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What is the most crucial goal for supply chains?

How a little resiliency can go a very long way.

By Eric Jones | Updated on January 08, 2015

One of the driving forces behind the expansion of business relationships is a mindful effort to reduce risk. This is particularly true in supply chains.

To be sure, the pursuit for lower-cost materials and more efficient logistics are very important to industries of all kinds today. But reliability of supply and precautionary redundancy have prompted firms in industries ranging from basic materials like steel and chemicals to high technology, to establish supply networks across the globe.

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