SUPPLY CHAIN MANAGEMENT AT GLOBALIZATION

There is a strong correlation between globalization and the growth of national economies in sovereign states. In this age of ever-expanding global sourcing, supply chain management (SCM) has the potential to disseminate CSR practices beyond the economies of developing countries that are presently enjoying economic expansion. The main purpose of this essay is to have a better understanding of how ethical supply chain management (SCM) in an Asian setting can improve performance indicators including ESG, O&O, and supplier relationship commitment. The major focus of this study is on the monetary aspect of globalisation, which is best captured by the following indicators: the economic globalisation index, the dependence of a nation’s GDP on FDI, and the inflow and outflow of foreign direct investment (FDI). Many people think that a country’s GDP can be significantly boosted by attracting foreign direct investment (FDI). This theory is being tested by looking at the correlation between foreign direct investment and the GDP development of Asian nations. The computed correlation coefficient did not show any statistically significant association with the rates of increase of either GDP or FDI.