View presentation (PDF) - Department of Supply Chain Management

View presentation (PDF) - Department of Supply Chain Management View presentation (PDF) - Department of Supply Chain Management

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10.07.2015 Views

The Elephant in the RoomCurrent Economic Mess:What Caused It?• Housing-led recessionGlobal EconomicCrisis• Over-leveraged financials• Falling asset prices• Frozen credit markets• Weak household balance sheet• Globally connected financial weaknessGSCM All Hands © 2007 Cisco Systems, Inc. All rights reserved. Cisco Confidential: Not for Distribution34

Global GDP y/y change• The cycle will continue• An economic upturn usually occurs• The downturn may be protracted8%6%'GDP percent change based onchained 2000 dollars4%2%0%-2%-4%1970197219741976197819801982198419861988199019921994199619982000200220042006Source: Bureau of Economic AnalysisGSCM All Hands © 2007 Cisco Systems, Inc. All rights reserved. Cisco Confidential: Not for Distribution35

The Elephant in the RoomCurrent Economic Mess:What Caused It?• Housing-led recessionGlobal EconomicCrisis• Over-leveraged financials• Falling asset prices• Frozen credit markets• Weak household balance sheet• Globally connected financial weaknessGSCM All Hands © 2007 Cisco Systems, Inc. All rights reserved. Cisco Confidential: Not for Distribution34

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