Today’s globalisation is a result of the divergence first of production and consumption on a local and regional level, and second of the subsequent divergence of production itself into global supply chain networks.
Reductions in costs for transport and information exchange have led to fragmented global value chains. Global value chains contribute towards economic prosperity in developed and in developing countries. However, companies increasingly need to adapt to changing geopolitical realities in order to maintain profitability.
Understand the components and mechanics of international supply chains
Develop an understanding about different supply chain needs for different products
Understand a supply chain as a management tool to manage global value chains
Apply the concept of supply chain management (SCM) to simple collaboration challenges within the supply chains of your organisation