For decades, the dominant philosophy in global supply chains was efficiency above all. Companies sourced from the cheapest supplier, held minimal inventory, and squeezed cost out of every link. Then a series of shocks exposed the fragility that this single-minded pursuit of efficiency had created. Businesses learned, often painfully, that a supply chain optimized purely… Continue reading Building a Supply Chain That Survives Disruption Instead of Breaking

Signing a contract with a partner in another country means trusting people you cannot easily visit, operating under laws you may not know, in a business culture that may differ from your own. The excitement of a promising deal can tempt a company to skip the unglamorous work of investigating who it is really dealing… Continue reading What Due Diligence on a Foreign Business Partner Should Actually Cover