Global Supply Chains

Global supply chains refer to the network of producers, suppliers, and distributors involved in the creation and delivery of products worldwide. They encompass the entire process—from raw materials sourced in one country, to manufacturing in another, and finally to retail in various markets. This interconnected system allows companies to optimize costs and efficiency by leveraging resources from different regions. However, it also means that disruptions, like natural disasters or geopolitical tensions, can impact availability and prices of goods globally. Overall, global supply chains are essential for modern economies, facilitating trade and economic growth.