| In today's world of liberalization and globalization, | | | | There are lots of factors that should be taken into |
| economies are opening their doors towards each | | | | consideration while going for global supply chain |
| other because no one is self sufficient, and getting | | | | management approach, such as labor costs, tariffs, |
| confined to themselves may result in their extinction. | | | | exchange rate, climatic conditions, shipment times, |
| Nowadays, companies are indulging themselves into | | | | policies of the government of other countries, |
| global supply chain management to survive in the | | | | supplier selection etc. Electronic companies are highly |
| cut-throat competition. Most of the companies that | | | | indulging in global supply chain management to flourish |
| want to get global reach in their mode of operations | | | | their business and to endeavor the economies of |
| are opting global supply chain management strategies | | | | scale available world-wide. In different parts of the |
| to enhance their profitability and to reduce their | | | | world electronic parts distributors specialize in |
| procurement costs. | | | | different electronic parts supply. |