Supply Chain Opportunity For An Uncertain Economic Recovery

Supply Chain Opportunity in an Uncertain Economic Recovery Authors Statement of Purpose Supply Chain Opportunity in an Uncertain Economic Recovery, by Eric G. Olson, discusses the advantages the supply chain has in a struggling economic recovery, when most other companies are dealing with uncertainty. The authors’ intention contained in this article is to discuss opportunities that businesses have to grow their operations despite coming out of a severe recession. The author identifies to take advantage of these opportunity, companies must be willing to be more flexible and that scalability is much easier to implement coming out of a severe recession. The author provides a design, methodology, and approach to implement these changes, highlighting the scalability and flexibility benefits, mitigation if multiple risks, identification supply chain opportunities. Background America is not the only country that is recovering from an economic recession. The global marketplace is experiencing the same struggles that the recession has brought to countries across the world. Many companies have been impacted in a negative way from the recession, causing them to make some difficult decisions to survive during these turbulent times. When it comes to supply chain management, â€Å"it is remarkable how rapidly many businesses have successfully scaled back their supply chain operations in order to sustain profitability during difficult times† (Article p1) The recession is slowly coming to anShow MoreRelatedSupply Chain Opportunity For An Uncertain Economic Recovery1194 Words   |  5 Pages Journal Article 2 Supply Chain Opportunity in an Uncertain Economic Recovery Frank Bentley BUSI 613 February 2, 2013 Authors Purpose: The single most important issue is the author presents a direct understanding concerning current supply chain within today’s corporations during an economic recession. 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