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Why Are Modern Supply Chains So Needlessly Complex? | Economics Explained
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Business
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7th - 12th Grade
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Hard
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The video explores the complexities of global supply chains, using pharmaceutical and tech industries as examples. It discusses why companies opt for intricate supply chains, influenced by factors like cost, regulation, and mergers. The impact of COVID-19 on supply chains is also examined, highlighting the balance between inventory management and cost efficiency.
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