The paper "Global Supply Chain Management " is a great example of a management essay. Global supply chain management is viewed as an emergent field and as an emerging academic domain. Hence, the main purpose of this research is to point out the future trends in Global SCM. Supply chain management is more about influencing behavior in particular ways and directions. Most successful organizations owe their success to effective supply chain management. These processes tend to focus more on the way goods and information flow from the source through the distribution channels put to when they reach the consumer and beyond to disposal and recycling.
Organizations compete by working with international suppliers, marketing, and outsourcing. This global reality continues to place a greater level of importance to supply chain management. The global SCM focuses more on conducting business in a global scene. Thus, the primary objective of this research is to: Outline the future trends in global SCM Outline how the supply chain has evolved over the decade and why and Explain supply chain strategies prepare the industry for future challenges from the theoretical, policy and practical perspectives The paper is structured in four major parts.
The first summarizes the future trends in global SCM; the second explains how the supply chain strategies have evolved over the last decade and why, while the third section discusses how the strategies prepare the industry for future challenges from the theoretical, policy and practical perspectives; and the fourth section is the conclusion which discusses the current status, limitations of the study and future directions. Future trends in global SCM strategy An adequate understanding of the global SCM trends seems to be a formidable foundation for future investments of organizations that are aiming at benefiting from being the first mover.
In the current business world, for business to be successful, they need to manage the entire supply chain. Global companies are aware of the fact that non-integrated distribution processes, manufacturing processes, poor relations with customers and suppliers are inadequate to their success.
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