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You Are the Weakest Link

Carole Switzer | September 30, 2014

We talk a lot today about the growing complexity of supply chains in the global economy.

With an almost uncountable number of parties (or links if you will) in many undefined and ill-managed supply chain relationships, the chance of significant or fatal weakness seems immeasurable.  The complexity presented by the number, nature, and structure of these relationships is exacerbated by uncertainty about risks that each may present; which may cause disruption in the supply chain, economic loss, or reputational damage. And yet, complexity is necessary to compete.

So how do you find the proverbial weakest link in a supply chain? How do you reduce the uncertainty that contributes to complexity in a negative way without sacrificing the structure that satisfies your supply chain needs?

I recently read a whitepaper entitled “Top 5 Reasons for Supply Chain Complexity,” published by Ontonix (a firm that specializes in measuring complexity in business operations), which... To get the full story, subscribe now.