IBM exec: Every day in the supply chain has a black swan

LAKE BUENA VISTA, Fla. — After a discussion about the theory of black swans in markets — in which a development occurs in spite of enormous mathematical odds, like a black swan being hatched — Joseph Berti told an audience at the Gartner Supply Chain Symposium that their industry has a black swan daily.

“If there is anything you can remember, it’s that two days are never the same in the supply chain,” said Berti, a vice president at IBM (NYSE: IBM)  “Just because it happened in the past doesn’t...

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