Supply Chain Management The Global Peace And Make...

According to David Blanchard a Supply chain is the sequence of events that cover a product’s entire life cycle, from conception to consumption. The end of Second World War has seen an escalation of globalisation as countries become borderless. This has been fuelled by sharp improvement in technology, which has enable businesses across the globe to communicate and open doors to new opportunities. In addition, the implementation of international institutions and cooperation such as the WTO, the UN and the EU has helped establish a global peace and make business across border more transparent and slick than ever. The reality is that the world now depends on trade, as the physical movement of goods between locations remain a core part of†¦show more content†¦China has seen unprecedented economics expansion through the last decade. This has helped the country build important infrastructure such as roads, ports and airport that are vital to importation. Furthermore, the acc ession of China to the WTO in 2001 can be seen as door to china has opened to the world. This has resulted in the adoption of unilateral trade regulation of the 90s. As a result, China trade and investment regulation is more transparent and predictable; overall, access to China has been facilitated ever since. This has made the country number one exporter to the US and as according to the ONS release of January 2014, China is second exporter to the UK. This shows that China has potential for foreign investment. However, China still remains a communist country with heavy restriction in area such as that of the Internet and communication and its labour law is still heavily criticise. On the other hand, Bangladesh is the world’s eight most populous country with over 160 Million individuals. According to a BBC report (Roland 2005), more than three-quarter of the country export earning come from garment. Indeed, over the last decade, the country has implemented measures intended at improving it global competiveness and overall attractiveness. However it is important to note that more than three-quarter of the population live under $2 a day. This shows that the country still struggling for