“World exports as a percentage of global GDP showed a continuous growth trend from the mid-eighties of the last century,

[answerhappygod]

“World exports as a percentage of global GDP showed a continuousgrowth trendfrom the mid-eighties of the last century, until 2008. Since thenthe growthstopped.Another indicator for trade, global capital flows betweencountries, achieved itshighest point seven years ago. But times are changing. Growth willstill be there, ifyou know where to find it.According to McKinsey, approximately 600 cities are likely torealize 65% of theglobal GDP growth by the mid-twenties. By then, the growing citiesare predictedto add up to $30 trillion to the world economy. Incomes indeveloping economiesnever rose faster or at a greater scale in history, and about abillion people arebecoming part of consuming classes in roughly ten years’time.Macro-economic changes and shifts in trade patterns have theirimpact on globalsupply chains. They provide opportunities as well as challenges.Let’s have a closerlook at some developments in logistics that are directly orindirectly caused bychanges in trade patterns, in GDP growth or in customerbehaviour.
Q. Define and explain “Re-shoring/In-shoring” and how Growthpatterns/Flexibility/Globalization/Multi-channelsourcing/Information technology/
Continuity/Sustainability/Compliance/Partnerships/End-to-endvisibility/Complexity isaffecting “Re-shoring/In-shoring”.
website: http://www.supplychaindigital.com/logis ... -Logistics