As related in Part I of this series (The Year of Content), today’s global enterprises create and globalize massive amounts of content. Most companies do not perform localization of their content in-house. They outsource most or all of it, to all kinds of suppliers. This places an emphasis on the importance of the Globalization Supply Chain, which must deliver correctly and efficiently localized content to the content owner. The structure of the globalization supply chain has evolved over time and continues to do so. It is useful to distinguish three eras: the SLV era, the MLV era and the current Internet era.