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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.
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.
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]
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 chain security; Supply chain surplus
Integrated Strategies is a global management consulting firm specializing in supply chain, strategic sourcing, logistics, [1] and Six-Sigma. [2] Founded in 1990, [ 1 ] the company has worked with over 200 companies worldwide.
United States Secretary of State Antony Blinken at the Virtual Supply Chain Ministerial Forum, 2022. Supply chain diplomacy (also "supply-chain diplomacy") is a form of diplomacy and statecraft that sets out to use diplomatic means, such as negotiation and international collaboration, to manage and improve the flow of goods and services through international supply chains for the collective ...
Transparency in the supply chain influences how consumers view and support companies, so improving data driven sustainability efforts can positively affect supply chain business. A company’s negative impact on environmental or social areas may show in their stock market value, exposing their true values to investors.
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