The paper "Innovative Global Supply Chain and Logistics Methods - the Saudi Arabian Market" is an outstanding example of a management research proposal. The purpose of this study is to explore the various innovative global supply chain management methods and logistic methods that are found in the global supply chain and how they can be applied to the Saudi Arabian market. This study explores the current supply chain and logistics methods used in the Saudi Arabian market and compares them to global methods. This is in turn to be used to make recommendations on those methods that can be deployed in the Saudi Arabian market to spur it to international standards.
The advantages and disadvantages of supply chain and logistics methods used currently in the Saudi Arabian market will be investigated and recommendations made on how to adapt or improve on these methods. The unique nature of the Saudi Arabian supply chain market Saudi Arabia is the Arab world’ s largest economy. There are various business and investment opportunities in Saudi Arabia. In spite of this; the Saudi Arabian market is very competitive and many transactions (business) are based on quality and cost (Davis-Sramek and Brian, 2007).
Foreign investment in Saudi Arabia is stimulated by advanced infrastructure that is continually upgraded. The largest percentage of Saudi Arabia’ s income is spent on the development of infrastructure and boosting economic growth. There are other several factors that stimulate foreign investment in Saudi Arabia. One such factor is the respect for private ownership, free entrepreneurial spirit, and private sector that is energetic. Another contributing factor is the availability of capital, stable exchange rates and the convertibility of foreign hard currencies into Saudi Riyal (Bandyopadhyay, 2005).
The country also has respect for intellectual property rights and thus offers protection to patents, copyrights and trademarks. The country does not have capital movement controls and profit repatriation that attract foreign investors. The banking system in Saudi Arabia is advanced (Å kesson, et al, 2007). The liberal tax system of Saudi Arabia is another contributing factor behind foreign investor attraction.
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