Queues for petrol, empty shelves and Christmas stock worries are the symptoms of a supply chain crisis that has shaken the UK and the world. We must be realistic about the causes of the crisis and how long it will last – neither of which are good news. Global “just-in-time” trade has been stretched to breaking point “Just-in-time” has defined global trade in the 21st century. This methodology is the logistical miracle that enables next-day-delivery convenience and fully-stocked shop shelves. […]
