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Breakthrough Supply Chains: How Companies and Nations Can Thrive and Prosper in an Uncertain World
book

Breakthrough Supply Chains: How Companies and Nations Can Thrive and Prosper in an Uncertain World

by Christopher Gopal, Gene Tyndall, Wolfgang Partsch, Eleftherios Iakovou
June 2023
Intermediate to advanced content levelIntermediate to advanced
320 pages
6h 33m
English
McGraw-Hill
Audiobook available
Content preview from Breakthrough Supply Chains: How Companies and Nations Can Thrive and Prosper in an Uncertain World

CHAPTER 6

Knowledge

Business Acumen, Supply Chain Finance, and Costs

Science is the father of knowledge, but opinion breeds ignorance.

—Hippocrates (460–370 BC)

Recently, at a workshop for developing and managing talent in what was labeled as the “new supply chain environment,” a senior executive laid out his requirements for a “high-impact,” high-value managerial education program for his global sourcing, purchasing, and planning function.

I have plenty of people who know all about sourcing, purchasing, and planning—buying, negotiating, doing “should cost” analysis, managing purchase price variance, and doing sales and operations planning. What I really need are people who understand the following and bake it into their decisions and analyses—the ...

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Publisher Resources

ISBN: 9781264991884