The official business definition of Global Supply Chain Design is the strategic and operational process of planning, managing, and controlling the flow of goods, services, and related information from raw material suppliers to end customers. It involves the integration of all the activities and resources required to deliver products and services to customers in a timely and cost-effective manner. Global Supply Chain Design is a complex process that requires a deep understanding of the global market, customer needs, and the capabilities of suppliers. It also requires a comprehensive understanding of the supply chain, including its processes, infrastructure, and resources. Global Supply Chain Design requires a clear understanding of the supply chain’s performance objectives, such as cost, service, and quality, and the ability to effectively manage the supply chain’s resources and processes to meet those objectives. Additionally, Global Supply Chain Design must consider the risks associated with global supply chains, such as political instability, currency fluctuations, and natural disasters. By leveraging the right tools and technologies, companies can develop a comprehensive Global Supply Chain Design that will enable them to optimize their supply chain performance and reduce their risks.
