Review:
Global Supply Chains
overall review score: 4.5
⭐⭐⭐⭐⭐
score is between 0 and 5
Global supply chains refer to the complex network of entities involved in the production, distribution, and consumption of goods and services on a global scale.
Key Features
- International trade
- Logistics and transportation
- Inventory management
- Information technology integration
Pros
- Efficient distribution of goods worldwide
- Increased market access for producers
- Cost-effective production through global sourcing
Cons
- Vulnerability to disruptions such as natural disasters or political instability
- Complexity in managing multiple suppliers and dependencies
- Ethical concerns related to labor practices or environmental impact