Safety Stock

A recent Wall Street Journal article highlighted how "a decades-long effort to eke out more profit by keeping inventory low [i.e., lean manufacturing, just-in-time] left many manufacturers unprepared when Covid-19 struck." The article quotes Kellogg CEO Steve Cahillane: “There is appetite for more safety stock going forward. That is something that everybody is talking about.” Do you plan to keep more safety stock moving forward in response to the pandemic . . .

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