Foreign media reported that the world’s largest container ship merchant Maersk (Maersk) CEO Soren Skou, regarded as the “trade thermometer”, said the Suez Canal will accelerate the global supply chain transformation due to ship grounding blockage, companies will move from the “just-in-Time” model to the “just-in-case” model, significantly increasing inventory levels. “(just-in-time) model to “just-in-case” (just-in-case) model, significantly increasing inventory levels.
He said the Epidemic has prompted many companies to adjust the supply chain, not limited to a single supplier, and re-evaluate the reliance on the “just-in-time management” model; this model, parts and components are delivered to the factory only when needed. Companies are now shifting to a “just in case” model, significantly increasing inventory levels to avoid product shortages in the event of supply chain disruptions.
Maersk is the global trade windfall, carrying 1/5 of the world’s ocean freight.
The epidemic embargo has prevented companies from obtaining specific components, causing disruption to the just-in-time supply chain and prompting them to re-examine their supply systems. He said: “Just-in-time delivery is really good when it works well, but if it fails, it will result in lost sales. The cost savings from just-in-time delivery are not enough to compensate for the negative impact of lost sales.” Many companies are shedding their reliance on a single supplier, and “our customers say it is important to have multiple suppliers to ensure that problems with one small sub-supplier do not bring business to a halt.”
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