It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
In practical terms, this means we should be keeping larger inventories and
promoting a greater degree of regional self-sufficiency.
These measures will help ensure that our communities don’t panic if the food deliveries stop.
Take the systems that produce and distribute the corn, wheat and rice that fuel most of humanity’s calories.
The latest United Nations report on the global grain system contains some bad news.
Last year, the world ate more grains than it produced within the year, and our carryover stocks (defined as the amount of food we have, globally, at the end of the year to see us through to the next harvest) are declining.
But what if Mother Nature doesn’t play nice with us this year?
Climate change, after all, is making food harder to produce.
What if we face a major drought in Europe and Asia like we did in 2010 to 2011? Or another big drought in America’s Midwest similar to the situation in 2012 and 2013? And what if COVID-19 doesn’t go away by summer?
If any of these things happen, we may not have the buffers to protect ourselves.
And it won’t be toilet paper and hand sanitizer we need to worry about. It might be wheat, rice and corn.
The benefits of the just-in-time (JIT) production strategy are well-documented, but it can also have some serious disadvantages.
The chief issue with this production process is evidenced in its name. "Just in time" means that the success of this business strategy depends largely on precise coordination between businesses and their suppliers to ensure prompt delivery.
Because there is no inventory buffer, business can suffer greatly if any one element of production is delayed.
A weeklong strike against two Ohio brake plants has crippled the world's largest carmaker and left scores of suppliers and trucking companies throughout the United States, Canada and Mexico with no choice but to shut down or drastically scale back operations.
The problem was unrelated to the novel coronavirus, and in any other time, it would have been a small hiccup on the way to finding replacement gowns.
But then, as the virus surged, so did demand for gowns, both in and out of China, leaving Watkins and his colleagues scrambling. “This is probably as bad as I’ve seen it,” he said in a phone interview.
We’ve built a global supply chain that runs on outsourcing and thin margins, and the coronavirus has exposed just how delicate it is.
“I guess we’ve done a good enough job within the health-care supply chain of getting pricing down to the point that the vendors don’t have a lot of extra margin or slack to play with,” Watkins said. So when demand spikes, everyone feels it.
originally posted by: daskakik
a reply to: AutomateThis1
Not sure how you got that from the OP.
Lets say the US completely isolates and everything consumed in the US is grown/made in the US. If a system like JIT is used you would need stockpiles. If the populace depletes the stockpiles and nature throws a whammy in the production you will have shortages, because there is nothing to take up the slack for the low production in that year.
It really has nothing to do with globalism.