SUPPLY CHAIN GLOBALIZATION: The Era of Revitalized Command is Upon Us

Now is the third era of global supply chain transformation that has occurred within the last 100 years. The emerging emphasis is on corporate risk management. Enterprises are re-calibrating their globalization strategies and strengthening the core of their organizations as the risks of the over-exte...

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Bibliographic Details
Published in:World Trade 2007-10, Vol.20 (10), p.28
Main Author: Boyson, Sandor
Format: Article
Language:English
Subjects:
Bias
Boundaries
Business models
Enterprise risk management
Executives
Foreign investment
Globalization
Intermodal transportation
Logistics
Manufacturing
Multinational corporations
Outsourcing
Production capacity
Strategic planning
Supply chain management
Supply chains
Vertical integration
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Summary:Now is the third era of global supply chain transformation that has occurred within the last 100 years. The emerging emphasis is on corporate risk management. Enterprises are re-calibrating their globalization strategies and strengthening the core of their organizations as the risks of the over-extended and over-outsourced enterprise have come into sharper focus. The multinational enterprise is becoming more risk-averse and less likely to over-extend itself through alliances, and is showing an emerging bias toward more direct absorption and control over assets in its network. The new era of revitalized command is changing public sector supply chain decision-making. Each era of enterprise transformation has provoked, and will continue to provoke, a specific set of policy responses, a regime of instruments, incentives and regulatory frameworks used by governments to extract value from or adapt to multinational corporations.
ISSN:1949-9140
1949-9159