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Question: Over the last decade, many industries have been transformed by a process in which goods, which were formerly kept in inventory in anticipation of sales are now often created at or near the actual time of consumption in reaction to sales. What examples of industries or products can you think of that have undergone this change? What might be the pros and cons from the standpoint of SCM? What about from the standpoint of the customers? What specific technologies are you aware of that might facilitate these transformations now and in the future?

Management Theories, Management Studies

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