Domestic and Global Supply Chain

DOMESTIC AND GLOBAL SUPPLY CHAIN
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Domestic and Global Supply Chain
A supply chain is a process in the manufacturing system that makes manufactured products available to the end-user. The supply chain process begins with the raw materials from the supplier to the manufacturer and the end-product reaching the consumer. According to Heizer, Render, and Munson (2016, p.483), a supply chain strategy is more profitable and efficient than a sales strategy since it entails reducing the costs of materials, which translates to huge profits. Domestic and global supply chains depend on the linked strategies' effectiveness, such as the low-cost, response, and differentiation strategies (Heizer, Render, and Munson 2016, p.484). With effective sourcing strategies, it is easy to achieve the company's set targets and enhance the development of an effective logistics system. Heizer, Render, and Munson (2016, p.486) imply the most effective sourcing strategies that determine the progress of a business include suppliers (many of few...