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The supply chain of the 21st century

from Supply & Demand Chain

There is great value in harnessing the power of supply chain ecosystems to drive growth and efficiency in a business. Applying ecosystem principles helps businesses create and master this "chain of chains" that envelops the multi-enterprise scope of the company's suppliers and customers to function as one synchronized unit. The supply chain, as it currently exists for most companies, is a linear function of buy, sell, ship and pay. However, technological advances and communication innovations over the last 40 years have increased the complexity, opportunity and benefits associated with effective supply chains. more

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