This week, Greg Dawson, Logistics Manager from Taiyo America, discuss the many challenges of supply chain management.
Dan Beaulieu: Greg, I know that supply chain management was a nightmare during the pandemic. How were you at Taiyo affected?
Greg Dawson: More than half of our raw materials were affected. It was taking anywhere from a month to more than three months to get some of these materials. Certain materials were taking up to six months.
Dan: What adjustments did you make to meet those challenges?
Greg: We placed orders when we had three or more months’ worth of inventory on hand whereas before the pandemic, we would order with two weeks to a month left of material.
Dan: How about no, have things gotten better?
Greg: Yes. Much better.
Dan: Are you able to get the materials you need and one time now?
Greg: Yes. Lead times have gotten back to normal for the most part.
Dan: Did you make any long-term adjustments that were actually beneficial in the long run?
Greg: We carry more raw material inventory now and if there is another supply chain hiccup, we will be better prepared.
Dan: How do you see things going in the future? Better I hope?
Greg: I think everyone has learned some hard lessons that we will use to help us if this were to happen again.
Dan: Thank you, Greg!
Greg: Thank you.