CHAINS &
COMPETITIVE
ADVANATGE
,What is global supply
chain?
Global supply chains are networks that can span across multip
continents and countries for the purpose of sourcing and supplyin
goods and services. Global supply chains involve the flow of informatio
processes and resources across the globe.[CIPS…]
Global supply chains are the cross-border movement of goods and t
emergence of global competitors and opportunities across competin
supply chains within an industry.[Gupta M, 2014]
Global supply chains have been born by the dynamism of the customer
demands which are ever-changing rapidly. This has also brought abo
increased competition to meet these demands, thus, firms have adopted t
need to take advantage of International product, factor endowments and capi
markets.
, What is global supply chain?
Firms are creating truly global supply chains because fit enables them
reduce their costs. Going “global” through global supp
chains helps facilitate entry into new markets, enables busine
growth and provides firms with access to new technologi
through partnerships with foreign firms.