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Jonathan Byrnes is a senior lecturer at MIT, and founding chairman of Profit Isle. John Wass is CEO of Profit Isle, a profit acceleration SaaS company with proprietary analytics that have produced sustained year-on-year profit increases on tens of billions of dollars of client revenues. They are co-authors of the forthcoming McGraw Hill book, ”Choose your Customer: How to Compete Against the Digital Giants and Thrive."
Downsizing is one of the most important factors that can either weaken or strengthen your company — both during the crisis and for years after — depending on how you do it.
Supply chains throughout our economy will experience volatile shock waves of product supply and demand over the next year or more. This will create chaos in both customer fulfillment and supplier replenishment unless managers adopt a completely different way of managing their supply chains.
