Having the right supply chain in place at the right time-i.e., when you need it-is critical. Each industry has a unique set of requirements for its supply chain. Your supply chain lives or dies on velocity and it runs into trouble when even one link in the chain fails to keep pace with the rest. This is important in all industries, but is of paramount importance, for example, to high-tech companies. In the high-tech space, this week's gizmo can become yesterday's news faster than you can say "beta max."
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