Supply Chain Satire
3M Closes 16 Factories, Keeps The Tape
The manufacturer is cutting its plant count below 100 and its inventory by about 20 days.
Based on real news: 3M closes 16 factories, plans changes at 10 more in network revamp (Supply Chain Dive)
ST. PAUL, Minn.—3M has closed 16 factories and plans changes at 10 more, Supply Chain Dive reported. The company is targeting $1 billion in productivity by the end of 2027, cutting its plant count from 108 to under 100 and spending more than $250 million on automation.
Days of inventory should fall from the high 90s to the mid 70s. Each day is worth about $35 million. That is a lot of tape. I asked. The tape is staying.
A fictional plant manager said it was not their container, and offered me a roll of the good stuff, 3 inches, clear.
I asked whether a few spare days could be applied to Container DSKU 401177-3, now on Day 939. A fictional plant manager said it was not their container, and offered me a roll of the good stuff, 3 inches, clear. I accepted.
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Riffing on: 3M closes 16 factories, plans changes at 10 more in network revamp, Supply Chain Dive