Three lessons companies can learn from the supply chain crisis

1. When the supply chain is working well, nobody cares. It’s crucial to look for inefficiencies in the system even when there are no glaring issues.

A container ship off the coast of Baltimore, Maryland. Shipping by water on ships like these has gone up in price by 326% in 2021. Photo by David Dilbert from Pexels.

2. Successful companies are thinking of creative ways to circumvent issues resulting from supply chain backlogs.

3. To maintain goodwill with customers, companies should avoid making promises they cannot keep.

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Stories about the students, alumni, faculty and staff of the University of Kansas School of Business.

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KU School of Business

KU School of Business

Stories about the students, alumni, faculty and staff of the University of Kansas School of Business.

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