How to Leverage Supply Chain Management Technology to Gain Competitive Advantage
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Improved supply chain dexterity: In the rush to produce or procure goods made more cheaply in other countries, plenty of North American and European retailers have sacrificed dexterity. Long supply chains by their very nature reduce retailers’ dexterity. There's no easy fix, but maintaining multiple sources of supply and having the agility to tap those alternate supplies provides price negotiation leverage and reduces corporate risk. Shortening supply chains can increase corporate dexterity in some cases by creating alternate transportation paths and lower costs.
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Timothy D. Garcia
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