Global Supply Chain Strategy: Framework for Managing Cross-Continental Efficiency and Performance in Multinational Operations
Abstract
This paper explores the strategic framework for managing cross-continental efficiency and performance in multinational supply chains. In an increasingly globalized world, companies face the challenge of coordinating complex supply chain operations across multiple regions, requiring advanced strategies for sourcing, logistics, technology integration, and risk management. The study highlights the importance of global sourcing and procurement strategies, logistical coordination, and the integration of advanced technologies such as AI and data analytics to optimize supply chain processes. Additionally, it examines the key performance indicators (KPIs), benchmarking, and supplier performance evaluation methods that are essential for measuring supply chain efficiency. Key challenges such as cultural and regulatory differences, supply chain disruptions, and global market volatility are discussed, alongside strategic approaches to mitigate these risks. The paper concludes with a focus on future global supply chain management trends, including the increasing adoption of digital technologies and sustainable practices. Policy implications are also considered, emphasizing the need for international collaboration to enhance global supply chain efficiency and resilience.
How to Cite This Article
Ogechi Thelma Uzozie, Osazee Onaghinor, Oluwafunmilayo Janet Esan (2022). Global Supply Chain Strategy: Framework for Managing Cross-Continental Efficiency and Performance in Multinational Operations . International Journal of Multidisciplinary Research and Growth Evaluation (IJMRGE), 3(1), 932-937. DOI: https://doi.org/10.54660/.IJMRGE.2022.3.1.932-937