Category: Global Supply Chain

A Global Supply Chain refers to the network of interconnected businesses and activities involved in the production, distribution, and delivery of goods and services across international borders. This system encompasses the flow of materials, information, and finances from raw material suppliers to manufacturers, distributors, retailers, and ultimately to consumers in various countries. It involves coordination among multiple stakeholders, including suppliers, manufacturers, logistics providers, and retailers, and leverages varying resources and capabilities across different regions to optimize efficiency and cost-effectiveness. Global supply chains are influenced by factors such as trade regulations, transportation costs, currency fluctuations, and geopolitical dynamics, which can affect sourcing decisions and operational strategies. The complexity and interdependence of these supply chains highlight the challenges and risks associated with managing operations in a globalized marketplace.