13. Global Supply chain management

What is a supply chain?

A supply chain is a network between a company and its suppliers created to produce and distribute a specific product to the final buyer.

• True

• False

What are global supply chains? 

Global supply chains are networks that can span across multiple continents and countries for the purpose of sourcing and supplying goods and services.

• True

• False

Two benefits of Global Supply Chains are:

• More efficent decision making

• Customer satisfaction

• 24/7 availability

• Cultural practice

What is the importance of emerging technologies?

• Emerging global supply technology can drastically reduce risks and increase the visibility of adverse impacts.

• Emerging global technology creates new products!

What are some technologies available?

• Internet of Things (IoT)

• Artificial Intelligence

• Machine learning

• Blockchain

• All of them

With the Internet of Things: one can measure location, temperature, humidity, light levels, movement, handling, speed of movement, and other environmental factors.

• True

• False

With Artificial Intelligence: one can build in machines the capability of performing tasks that typically require human intelligence.

• True

• False