Global Supply Chain Management (GSCM) refers to the coordination and management of all activities involved in sourcing, production, and distribution of goods and services across international borders.
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It focuses on optimizing the flow of materials, information, and finances to meet customer demand effectively. Global Supply Chain software plays a crucial role in this process, providing tools to streamline operations, track inventory, and enhance communication across diverse locations. Understanding what is global supply chain management is key to improving efficiency and reducing costs, as it involves managing the complexities of sourcing, manufacturing, and delivering products worldwide.
In simple terms, the global supply chain definition encompasses the interconnected systems that bring products from raw materials to consumers, with the global supply chain meaning centered on creating value through global trade and logistics.
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