a supplier is any person who provides either a good or service
Typically, a supplier is any person who provides either a good or service or both to those in need. Moreover, a supplier has the power to provide to a business that requires him or her. For instance, in an electrical firm, the supplier provides electricity (a service) to a business that needs it. In that regard, once the supplier is gone, then the business will be forced to either find a way to work around it or live without it. Mainly, the main interests of the suppliers revolve around ensuring their business stays intact by providing either goods or services to businesses in need.
Globalization refers to the process by which organizations or businesses either develop international influence or start operating on an international scale. Typically, globalization has created both risks and opportunities for firms as the more connected economic environment has brought in more clients and new markets for goods and services, new resources, and suppliers and has also brought a larger extent of competitors. The more collaborative an environment is, makes it possible for companies to reduce cost and focusing on these core competencies to participate more profitably in the global trade.
The two main reasons why globalization affects the supply chain is because it expands the influence of firms and also changes the horizons of where the products are going. With this, firms are in a position to spread in more areas globally where they provide their services and goods which implies that they would have to expand their productivity at home. In this case, the expanded market also implies a broad range of competitors and thus firms devote themselves to explore more efficient strategies and technologies to provide better quality products, lower costs and also enhance faster delivery t maintain their competitive advantage globally.