Featuring: Global Supply Chains
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Feature of the Month: Global Supply Chains

With high tech products filling the global market and alternative energy technology becoming more advanced, the world’s economy has shifted from an industrial economy to a knowledge economy. Since we entered the 21st century, the world patent rate and the amount of scientific publications have dramatically increased, but mostly in major countries. By examining the world patent report more deeply, we notice that the pattern of patent distributions are correlated with a country's standing in the globalized economy. In this feature, we will take a look at what patent and scientific papers can tell us about the global supply chain.

By looking at patent distributions, what emerges is a compelling snapshot of the global economy, displaying a logical extension of a globalized network of supply, demand, and expertise. In less developed countries such as China, Brazil, and India, patents focus on industrially relevant products an natural resources. In comparison, developed countries declare more patents in high tech products and designs. As globalization expands, companies make use of strengths in domestic countries to maximize their profits, and as a result, we see that developed countries have innovation driven companies while the manufacturers are more heavily concentrated in developing countries. However, many developing countries are quickly rising in innovation performance rankings and are changing their economic structures. Recently, many manufacturers are moving out of China because of rising labor costs. These trends will undoubtedly change the landscape of the global supply chain.

Featured Resources

CAPS Research
CAPS Research is a nonprofit research organization dedicated to purchasing and supply chain issues. It provides research reports (focus studies) on critical issues in supply chain management. The site also includes benchmarking reports with performance metrics in an industry-specific, cross-industry, and subject-specific format. Corollary to the benchmarking reports are the Best Practies/Practix reports of leading companies in their industry.
Category: Publications

Trade and Supply Chain Resource Center
The website contains trade tutorials on international trade and supply chain. Some of the specific subjects include export finance, foreign exchange, paperless trade, and shipping guarantees.
CategoryTrade Tutorials

Featured Academy

Multinational Logistics
The Multinational Logistics module provides information on the circumstances dealing with the following: what logistics and supply chain are and how they differ domestically and internationally; the types of issues that are involved with international transportation; international inventory matters; warehousing and product storage topics and how international logistics augments these; and the management issues that multinational logistics creates.
CategoryFunction

Multinational Sourcing
The Multinational Sourcing module contains information pertaining to the following issues: what international sourcing is and why companies chose this option; the international sourcing process, including the steps of progression from domestic to full international sourcing; countertrade, the different types of countertrade, and the issues to consider when conducting countertrade. A case study on multinational purchasing at Paradyne is also provided.
Category: Functions

globalEDGE Business Review

"Knowledge in Global Supply Chains"
By Tomas Hult (Vol. 1, No. 2, 2007)

Despite the importance of supply chains to firms, we know little about the intangible aspects of why some global supply chains excel while others struggle. The fit among strategy and knowledge elements is a key determinant of global supply chain performance. But, which knowledge elements should be stressed by which firms? Copy

"Strategic Global Supply Chains"
By Tomas Hult (Vol. 1, No. 4, 2007)

Does your global supply chain adopt a narrow or broad focus? Is either of speed, quality, cost, or flexibility the key outcome in your chain? If so, certain elements drive your performance more than others. But if you truly go for the gold standard, your focus is probably on running a strategic global supply chain (SGSC). Do you know the drivers of a SGSC? 

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Fact of the Month

Based on a survey by PwC, 45% of multinational firms acknowledge that supply chain is a strategic asset for their company in the global marketplace.

Source: PwC Global Supply Chain Survey 2013

From the globalEDGE blog

As the world continues to integrate, the globe becomes more interconnected with complex supply chain systems and countries are becoming evermore specialized in one industry or another. An interesting development where countries are specializing is in the arena of patents. To find out more about what the world's patent distribution tells us about the global supply chain, check out new post in the globalEDGE blog section!

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