Benefits Of Global Supply Chain-
Consider this, if you are a typical company your imports and exports have grown at least 20% over the last 10 years. If you are one of those unique companies who prefer to deal with local suppliers then all that is happening is that there is a layer of rent-seeking middleperson who is importing on your behalf and supplying to you. When the concept of the supply chains originated in late 70s, most supply chains were still national – while were moving towards a regional structure. In fact, it might be fair to say (I have to confirm with Dr. Wolfgang Partch – one of my colleagues in Munich and originator of the concept) that the Pan-European regional expasion of companys’ supplier footprint led to the origination or at least quick adoption of the concept in the business world.