Global supply chain management is the management of supply chains across borders. Finding its roots in international logistics management, it covers a wide cross-functional field of various topics from strategic design decisions, to actual business practice related to
a) foreign trade and cross-border logistical movements of cargo and,
b) actual cross-border production, sourcing and distribution decisions that have to be addressed within the scope of the logistics function, activities and practices of the firm.
It has increasingly become important for organisations and its managers to identify, measure and control the spatial risks and complexity from global supply chains. Global supply chain management thus offers a wealth of developmental opportunuities for students. The theoretical foundation is based upon transaction cost economics and organisational theory, and the problem field has important interconnections with spatial, information and transportation economics. The notions of logisitical friction and spatial transaction costs are investigated, and how organisations and its managers percieve and strive to manage these, often through the use of sophisticated technologies, information and decision support systems.