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Chapter 4: The Impact of Globalization on Supply Chain Management
By Daniel L. Gardner
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From Supply Chain Vector: Methods for Linking the Execution of Global Business Models With Financial Performance
The globalization of business is the best thing to happen to supply chain management (SCM) in the last 30 years. This seemingly bold statement is made not because globalization has made SCM any easier quite the contrary. Driven by overwhelming market forces, globalization has forced countries and companies to become more efficient, creating the infrastructure and competitive advantage necessary to survive the early rounds of a brawl that will undoubtedly go beyond the last bell. Unfortunately, whether one is in favor of or against globalization is irrelevant for purposes of this discussion. Although both sides of the globalization debate have valid points, the fact is that it will continue. Reality dictates that if companies intend to not just survive but prosper in a hyper-competitive environment, they would be well advised to acknowledge the complex nature of the terrain in which they find themselves deployed. What is relevant to this discussion, however, is a basic understanding of what globalization is and its significance to the field of SCM Globalization, the World Trade Organization and Trade AgreementsGlobalization assumes many faces, but in the realm of economic development it revolves around the nurturing of commerce through the removal of both tariff and non-tariff barriers to trade. Driven mainly by the World Trade Organization (WTO) and its predecessor, the General Agreement on Tariffs and Trade (GATT), [1] countries that embrace globalization allow access to their markets through lower tariffs while seeking reciprocal business opportunities in member countries around the world.
Copyright J. Ross Publishing, Inc. 2004 under license agreement with Books24x7
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Supply chain management software (SCM) is used to track and monitor products and services.
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Trade show support, conference support and exhibition support services design trade show booths, product exhibits, and supporting marketing materials. They also register companies for events, perform setup and teardown activities, and manage logistics.
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[1] [2]
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