The sheer scope of public-sector organizations’ requirements means many rely on the global supply chain. This involves buyers across the world procuring both goods and services from suppliers in destinations throughout the world. A global supply chain has benefits, many associated with price, but there are also fairly obvious associated risks.

In this article, we delve into some of the different facets of global supply chain management.

What is a global supply chain?

Thanks to globalization, it should come as no surprise that supply chain management has undergone many changes in recent years. Global supply chains not only span countries but also continents, and exist to source goods and services to supply the home country. Global supply chains also involve the spread of materials and other resources, together with processes, information, and skills, throughout the world. Usually, the supply chain involves production in a country where costs are lower for a buyer in a wealthier country.

Managing an individual supply chain involves almost every business activity, including but not limited to marketing, manufacturing, purchasing, logistics, finance, and personnel.

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