NEWS
Three characteristics of supply chains (video) Benefits and risks in the modern chain
Published May 2022
Supply chains are the bustling global networks between a company and its suppliers. Three key characteristics of these networks help reduce costs and waste in our modern economy: intermediate goods, just-in-time manufacturing and the “bullwhip effect.” But the coronavirus pandemic revealed that these same characteristics can contribute to shortages of goods. During the past two years, we’ve all had trouble getting our hands on one item or another, ranging from a new car or bicycle to home essentials.
Watch the video for the pros and cons of supply chains and why these networks have become a hot-button issue in recent months. Click on the link below for the video.
For more on supply chains in Texas, see our December-January 2022 issue of Fiscal Notes. You also can read about the importance of five industries and one international bridge in the Supply Chains Edition of the Comptroller’s recurring Good for Texas Tour.
On Friday city officials reported the intersection at Rock and Pillar was closed due to a sinkhole in the street. This area has been experiencing major drainage problems for many years damaging culverts and the street asphalt and concrete, with a portion of the street collapsing earlier in the spring. Drivers should avoid this area.
The Nocona City Council approved a trio of Nocona Economic Development Corporation requests and considered infrastructure work questioned by a city council.
Councilors met on June 10. Two of the NEDC requests had already been presented with the timeclock for comment started. With that time limit over, the requests were finalized.
The Type A and B Boards will spend $19,225 at the Indian Oaks Golf Club for equipment, aerifying and top dressing the greens and batteries for rental carts. It also will expend $20,000 to the Nocona Chisholm Trail Rodeo Arena Committee to build new concrete bleachers, railings, fence and platform.
The third NEDC request is a new one related to a Type B board loan of $200,000 to Amy and Chris Nunneley for a new apartment and office construction project.
Read the full story in the Thursday Bowie News.
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