What are the techniques used in managing a global supply chain? (500 words)

- Let the learners know about a global supply chain.
- Discuss the nuances of the industry like how rules can vary from place to place and culture can be different.
- Global footprint of a company depends on its supplier/partner management or whether the strategic objectives of the company are in compliance with environmental, social and economic responsibilities during the integration of resources and value creation in the global business environment.
- Localization vs. standardization strategies can be applied in marketing strategies.
- Intercontinental and intra-continental transportation and warehousing (shipping) are at the core of any supply chain.
- The risk management of the company includes responding to the uncertainties in various ways.
- Collaboration, visibility, and flexibility engender rapid adaptation to new environments.
- Include such cases as best practice worldwide in supply network management.