Document Type
Article
Identifier Data
https://www.scmr.com/article/supply_chain_management_has_changed_the_world_economy
Publisher
Peerless Media LLC
Publication Source
Supply Chain Management Review
Abstract
I’m making a bold assertion: global supply chain management practices are single-handedly holding down inflation across the globe. Economists have been asking for a while now why inflation stubbornly remains below “ideal” levels, despite uses of various policy levers. There is some evidence that it could be due to the ability of modern global supply chains to continue to find new and cheaper sources of production—the power of competition—coupled with old fashioned managerial innovation.
