Day 264 of 365
September 21
📈
Economics Supply Chain Economics
Modern supply chains span the globe, optimized for efficiency over resilience. A smartphone contains materials from dozens of countries. Just-in-time manufacturing reduces costs but increases vulnerability to disruptions, as COVID-19 revealed.
💡 Did you know?
A single car requires parts from over 300 suppliers across multiple continents!
Take Knowly with you
Get daily lessons, create your own, and build your personal wisdom library
Download for iOS