Sanshodhan

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Globalization has made changes in the business field across the worldwide. The exponential growth of the universal supply chains (consists of products, suppliers, distribution network and employees) which are international business and production networks, allows most efficient resource allocation of firms than the traditional supply chain. The expansion of information and communication technology ( I C T ) , advancement in international logistics system and the trade fence reduction has contributed towards the implementation of economies via internet or universal supply chains. Resent adversities in the courtiers such as Japan and Thailand depicts that, advancement of universal supply chain not only helps in reducing the risk profile but also statistically enhanc e s the e conomi c vulne rability throughout the globe by superior direct and indirect disaster risks.
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