KUALA LUMPUR: Malaysia's palm oil stockpile at the end of July likely expanded to its highest in 10 months, as a drop in exports offset a decline in production, a Reuters survey showed on Thursday.
Palm oil inventories in Malaysia grew at a slower pace than anticipated in May as production in the world’s second-largest supplier lagged and domestic consumption surged.
How the World Ran Out of Everything
Global shortages of many goods reflect the disruption of the pandemic combined with decades of companies limiting their inventories.
The empty shelves at a Target store in Dallas last June highlight how companies of all types were unprepared for a crisis.Credit.Nitashia Johnson for The New York Times
June 1, 2021, 5:00 a.m. ET
In the story of how the modern world was constructed, Toyota stands out as the mastermind of a monumental advance in industrial efficiency. The Japanese automaker pioneered so-called Just In Time manufacturing, in which parts are delivered to factories right as they are required, minimizing the need to stockpile them.