Why the Supply Chain is Dead

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We really should stop using the term “supply chain.” “Supply” gives the impression that one company makes something, say a part, and sends it to another, where it sits, like bolts in a bin, waiting, along with many other discreet pieces, to be made into something greater. Sounds old, doesn’t it? These days, manufacturers and suppliers are often on the same shop floor, building things together that they probably designed together. Or suppliers are taking....