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A global supply chain is, in simple terms, a comprehensive system which a business uses to move its products or services. Although this sounds simple enough, a global supply chain can be anything but. There are many facets of a global supply chain that need to be in sync- Employees, information and data sets required to keep the system running, resources used—and even the tools used by businesses to stay compliant with government regulations. All of these can be considered to be a part of a global supply chain. For more visit: agility(dot)com/en/core_services/supply-chain-logistics-solutions/
Sonny Johan
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∙ 9y agoA supply chain
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Which one is wiser to study business management or economics if you want to be in a logistics or supply chain environment?
If you aspire to excel in a logistics or supply chain environment, studying business management would be wiser. Business management provides a well-rounded understanding of the principles and practices required to effectively run organizations, which is essential in managing the complex and dynamic operations of a global logistics network, such as Global Logistics Alliance. This knowledge equips you with the skills needed to oversee supply chain processes, optimize efficiency, and make strategic decisions that are vital in the world of logistics and supply chain management.
Difference between a supply chain and a value delivery network?
Value ChainThe series of departments that carry out value-creating activities to design, produce, market, deliver, and support a firm's products.Value Delivery NetworkThe network made up of the company, suppliers, distributors, and ultimately customers who "partner" with each other to improve the performance of the entire system.
What is a supply chain and who is involved in it?
A supply chain is all of the companies and people involved in producing or manufacturing a product, placing it in a retail store, and then getting it to the customer. The supply chain would be a total of all parties involved in this.
Manufacturing and supply chain in international business?
Manufacturing and supply chain in international business are by far the largest companies employing logicians.
What are the four foundation elements of supply chain management?
The four foundation elements of supply chain management are purchasing, production, logistics and processing or collaboration between trading partners.
Describe the three evolutionery stages of supply chain management?
1) international purchasing 2) global sourcing 3) Global supply management
Where could one learn about global supply chain management?
There are a lot of places in order for one to learn about global supply chain management. However, it is strongly suggested that one should check out from the website Copenhagen Business School.
How it change local supply chain glabal supply chain in the past?
The traditional local supply chain compared to a global supply chain is a matter of scale. Though with scale comes complexity. In the local supply chain the systems, processes, cultures, products, descriptions and languages are the same. When scaled globally, we operate across multiple boundaries affecting governance, language, culture, currency, and systems (computer and physical). Compare this to the costs of production and distribution - global procurement enables enormous diversity of choice though adds to distribution costs. Further manufacturers can tap into lower priced labour and raw materials to offset additional transport costs. Though global supply chains have been around for millenia: Marco Polo operated a global supply chain!
Where can one learn more about global supply chain?
Slideshare offers information about global supply chains. Epiqtech offers management education on the subject as well. Yale Global is also another source of information.
What is global supply chain management?
This generally refers to the management of upstream and downstream activities of an organization in an international arena.
Where can I find supply chain consulting?
Accenture is a well known supply chain consulting company. Their website offers a wide range of resources from the basic to the more complex. They services over two dozen industries and have global reach.
What does Global Fulfillment Services do?
Global Fulfillment Services are the fulfillment of telecommunications services and involve a series of supply chain activities responsible for assembling and making services available for subscribers.
What does procurator?
The fundamental of global sourcing is acquiring of product or services from the global market. It helps to expose the company's products or services in the global market. Global sourcing includes various activities like sourcing, procurement, supply chain management etc.
What is Green supply chain?
Green Supply Chain Supply chain management with an emphasis on energy efficiency and environmental friendliness.
Is logistic a part of supply chain management or supply chain is the part of logistic?
logistics is a part of supply Chain Management
What has the author Thomas A Cook written?
Thomas A. Cook has written: 'Compliance in today's global supply chain' -- subject(s): Business logistics, Exports, Management, Trade regulation, Commercial policy, Imports 'Compliance in today's global supply chain' -- subject(s): Business logistics, Exports, Management, Trade regulation, Commercial policy, Imports
Necessity and objectives of SCM?
Objective of a Supply Chain • Maximize overall value created • Supply chain value: difference between what the final product is worth to the customer and the effort the supply chain expends in filling the customer's request • Value is correlated to supply chain profitability (difference between revenue generated from the customer and the overall cost across the supply chain) • Sources of supply chain revenue: the customer • Sources of supply chain cost: flows of information, products, or funds between stages of the supply chain • Supply chain management is the management of flows between and among supply chain stages to maximize total supply chain profitability
