CHAPTER 2

How Supply Chains Have Enabled an Evolving World

When it is a question of money, everybody is of the same religion.

—Voltaire1

In the first chapter, we described supply chains, the core flows, and their fundamental purposes. We discussed their evolution from a back office and support function to an enabler of the business strategy, then to a critical part and main driver of business success (or failure). Alongside this was the development of the end-to-end supply chain construct driven by the clear need for business process and ecosystem integration.

In recent years, two types of events have changed supply chains in dramatic ways. The first was an avalanche of global “black swan” events—the Covid-19 pandemic, the Ukraine conflict, ...

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