Question: Globalization and technology developments have led to what some individuals
Globalization and technology developments have led to what some individuals have described as a “flat world.” What is the significance of the flat world concept? What is the impact of the flat world on supply chains?
Relevant QuestionsWhat special role do networks play in supply chains? What are some of the challenges for efficient and effective networks? How can companies address these challenges and issues? Supply chain managers should be concerned about three flows in their organizations. What are these three flows, and why are they important? How are they related to each other? Logistics costs as a percentage of GDP have been decreasing in recent years. What factors have contributed to this relative decline? What does the future hold for logistics costs? It has been alleged that the world has become flat. What does this description mean from a global economic perspective? What factors have contributed to this phenomenon? In what ways are clients/customers counting on 3PLs for involvement with information technology-based services?
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