Unlearn … Just in Case
Posted in Business, General, Management, Manufacturing, New Cards, Retail, Supply Chain
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The global supply chain is an impressive feat of modern management. The problem is that in its quest to squeeze out ever greater efficiencies with its "just-in-time" system of inventory it has left itself extremely vulnerable to large, rare and unpredictable events such as the recent Japanese earthquake-tsunami. Such events are, of course, unpredictable but…
