A new supply chain 'normal'?
28 Jul 2009
Source: Supply Chain Digest, 16 July 2009
If you watch any of the financial shows, you have probably heard some discussions about a “new normal” coming out of this Great Recession.
The basic sense: that the rules really will have changed, that many long-held belief windows about how people and markets operate must be altered for a new reality.
So, will there be a “new normal” for supply chain too? It’s an interesting and challenging question – not easy to answer for anyone, as I discovered. My quick take: yes, there will be a “new normal” for quite awhile, because if there are important changes in the consumer and other areas of business and government, they inevitably will drive new requirements and response by the supply chain.
But as usual, I first asked a few friends for their opinions. Today, I am just highlighting a few snippets from each response.
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