Why Excessive Cost Cutting Can Be Detrimental to Your Supply Chain!

No business today is 100% vertically incorporated – that is, no company has the ability to produce everything in-house. It is neither physically nor highly possible for an organization to produce all its required products, products, and support services, no matter how huge the business is, or the number of subsidiaries it has. In the […]

Why Excessive Cost Cutting Can Be Detrimental to Your Supply Chain!

No business today is 100% vertically incorporated – that is, no company has the ability to produce everything in-house. It is neither physically nor highly possible for an organization to produce all its required products, products, and support services, no matter how huge the business is, or the number of subsidiaries it has. In the past, General Motors tried to produce everything related to its cars within its company and its subsidiaries – from the motors, to the tires.

biggsob-20
US