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Unformatted text preview: prices for the excess products that no one wants to by anymore. But with this in mind critics recently have realized that efficient chain management can also have a great risk. If there is a minor mistake in measuring the demand then the firm can easily have a shortage of products which would hurt not only the company but consumers also. One small mistake could cause a shortage on almost all of the little computer components that we use today that are necessary in todays world. A balanced supply chain has brought many firms forward but it also requires the dedication to keep it balanced and keep the information accurate at all times. Sperling, Ed. "How Korean Tensions Can Hurt Tech - Ed Sperling - Tech Talk - Forbes." Forbes . N.p., 29 Nov. 2010. Web. 01 Dec. 2010. <http://blogs.forbes.com/edsperling/2010/11/29/how-korean-tensions-can-hurt-tech/>....
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This note was uploaded on 03/26/2011 for the course ECON 0146010010 taught by Professor Allisonfranzese during the Spring '11 term at Rutgers.
- Spring '11