the rise of globalization
Why have we come so far so fast? With the rise of globalization and outsourcing, it has become increasingly difficult for single supply-chain companies to meet the requirements of all their major customers. Complexity and interdependence are unavoidable realities for modern supply chains, and adapting supply chain processes to meet these new realities is crucial for survival.
At one level, it’s about customers; in simple terms, supply chain segmentation is about grouping customers with similar fulfillment needs and developing distinctive supply chain operations to meet those particular requirements. The objective of segmentation is to develop distinct supply chains that are able to more efficiently and profitably meet a wide range of customer needs.