economies of scale at half the size, so by running two plants, you don’t give up much in efficiency, but you gain a lot in resiliency."
In other words, whether you have one plant that can produce a million items a week or two plants making 500,000 items each, in both cases you may be producing so many items that you are already close to achieving whatever economy of scale is possible. But the likelihood of both plants going offline at the same time decreases significantly.
Continued here
TradeBriefs: What's important, not just what's popular!
Advertisers of the day
Emeritus: PG Diploma in Digital Business by Emeritus in collaboration with MIT Sloan & Columbia Business School Executive Education | Accepting Applications
Emeritus: Accepting Applications for the Postgraduate Diploma in Leadership | 6 Months, Online
Emeritus: PG Diploma in Innovation & Design Thinking | Accepting Applications
Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails. | | MarketingMarketing 13 More Marketing StoriesPoliticsPolitics 5 More Politics StoriesSportsSports 4 More Sports StoriesEntertainmentEntertainment 13 More Entertainment StoriesWorkThe Nastiest Feud in Science A Princeton geologist has endured decades of ridicule for arguing that the fifth extinction was caused not by an asteroid but by a series of colossal volcanic eruptions. But she's reopened that debate. Work 13 More Work StoriesLifeLife 14 More Life StoriesRetailRetail 22 More Retail StoriesTelecomTelecom 13 More Telecom StoriesFinanceFinanceFinance 16 More Finance StoriesFood/FMCGFood/FMCG 6 More Food/FMCG StoriesSoftwareMeet India's first woman IBM Fellow India Business News: The first time she saw a computer was when she peeked into her college lab soon after joining engineering in the early 90s. It was the AC room that im SoftwareSoftwareSoftwareSoftwareSoftwareSoftwareICMR study finds presence of 'bat coronavirus' in two Indian bat species There is no evidence or research to claim that these bat coronaviruses can cause disease in humans.Twenty-five bats of Rousettus and Pteropus species from Kerala, Himachal Pradesh, Puducherry and Tamil Nadu were found positive for BtCoV in Kerala, Himachal Pradesh, Puducherry and Tamil Nadu Software 13 More Software StoriesEcommerceE-tailing clearance may widen rift with offline stores E-commerce companies were allowed to deliver only essential items such as food, pharmaceuticals and medical equipment. But the language used in today's notification opens scope for delivery of non-essential items by them Ecommerce 95 More Ecommerce StoriesDigitalDigital 20 More Digital StoriesFranchiseFranchise 1 More Franchise StoriesHRHR 10 More HR StoriesLogisticsHow To Apply For E-pass Online During Coronavirus Lockdown in India Considering that there will be emergency situations and the movement of essential goods and people during the lockdown period, the various state governments have come forward to provide curfew passes to those who are in need. And, to get hold of these curfew passes, there are some guidelines that have to be followed. LogisticsEmirates launches first rapid virus test for passengers The airline resumed limited passenger flights earlier this month after the United Arab Emirates grounded all commercial aircraft. The flights are open to foreign citizens who wish to leave the country, but no incoming passengers are allowed. 15 More Logistics StoriesConstructionConstructionConstructionConstructionConstruction460,000 Chinese companies shut down in Q1 amid COVID19 outbreak A total of 460,000 businesses in China succumbed to the novel coronavirus assault in the first quarter of 2020, among which 57 per cent had been in operation for less than three years, according to a latest report released by big data service Tianyancha. The majority of the deceased businesses were small-sized enterprises or micro businesses. Real estate and foreign trade industries were heavily affected during the coronavirus epidemic. 41,000 new real estate companies were registered in 2020, a decrease of 27.66 per cent year-on-year. In Central China's Hubei Province only 519 new real estate companies were registered. Also, 142,000 foreign trade companies were founded since the start of 2020, a decrease of 16.26 per cent. A total of 26,000 foreign trade enterprises have shut down. However, mobile gaming and online education industries have picked up against the trend. 6,753 new online education companies were registered since the beginning of 2020, with Beijing leading the country with 1,904. And, 5,025 new game companies were founded in the first quarter, mainly across the Guangdong, Fujian and Shandong provinces. In the first three months, more than 3.22 million new companies were registered, down 28.9 per cent year-on-year and mostly in the Guangdong, Jiangsu and Shandong provinces, of which more than 46.12 percent were in the wholesale and retail industries. As of March 28, the average work resumption rate in large-scale industrial companies was 98.6 percent, and the average employee return rate hit 89.9 percent, according to data from the State Council. ConstructionConstruction
TradeBriefs Publications are read by over 10,00,000 Industry Executives |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
No comments:
Post a Comment