Beyond basic concerns like language barriers, different currencies, and taxes, globalization poses challenges to systems and suppliers. One challenge is platform integration: Different versions of ERPs and software need to work together. It is important for CPOs to have software that can address the challenges of globalization.
CPOs must also answer several supplier-related questions:
- Is the organization’s supply base adequate?
- Does it have a supplier that can deliver to all locations?
- Are the suppliers compliant with in-country regulations?
Will the suppliers follow company guidelines?