A global supply chain is mandatory as a business extends its

.A global supply chain is mandatory as a business extends its markets to foreign countries. Your company has decided to extend its customer base into foreign countries, what are some benefits and problems you see your company encountering? What strategies should your company adopt in order to ensure smooth supply chain management extension? Provide as many examples as possible.

Solution

There are many challenges that company will faced to extend itself in foriegn country or to be globalised -

Company has to adpat itself according to foreing culture and norns to survie thier .it has to learn each and everything.

For example culture of asia and america is very very different an asia\' s company can not represent itself as as it is in america it has to make changes according to foreign country.

Sometime technology is other issue that compnay can face americans are more advanced in technology where as asians are very far in terms of technology therefore its a another issue that company has to face.

For example asian company still use fax and emails for communication and americans use EDI.

BENEFITS :

Company will get new customer base in foreign country.

It increases the sale and revenue of the company.

Company gets exposure of globalisation.

To overcome all these challeneges company has to keep its eye on external environement ,changes that its ahs adapt and opportunity that is available in the external environment.It has to fovus on quality management to touch the standard of foreign company.powerful data management and integration must be there .