Loss Prevention Magazine | December 11, 2019
Just like a physical chain, a supply chain is only as strong as its weakest link. Today’s issues are about networks of interdependence. We extract major economic benefits from modern supply chains, because each organization can focus on its core mission or specialty. This narrowing of focus is very effective, allowing each organization to be the best at whatever it does—making widgets, transporting them, or adding value by assembling parts made by other specialists. But this same narrowing of focus on just one aspect of a system means the system as a whole becomes fragile.