Complex sentence: As the process of globalization continues to create greater international codependence, global supply chains are growing and becoming increasingly more important, thus creating a greater need for a governing system to guide these chains to perform more efficiently.
Split into simpler sentences: As the process of globalization continues to create greater international codependence, global supply chains are growing and becoming increasingly more important. This then creates a greater need for a governing system to guide these chains to perform more efficiently.