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6 Common Myths About the Global Supply Chain

Thu Jul 13 00:00:00 EDT 2017

It should come as no surprise that supply chain is a determinant of business success. In today's digitally driven marketplace, almost nothing moves without the supply chain. Thanks to the industrial internet of things, the cloud, the smart factory and other trending technologies, businesses face increasing complexity in their supply chain.

Keeping up with the speed of changes in this era of digitized and globalized business has become more difficult than ever before. As the landscape evolves, supply chains need to adapt to stay ahead of the curve. It is a company's ability to manage complexity that will define how well they can compete and succeed.

Although the importance of supply chain management is clear for modern economies, there are many myths and misconceptions that plague the practice. If you manufacture or sell products, or just provide a service, it's time to check conventional wisdom. View the SlideShare below to explore six of the most persistent and stubborn supply chain management myths.