Can the West Actually Ditch China?
How severely can countries really punish China when many of them need Beijing for the most crucial of things—medical supplies?
BALTIMORE, MD, November 12, 2024 – New research in the INFORMS journal Manufacturing & Service Operations Management is guiding the development of more inclusive and efficient electricity markets. The work demonstrates how aggregating small-scale, distributed energy resources (DERs) like solar panels can effectively balance the power of large utility companies.
Global supply chains are undergoing an irrevocable shift. While material flows remain critical, they are only the most visible aspect of this transition. Beneath the surface, changes in information exchanges, financial reconfigurations, and human capital movements are posing far greater risks to the benefits of global trade. The US, China, and the rest the world must handle these changes with care and perspective.
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How severely can countries really punish China when many of them need Beijing for the most crucial of things—medical supplies?
If testing is to be a foundational block of Maryland’s plan to begin reopening the state, as Gov. Larry Hogan has said it will be, then the tests themselves are just part of a complex supply chain management problem that needs to be solved.
Even during a pandemic, Walmart’s supply chain managers have to make sure stores and warehouses are stocked with the things customers want and need. COVID-19, though, has thrown off the digital program that helps them predict how many diapers and garden hoses they need to keep on the shelves.
Big companies may come knocking at your door as supply chains adjust after COVID-19. Will your 3D printing business be ready?
In this guest editorial, Pinar Keskinocak, PhD, director of the Center for Health and Humanitarian Systems and a professor in the H. Milton Stewart School of Industrial and Systems Engineering at Georgia Institute of Technology,and Evren Ozkaya, PhD, founder and CEO of the management consulting and digital solutions firm Supply Chain Wizard, discuss how pandemics create chaos inglobal medical supply chains and ways to alleviate this burden.
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