ABSTRACT

Discuss the driving forces for global and international trade Analyse the types of international strategy Appreciate the importance of sourcing and procurement as an operations strategy Consider the advantages and disadvantages of offshore and domestic sourcing Consider the history and evolution of the supply network Understand the nature of both supply network and supply chain operations strategies

INTRODUCTION

As with the other chapters in this section, we will deal with two distinct yet interrelated elements. The importance of international and global trade has increased dramatically; consequently it is clear that many firms will wish to develop operations strategies for this purpose. In addition organizations, no matter what their size or particular sector of trade, now understand the importance of operations strategies that recognize the role of other firms in their domain – the supply network.