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Unraveling Supply Chains
This chapter explores the intricate nature of supply chains, using the example of a loaf of bread to illustrate how interconnected components contribute to the economy. It discusses the historical evolution of supply chains, highlighting the impact of globalization and technological advancements on efficiency, while addressing the vulnerabilities that arise from cost-cutting measures. The chapter also examines the future of supply chains, emphasizing the potential for increased robustness through technology at a higher initial expense.