National Coin Shortage

National Coin Shortage

August 2, 2020

It’s understandable that COVID-19 may cause people to panic and buy a variety of supplies like toilet paper.  It’s also understandable that the demand for masks and hand sanitizers has skyrocketed — potentially for the foreseeable future.

But, a coin shortage?

A combination of events related to the COVID-19 lockdown have greatly impacted the national coin supply chain.  No one issue has caused the shortage.  To begin, the Mint has reduced the production of coins to protect workers.  Additionally, with many stores and restaurants closed, the circulations of coins back to the banks has slowed.  With many states re-opening businesses, the demand for coins has spiked, while there is limited supply.

The result has been a national coin shortage.


Video Spotlight: Coinstar CEO on America’s coin shortage amid the pandemic (June 25, 2020, CNBC Television)


This post is based on the NY Post article, National Coin Shortage Has Retailers Pleading for Exact Change, by Noah Manskar, July 1, 2020, and the YouTube video in the Spotlight. Image source: Glow Images/Glowimages RF/Getty Images

Discussion Questions:

1.  How does this coin shortage impact operations?

Guidance: Obviously, this can make cash transactions more difficult. Continue reading

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Manufacturers Plan Nearshoring and Reshoring

Manufacturers Plan Nearshoring and Reshoring

In April 2020, 878 North American companies were surveyed, with 64% of those companies reporting they will likely reshore or nearshore manufacturing and sourcing to avoid supply chain disruptions in the future.  Manufacturers can shorten lead time and cut transportation costs by reshoring and/or nearshoring.

The handling of the COVID-19 outbreak in China further illustrated the vulnerabilities associated with sourcing from distant regions of the world.


Video Spotlight: 


This post is based on the Supply Chain Dive article, 64% of manufacturers say reshoring is likely following pandemic: survey, by Matt Leonard, May 14, 2020, and the YouTube videos in the Spotlight. Image source: Shutterstock / 3D_creation

Discussion Questions:

1.  Let’s suppose a United States company is planning to maintain a current supplier in China and plans to nearshore a new supplier in Mexico.  What is the best sourcing strategy for each supplier from the company’s perspective?

Guidance: Lead time from China is longer, but the costs may or may not be lower.  Lead time from Mexico should be Continue reading

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Hotels Plan Capacity and Cleaning Processes

Hotels Plan Capacity and Cleaning Processes

June 29, 2020

Hilton partners with Lysol and the Mayo Clinic as it repositions its strategy around the core competencies of “clean and safe.”

Other hotels are similarly redesigning strategies and services to meet the return of travelers in a post-coronavirus age.

In this new world of hospitality management, cleanliness is likely to be the customer’s biggest priority, and hotels are preparing to meet those needs in ways never before imagined.

Traditional hotel staples like breakfast buffets, make-your-own waffles, and freshly baked welcome cookies may be replaced with “to go” offerings in sealed bags or packaged cookies provided in hotel rooms.  Cleaning technologies like electrostatic sprayers that use hospital-grade disinfectants and ultraviolet light technology may be use to clean public areas as well as rooms.  Restrictions on the number of riders on elevators and digital keys that allow guests to enter rooms using their cellphones are likely to also become the norm.


Video Spotlight: 


This post is based on the LA Times article, After coronavirus: Your next hotel stay may look Continue reading

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