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Summary Chapter 3

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February 14, 2020
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Written in
2018/2019
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Summary

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Chapter 3: Global Dimensions of
Supply Chains

, Supply Chains in a Global
Economy
 A supply chain should manage three important flows:
o Materials/products
o Information
o Financials
 Supply chains help to establish the limits of what is competitively possible in
the market
 The cost and value at the end of the supply chain determine a firm’s ability to
compete in a marketplace
 Operating globally has become easier to accomplish for individuals and small
companies because of the advances in information and communication technology




The Scope and Magnitude of Global
Business
 The ability to connect to individuals and companies across the globe and to
connect computer information systems on a 24/7 basis has provided
unparalleled opportunity for a collaboration horizontally and vertically in supply
chains

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