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Reinventing the Supply Chain - A 21st-Century Covenant with America (Hardcover)
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Reinventing the Supply Chain - A 21st-Century Covenant with America (Hardcover)
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An original vision for using technology to transform supply chains
into value chains in order to revitalize American communities When
the COVID-19 pandemic led to a global economic "shutdown" in March
2020, our supply chains began to fail, and out-of-stocks and
delivery delays became the new norm. Contrary to public perception,
the pandemic strain did not break the current system of supply
chains; it merely exposed weaknesses and fault lines that were
decades in the making, and which were already acutely felt in
deindustrialized cities and depopulated rural towns throughout the
United States. Reinventing the Supply Chain explores the historical
role of supply chains in the global economy, outlines where the
system went wrong and what needs to be done to fix it, and
demonstrates how a retooled supply chain can lead to the
revitalization of American communities. Jack Buffington proposes a
transformation of the global supply chain system into a
community-based value chain, led by the communities themselves and
driven by digital platforms for raising capital and blockchain
technology. Buffington proposes new solutions to problems that have
been decades in the making. With clear analysis and profound
insight, Buffington provides a clear roadmap to a more durable and
efficient system.
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