Get a deeper understanding of modern supply chains with Chief Operating Officer Jeff Gosz and Vice President Industry Solutions Amber Salley from GAINS. Discover the intricacies of interconnected ‘mini supply chains’ managed by suppliers, and learn how changes in one part of the network can impact the entire system. This essential video offers insights into the dynamic nature of supply chains in today’s business world.
Jeff Gosz (00:12):
Even in the simplest of business models, we find that companies have multiple supply chains.
Amber Salley (00:18):
Even within a single organization, there could be multiple supply chains
Jeff (00:22):
And that’s because they have various products within the same products. They have multiple suppliers, which have different supply chains as well as multiple customers.
Amber (00:31):
Where this all ends up leading to is different decisions are made in different supply chains because there are different objectives each supply chain has.
Jeff (00:40):
Flexibility is very important in terms of managing these different supply chains.
Amber (00:45):
Differentiators across supply chains could be just the entire operating model of the supply chain. What each supply chain sees as a differentiator from a very long list of factors that distinguish each individual supply chain from each other.