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10 Questions

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Global to Multi-Local Value Chains

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Questions and Answers

Which of the following is NOT a benefit of moving from global to multi-local value chains?

Bringing supply and demand closer together

Increasing labor costs (correct)

Complying with local content regulations

Reducing lead times and transportation distance

What is one of the challenges of transitioning from global to multi-local value chains?

Reducing batch sizes and economies of scale (correct)

Bringing supply and demand closer together

Building resilience

Boosting overall flexibility and agility

Which trend is driven by regulations and countries trying to reduce foreign dependencies?

From 'doing' digital to 'being' digital

Both of the trends

From global to multi-local value chains (correct)

Neither of the trends

What will necessitate manufacturers to build capabilities, according to the text?

Digital capability and automation Signup and view all the answers

Which trend has led leaders to diversify their operations footprint and have multiple local setups rather than one global value chain?

From global to multi-local value chains Signup and view all the answers

What is the primary benefit of digitalization ingrained in organizational culture, according to the text?

Helps to control cost pressures in re-shoring Signup and view all the answers

What is the main challenge posed by digitalization ingrained in organizational culture, as mentioned in the text?

Creates attack surfaces for cyber crime Signup and view all the answers

What is the key focus of global value chains, in addition to cost considerations?

Recent disruptions have caused value chains to 'step out of the shadow' and come under much higher public scrutiny. Signup and view all the answers

What is the primary challenge posed by the trend of moving from regulatory compliance to innovative sustainability?

Requires cooperation along the entire value chain Signup and view all the answers

Based on the text, what is the significant scarcity that firms are currently facing?

(Digital) talent Signup and view all the answers