As the world economy expands and companies experience globalization, supply chains have become increasingly complex. For example, the Adidas Group, one of few companies that fully disclose their supply chain information, works with over 1,000 independent factories in over 61 countries. 65% of factories in Adidas’ supply chain are in Asia, 25% in the Americas, and 10% in Europe, the Middle East, and Africa (AMEA.) Globalization has many positive attributes such as helping economies expand through trade, foreign direct investment, providing job opportunities, and allowing developing countries to intensively use factor endowments.
Read Full Article: 3blmedia.com