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A new term has begun to creep into the lexicon: the migratory supply chain. But despite the similarity in their names, these supply chains have little in common with whooping cranes or monarch butterflies.
Our supply chain universe can be seen as clustered around three "estates," roughly comparable to the social divisions in pre-revolutionary France. We might, without stretching too far, term them the First Estate?the academic community (or the "clergy"); the Second Estate—the consultants and software developers (or the "nobility"); and the Third Estate—working practitioners (or the "commoners").
Warehousing is nothing more than the effective management of time and space. It would stand to reason, then, that the material handling tools used in facilities would be designed to conserve both time and space. But it's never that simple.