Wednesday the White House released a new National Strategy for Global Supply Chain Security. This is an issue easy to underestimate. Like the plumbing in your house, it tends not to be at the forefront until something goes wrong: leaking, freezing, breaking, bursting, or when the well goes dry. Below is a quick take on context and potential implications.
On June 26, 1974 at a Marsh supermarket in Ohio, a pack of Wrigley’s Juicy Fruit chewing gum became the first retail product sold using a scanner and Universal Product Code symbol. Our lives would never be the same.
The use of the UPC and other “bar codes” allows the supply chain to be digitally monitored, mapped, and managed as never before. Logistics became one aspect of a supply and demand chain.
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