The current slowdown in China is due to “near-shoring,” the practice of producing closer to the customer, and NOT as many economists would say, due to a looming economic crisis in China. True?
The closure of SAAB is a major crisis by all standards, and is a fitting reminder that this 10-year old book will never go put of date. Why and how do some companies survive, and some not? This book sheds some light on this. Close calls and near misses are not unusual in the business world, but how do companies deal with them?
The overarching theme of this book is the development of supply chain relationships for better supply chain performance, and one of the best insurances against supply chain risk is developing relationships that perform well, in good times, and in bad times.
You don’t need to have an MBA to be enable to enjoy this book, common sense and curiosity about the inner workings of business decisions are enough. I learned a lot from this book.
