Module 3

 

       This book I am reading for this class is a mind opener, the more of it I read the better understanding I get for the title of the book and why Thomas Friedman keeps saying “the world is flat”.  What is offshoring? Offshoring is when a company moves their jobs or services to a foreign country, so they take advantage of cheaper labor, lower taxes, subsidized energy, and lower health care cost.  China has become an unparalleled zone for offshoring; it can collect so many low-wage workers, but can produce the same product in the same way. It is said that there are fifty thousand Chinese electronic suppliers. When China joined the World Trade Organization it took the World to a whole new level of offshoring.

      Supply chain is a supply/demand planner, a form of global collaboration drawing parts and products from everywhere in the World. It is a process that must take place to get the product to the right place and in a timely manner. They say that Wal-Mart is “China” in supply chains; it is the biggest retail company in the World. Wal-Mart built an inventory and supply chain system that changed the face of business. I love Wal-Mart, I shop there more than anywhere else the owner or CFO of Wal-Mart is very smart they know how to get and keep customers. The supply chain system they have is really cool, after the trucks drop their products off the workers place them on a conveyor belt, as its flowing its way in Wal-Mart has an electrical eye scanner that reads the bar code so when a customer buys the product and the computer scans the product it automatically sends a signal through the network to the supply so they know to make more and ship more out soon, then the process will start all over again.  

          I love google, I think it is the best place to find information and you can be anywhere and get on your phone and go to google and search love it. This is nice for businesses they can use it to find out all the information and get it faster so it saves them a lot of time. On google you can find a lot of back ground information on people, so businesses can search the employees history for back ground checks. I don’t like it and It is kind of scary how much information can get on someone.