After reading this chapter, you will be able to:
Explain why global production and supply chain management decisions are of
central importance to many global companies.
Explain how country differences, production technology, and production factors
all affect the choice of where to locate production activities.
Recognize how the role of foreign subsidiaries in production can be enhanced
over time as they accumulate knowledge.
Identify the factors that influence a firm’s decision of whether to source supplies
from within the company or from foreign suppliers.
Understand the functions of logistics and purchasing (sourcing) within global
supply chains.
Describe what is required to efficiently manage a global supply chain.