For physical goods, there are costs associated with logistics and lead TIMES, owing to inventories and poor forecasts of the market. With digital capital-intensive TECHNOLOGY, however, production will INEVITABLY move toward the final market, wherever it is. This re-localization constitutes a major shift in the STRUCTURE of global supply networks.

Author - Michael Spence


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Posted on 02 Feb 2025, this text provides information on Logistics related to Michael Spence. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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