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3 Ways to Manage a Global Supply Chain

Plants are great, because a rule as simple as Just-add-water is enough to make them grow and grow properly. Sadly, Just-add-water does not work with supply chains, unless maybe you manufacture a lot of surfboards. Natalie Burg at Forbes writes about three ways to keep growth in the supply chain healthy as it goes global. The first thing to do is to look to local experts, people within a given country who already possess a critical understanding of business in the local climate. Such people save you money by guiding with whom you do business and even by having a better understanding of tax code. Secondly, Burg says to invest in IT, because supply chain best practices are ineffective if not supported by the right accompanying IT solution. Finally, diversify and appreciate your suppliers. By treating suppliers as partners and being flexible with them, they in turn are more willing to work and cut deals with you. The more suppliers you befriend, the better, especially when something goes wrong with your current supplier and it is time to develop a contingency.

About John Friscia

John Friscia is the Editor of Computer Aid's Accelerating IT Success. He began working for Computer Aid, Inc. in 2013 and continues to provide graphic design support for AITS. He graduated summa cum laude from Shippensburg University with a B.A. in English.

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