The need for supply chain management increases as globalization increases.

Question

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Globalization involves companies conducting business operations across multiple countries and continents. This often leads to complex supply chains with various suppliers, manufacturers, distributors, and retailers involved. Effective supply chain management is essential to ensure that products are delivered to customers on time and at a reasonable cost, amidst the challenges of long distances, different time zones, and cultural differences. Therefore, as globalization increases, the need for supply chain management also increases.

The Need for Supply Chain Management Increases as Globalization Increases