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How to move to just-in-case stock management

With more and more businesses looking to add resilience to their supply chains, many are now switching from just-in-time to just-in-case (JIC) inventory management.

Woodworking Industry News

Home building and lumber prices remain volatile

VANCOUVER, B.C. – Softwood lumber prices remained volatile as the industry faced weather, supply chain, governmental issues, and other external factors, according to Madison's Lumber Prices index. The analyst firm found that the second half of 2021 underwent “relentless” lumber price increases. In addition, North American construction framing dimension softwood lumber prices reversed their rises during January 2022. Ongoing strong demand, however, served to prop prices up again at the beginning of February.