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In commerce, global supply-chain management is defined as the distribution of goods and services throughout a trans-national companies' global network to maximize profit and minimize waste. [1] Essentially, global supply chain-management is the same as supply-chain management, but it focuses on companies and organizations that are trans-national.
A supply chain is the network of all the individuals, organizations, resources, activities and technology involved in the creation and sale of a product. A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user.
an "extended" supply chain includes suppliers of the immediate supplier and customers of the immediate customer; an "ultimate" supply chain includes all of the organizations involved in the supply of the product or service. In each case, the flow of information and finances is part of the chain as well as the product or service. [10]
Digital supply chain security; Supply chain diplomacy; Supply chain diversification; Supply chain finance; Supply chain management; Supply Chain Management (journal) Supply Chain Management Review; Supply chain network; Supply chain operations reference; Supply chain optimization; Supply chain resilience; Supply chain risk management; Supply ...
The efficiency of the global supply-chain governance cannot be commented on as a whole, each corporation will instate their own governance strategy. That being said there is a basic theoretical understanding that supports the merits of having a governance strategy in place and encourages actors to take part in one.
It focuses on how buyer-driven supply chains, led by retailers and global brands, shifted production in many international industries to low-cost developing economies. The GVC framework revolves around "governance" (supply chain control) and "upgrading" (strategic positioning in global industries).
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The Supply Chain Operations Reference (SCOR) model is a process reference model originally developed and endorsed by the Supply Chain Council, now a part of ASCM, as the cross-industry, standard diagnostic tool for supply chain management. [1]
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