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Frictionless Markets - The 21st Century Supply Chain (Hardcover, 1st ed. 2016)
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Frictionless Markets - The 21st Century Supply Chain (Hardcover, 1st ed. 2016)
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This volume models a 21st century supply chain: one that uses
technology that leads to the power of the individual, not larger
organizations. Author Jack Buffington explains how in the near
future, each of us will be a "prosumer" in a peer-based economy of
micro-level manufacturing with little waste and infinite
customization. There are two primary schools of thought in regard
to the world economy of the future; from one side is a belief that
economic growth can continue in perpetuity, driven upon a cheap and
plentiful energy supply. From the other point of view is a
perspective that economic growth will soon end has due to a lack of
cheap and plentiful oil, too much financial debt, and a damaged
environment that cannot withstand more growth. Frictionless Markets
proposes a third way: a 21st century model based upon an economic
calculus that does assume that fossil fuels are rapidly depleting
and the environment is being damaged, but does not assume that this
means an end to growth, but rather, a beginning of opportunities.
Frictionless Markets tells the story of why and how frictionless
markets will exist by the year 2030. Dr. Jack Buffington is both a
supply chain professional for one of the largest consumer products
companies in the world, and a researcher in biotechnology and
supply chain at the Royal Institute of Technology in Stockholm,
Sweden.
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