What is the relation between economy and globalization? LiuXinlei

 What is the relation between economy and globalization?

1. Supply chain and international supply chain Supply chain refers to the core enterprise, starting from supporting parts, making intermediate products and final products, and finally delivering the products to consumers through the sales network, connecting suppliers, manufacturers, and distributors to The end users are connected into a whole functional network chain structure. If the supply chain is depicted as a tree with lush branches, then the production company is the root; the exclusive agent is the backbone; the distributor is the branches and treetops; the green leaves and safflowers full of trees are the end users; The nodes of branches and stems contain the circulation again and again, and the interconnected context is the information management system. Extending it, the Global Supply Chain refers to a combined supply chain on a global scale. It requires a global perspective to extend the supply chain system to the entire world and select it from all over the world according to the needs of the company. The most competitive partner to achieve a series of interrelated business activities scattered around the world, including purchasing raw materials and parts, processing and obtaining final products, product value-added, distribution to retailers and consumers, and various business entities The main purpose of exchanging information is to reduce costs and expand revenue.

2. The current state of the international supply chain The epidemic has caused as much damage to the global economy as the 2008 financial crisis. The focus of the epidemic is on industries with long supply chains, intensive globalization of labor, and high dependence on global logistics chains. Therefore, industries such as electronics, automobiles, machinery, and chemicals have been deeply affected. The impact of the global spread of the new crown epidemic on the global supply chain has shown many new characteristics: first, all countries and major economies have become the hardest-hit areas of the epidemic for an unprecedented rate; second, because there are no vaccines and special medicines, they can only helpless. The city has been shut down to varying degrees, and daily exchanges and economic activities have been suspended. Third, all links in the global industrial chain have stalled, and the global supply chain has been paralyzed; fourth, the global industrial chain and supply chain cannot be restored to their original state. An economy that recovers first cannot wait for an economy that recovers later. The process of resuming work and production is the process of restructuring the industrial chain and supply chain. Looking at the hard-hit global industrial chain, we have to think about the following questions: Why is the global industrial division of labor so fragile in the epidemic? What are its drawbacks? Is there a better manufacturing system that can better resist such global disaster risks?

3. What are the disadvantages of the existing global supply chain system? Today's global supply chain is mainly realized through two modes: one, western developed countries with capital and technology transfer the processing and manufacturing of products to developing countries, forming a division of labor between countries; the other It is a multinational company that outsources the processing of finished and semi-finished products to global companies with good processing quality, high efficiency and low cost, thus forming a global supply chain division of labor. From an economic point of view, it is reasonable for countries and regions to divide labor based on their own advantages in different resources, but the resulting supply chain problems are also inevitable: too many intermediate links and long transportation distances. With these problems, the risk of rupture of the entire supply chain increases, especially when a global disaster such as the new crown epidemic occurs, it is easy to cause the global manufacturing industry to regress. Therefore, after the epidemic, an industrial chain and supply chain restructuring process will inevitably occur, and this is an opportunity for every economy and every company.