Question

What effects can globalization have on supply chain management?

Answer 1

Globalisation can have very big effects on the supply chain management because globalization involves doing business at a very big level which involves taking very important decisions so that there should not be any negative impact on the workings of the business organisation.Thus supply chain management is the management in which the business has to decide about how the goods and services will be moved from the point of origin to the final consumers.At the domestic level it was not so difficult for any business organisation to do the management of supply of various goods and services but due to globalisation it has become a very challenging task for every business organisation to do this.Thus now business organisation has to be very serious and careful about how to manage their various activities in such a manner so that everything can be handled in an efficient manner.Therefore globalisation has made supply chain management more complex and difficult for many businesses organisations.