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What are the general advantages of global supply chains?

Advantage of global supply chain for a company may be disadvantages for the other; proper management of the global supply chain can achieve extraordinary results.

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Question added by Predrag Jevtic , Foreign Trade , Alubond Europe
Date Posted: 2014/07/14
P A Cariappa Appaiah
by P A Cariappa Appaiah , back office executive , Inspire Hond

Will get best product, with cheap price, so, that the company can enhance, the profitability.

Dipak Thapa
by Dipak Thapa , Sales Assistant , Milan Vision General Trading Baniyas Square -d-Dubai.

 Global supply is extremely competitive and so you can obtain a really good price for supplies, that will all be produced to excellent standards, without even having to search widely. Excellent products completed to the highest standard of quality controls can be sourced quickly and efficiently.. A global supply chain therefore brings with it benefits in terms of companies who are involved in a global supply chain being able to shave their costs right down and therefore ensure the economic viability of their business. Global supply chains are often one of the first methods used forSupply chain cost reduction activities

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