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This blog is for Watauga High School students taking the Scientific and Technical Visualization class. We are reading and discussing Thomas Friendman's book "The World is Flat". Watauga High School is not responsible for the content of any student entry or any links that might be added by students.
6 comments:
Here is a little summary:
The seventh flattener, supply-chaining, is described by Friedman as, “a method of collaborating horizontally—among suppliers, retailers, and customers—to create value.” Not only do supply-chains thrive from the flattening of the world, but they contribute to the flattening as well. Friedman explains, “The more these supply chains grow and proliferate, the more they force the adaptation of common standards between companies (so that every link of every supply chain can interface with the next), the more they eliminate points of friction at borders, the more the efficiencies of one company get adopted by the others, and the more they encourage global collaboration. Wal-mart is a great example of supply-chaining.
Supply-chaining is the 7th flattener, they help flatten the world because they get more customers across the world.
The 7th flattener is supply-chaining, it alows for more customers around the world. I really liked the subtitle "Eating Sushi in Arkansas." Wal-Mart is another example of supply-chaining.
supply chaining is a the seventh flattener because it allows consumers to get new products faster and quicker than ever before. It is the combination of a retailer working with suppliers but also with working with the consumer. The consumer is who demands certain stuff and the faster the supply chain can get it to them the happier they are. The supply chain tries to limit all the points of friction in the chain whether it be in America or somewhere else. The more they do this the faster the chain can move. Walmart is an example of this.
Supply chaining allows big and small companies to get their product to anyone in the world practically. like Scott said, wal-mart is one of the biggest if not the biggest supply chain in the world. Wal-mart dominates the consumer market from top to bottom because they have nearly everything you can imagine, all in one store.
Raw material goes straight to the factory, then to the market, then to the consumer. This is a linear path that brings products to the consumer in the fastest way possible.
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