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White Papers
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National Foreign Trade Council (NFTC)
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Connecting the Dots: The Global Economy and Supply Chain Management
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Facing ever-increasing global competition, corporations must understand the consequences of investment overseas and accurately gauge the costs associated with it. In order to plug into the global supply and value chain effectively, corporations must work (or not work) in tandem with governments that either promote or dissuade such investment. Often, they must weigh alternatives when some government policies promote investment and others discourage it. They must also take into account the cost of connecting to the global economy in terms of factors such as shipping costs, time to clear customs, port of entry fees, corruption, time associated with enforcing contracts, cost of licensing and documentation and so on. This study seeks to capture some of these factors through an analytical model that considers six different factors that reflect such considerations in light of supply and value chain management.
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Connecting the Dots: The Global Economy and Supply Chain Management (pages: 142)
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