- June 16, 2021
- Posted by: Stratford Team
- Category: Business
In business, there’s a common strategy known as just-in-time inventory management. The idea is to keep just enough product on the shelves in the warehouse or back room just in time for customers to buy it. Keeping as little inventory on hand as possible keeps stuff fresh, reduces waste and cuts down on storage and inventory costs.
But this year, many businesses are throwing the just-in-time strategy out the window and instead stockpiling inventory to make sure they have enough product on hand.
Brooklyn grocery store Sahadi’s imports a lot of products from the Mediterranean and the Middle East, and lately, a lot of those products are taking a long time to arrive.
“I’ve got import folders — it’s hysterical — where you see the ETA crossed out, cross out again, crossed out the third time, as they’re getting stuck,” said Pat Whelan, who manages the store’s shipping and logistics.
