“Scarce.” It’s a great word. It’s probably a term that first appeared to me on some middle school vocabulary test. Little did I know then that the word would become such an integral part of my everyday lexicon as I embarked on a career in supply chain.
Oddly enough, the word “scarce” has always invoked a feeling of fear in me. Part of that is likely because it’s a mere one letter off from the word “scare.” More likely, I think it’s the fact that running out of something, particularly some precious resource, is a truly frightening prospect.
In today’s increasingly complex supply chain industry, resource scarcity is certainly something to fear – but it’s an issue that organizations can unquestionably overcome as long as they have the right strategies in place.
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About Gabriele Pfaffmann
Gabriele Pfaffmann is a member of the SAP Solution Marketing organization, responsible for the enterprise asset management (EAM) line of business. She joined SAP in 1996, holding positions in solution management and solution marketing, and is based in Walldorf, Germany.