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As globalization continues to shrink the world and blur boundaries across business development, the issues to consider in exploring new markets, establishing cost-effective distribution centers and containing business costs have become infinitely more complex. For global supply chain management and site selection decision points in this process, risks related to governmental and political issues, rising tariffs, increasing transportation costs, shifting markets and currency rates are highly volatile influencers of success. Responding to these shifting complexities, and to the roadblocks and opportunities they present, is essential for establishing and maintaining a highly-functioning, efficient global supply chain. Having both the knowledge and the tools to understand and act on these influencers in the site selection process must be a key business goal. This white paper attempts to address many of these key drivers that inform the decision making process for global supply chain and site selection strategies and sets the stage for additional research to be completed as these questions are further explored.
Keywords: Knowledge Community, Research, Driver, Globalization, Cost, Consumer, Operation, Transportation, Risk
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