| Companies have come to understand that
survival now depends on the combination of supply chain superiority, operational
efficiency, product breadth and availability, analytical planning and - perhaps
most obviously - careful inventory management. At the core, they realize -
thanks in part to the devastating impact of the latest boom-bust cycle - that
staying stagnant and postponing investment in skills, tools and resources that
make them lighter on their feet could bring a swift fall from grace among
customers, trading partners and, ultimately, end users. |
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