Global supply chains span multiple countries and regions, and diverse cultural and competitive nuances distinguish them. To manage their international operations as efficiently as possible, companies must understand these differences and how they influence supply chain practices and priorities.
This article explores how approaches to key elements of supply chain management vary across geographies, particularly in North America versus the rest of the world. In a globalized business environment, critical capabilities such as a company’s ability to handle risk, embrace innovative technology, and ensure that the workforce has the right skills can differ markedly from country to country.
An awareness of these differences can help companies compete effectively in fast-changing markets.
