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“The goal of supply chain management is to improve the knowledge and effectiveness of the entire supply chain network, increasing the operating cash generated, now and in the future, for all the links in the supply chain.”
We have written several articles focusing on building a sufficient Goal for Supply Chain Management. Judging from the traffic on the site, our three-part article is attracting some attention. If you have not seen the series, just hop to Part 1, and follow the rest through.
In the series, I present the idea that the Prime Directive of a Business is to Make More Money, Now and in the Future.
In this short snip of a video, Eli Goldratt makes the same argument.
What do you think?
“If you ask me to name the proudest distinction of Americans, I would choose — because it contains all the others — the fact that they were the people who created the phrase 'to make money.' No other language or nation had ever used these words before; men had always thought of wealth as a static quantity — to be seized, begged, inherited, shared, looted, or obtained as a favor. Americans were the first to understand that wealth has to be created. The words 'to make money' hold the essence of human morality.” – Francisco D’Anconia
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