Nike does not own a complete manufacturing facility in any part of the world, but gets all its products manufactured by sub-contracting in various parts of the world.

These efforts typically focus most heavily on cost savings. In the world of connectivity and speed, the IIM one year course with specialization in global supply chain management would enable students to understand the logistics, production, and processes involved in the business. Global supply chains involve partnering with foreign companies that will be able to help improve supply chain efficiencies. Global and local organizations alike must be more prepared than ever for any event, anywhere in the world, that could force them to either find a new supply source or reroute their supply chain. It is generally much cheaper, for example, to manufacture a product overseas than in America. Others are exploring new, increasingly global sourcing options. Global supply chain management is most crucial to the competitiveness of global retailers, such as Wal-Mart, Carrefour, etc., and e-retailers like Amazon.com. In addition, every organization needs … To aid their ability to react, many companies are turning to complex new technologies that augment best practices. This, of course, sounds like the definition of a global supply chain. A global supply chain is a dynamic worldwide network when a company purchases or uses goods or services from overseas. IIM Udaipur’s one year supply chain MBA program - GSCM is one of the prestigious one year MBA programs in the country. The term global value chain refers to an international supply chain of people and activities that go into creating and offering goods or services when the supply chain needs to be managed across different countries. It involves people, information, processes and resources involved in the production, handling and distribution of materials and finished products or providing a service to the customer.

Van der Vorst (2004) is of the opinion that supply chain management is the combined preparation, organisation and control of the entire business method and events in the supply chain to deliver quality customer value at a cheap price to the supply chain while fulfilling standards of the other stakeholders in the supply chain.

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