We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Globalization impact on supply chain - Essay Example

Comments (0) Cite this document
Globalization impact on Supply Chains Contents Globalization impact on Supply Chains 1 Introduction 3 Analysis of the globalization practice 3 Major benefits of the practice 5 Major risks of the globalization practice 7 Key issues to consider for designing and implementing the practice 8 Case study of a manufacturing organization 9 Link to the issues discussed 11 Analysis of barriers to implementation 11 Conclusion 12 References 14 Introduction Globalization has a critical impact on the way the business is done today…
Download full paperFile format: .doc, available for editing
Polish This Essay95.4% of users find it useful
Globalization impact on supply chain
Read TextPreview

Extract of sample
"Globalization impact on supply chain"

Download file to see previous pages The supply chain has also seen the impact of globalization on its management, and the globalization practice can be seen in various companies that have global operations and market places (Monczka et al 2010). The essay analyses the globalization practice with discussion on its key elements related to the supply chain management. Furthermore, there is discussion of major benefits as well as risks associated with the globalization practice in the supply chain management so that the issues associated with the practice in the companies can be analyzed. This is analyzed with the help of the case study of a manufacturing organization with barriers on implementation of the globalization practice. Analysis of the globalization practice The forces and practice of globalization are changing the supply chain. The supply chains are becoming disintegrated. Product designers, marketers and manufacturers are widespread over various continents with organizations that have different languages, cultures as well as different business objectives. The key elements of the globalization practice in supply chain management are integrated supply chain, maintenance of flexibility, balancing of risks and rewards, and clear understanding of the global marketplace and management of costs and complexities (Kersten 2011). It is necessary to understand the global landscape and companies should also have a proper plan in place for the recognition of how to capture the opportunities present in the new market. Maintenance of flexibility is another key element in the globalization practice and the supply chains that are global in nature have to remain flexible enough so that they can quickly shift to the new identified opportunities and grab them quickly (Creating the Optimal Supply Chain 2012). The principles of the supply chain are basic, but the execution of globalization practice in the supply chain is different and complex as under this practice, the company has to navigate through the complexities of the global supply chain in the areas such as sourcing, manufacturing and the process of delivering across different parts of the world (Mangan et al 2008). Managing component costs and logistics costs is another key element of the globalization practice in supply chain management. Component costs include costs related to raw material, energy, facility, labour, overhead, and productivity. Logistics costs include transportation, warehousing, administration, packaging and inventory (The Faculty of Thunderbird and The American Graduate School of International Management 2000). The impact of globalization on supply chain is vast. It has made supply chains to become more efficient and has helped the companies to create competitive advantage with creation of strong infrastructure. The impact of globalization practice is such that competitors from different areas around the world are competing against the established market leaders that have a depth of resources, deep customer loyalty and known brands. This has happened because of the flexibility in the supply chai ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Globalization impact on supply chain Essay Example | Topics and Well Written Essays - 3000 words”, n.d.)
Globalization impact on supply chain Essay Example | Topics and Well Written Essays - 3000 words. Retrieved from https://studentshare.org/management/1403133-impact-of-globalisation-in-the-supply-chain
(Globalization Impact on Supply Chain Essay Example | Topics and Well Written Essays - 3000 Words)
Globalization Impact on Supply Chain Essay Example | Topics and Well Written Essays - 3000 Words. https://studentshare.org/management/1403133-impact-of-globalisation-in-the-supply-chain.
“Globalization Impact on Supply Chain Essay Example | Topics and Well Written Essays - 3000 Words”, n.d. https://studentshare.org/management/1403133-impact-of-globalisation-in-the-supply-chain.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Supply Chain Risk Management
The supply chain and logistics risks to an industry have attained greater importance because of globalization of business functions. It has become very arduous to minimize costs and increase performance levels without the support of distinct resources for benefitting from improved supply chain management.
15 Pages(3750 words)Essay
Apple Supply Chain
Particularly, with the increase on globalization, supply chain has taken a new direction as organizations all over the world are seeking to outsource to developing countries where the cost of production is low. Fortune’s Best companies such as Wal-Mart, Porsche, Dell and also Apple have outsourced their supply chain management to Asian countries including China.
6 Pages(1500 words)Essay
How Global Value Chains May Have an Impact on an Organization's Supply Chain Design and Corporate Alignment
It comprises actions such as planning, manufacturing, marketing, selling, distributing and supporting to the customers. In present days, the global value chain has become quite ubiquitous for organizations which perform their business operations internationally.
3 Pages(750 words)Essay
Supply Chain Management and Outsourcing
Supply Chain Management and Outsourcing. In the contemporary market and business world, various pressure factors influence companies, therefore, responsible for shaping and defining the operations and functions of most of them. The level of globalization today is high, compared to the pat, as science and technology, including world communication systems keeps advancing at a high rate (Wisma, 2008).
9 Pages(2250 words)Essay
Supply Chain Assignment
The recent trends in SCM attest to the revolution SCM has undergone in the past decade and the rise in the number of organisations seeking to improve their performance and ensuring success (Robert, Ernest 2002). From a review of numerous literature relevant to study, there exists three types of supply chain.
20 Pages(5000 words)Essay
Supply Chain Integrity
A supply chain would have integrity only if it is capable of meeting defined business goals for efficiency, quality, and economic performance as well as conforms to the varying load of rules and regulations. In this scenario, the negligence of stock and supply is believed to be the most important aspect of an organization’s supply chain that can put in danger the integrity of a supply chain.
8 Pages(2000 words)Essay
Highlight the impact of containerisation on an international supply chain
Its manufacturing operations spans over 37 countries under 11 famous brands like GMC, Chevrolet, Cadillac, Opel, Vauxhall, GMC, Buick and many more (Silicon India, 2013). The company employed close to 324,000 people worldwide and sold over 8.2 million cars and trucks in 2004.
8 Pages(2000 words)Essay
High-Impact Supply Chain Management
One good thing that SCM should concern with when pursuing the goal of collaboration is to having intense concerns on the customers as it say (SCM begins with the customers). When both the manufacturer and supplier would work jointly then they both can charge higher price from the customer, as if they both would be pursuing their own objectives then they could have given more benefit to the customer and not to each other, this technique is also known as vertical integration, in which both the manufacturer, supplier and even retailer work together for each others betterment.
2 Pages(500 words)Essay
Globalization and Production Chain
Globalization is a subject that has been discussed repeatedly on social, political, environmental and economic fronts. It is the myth of the modern corporate structure and is considered to be driving the contemporary business environment in conjunction with technology.
17 Pages(4250 words)Essay
Supply Chain
This approach can be further defined as designing, execution, planning, monitoring and controlling of various supply chain activities. The major objective of international supply chain management is to create value, develop a competitive structure, leveraging logistics across the globe, bringing forth synchronization between demand and supply, and measuring the overall performance globally.
4 Pages(1000 words)Essay
Let us find you another Essay on topic Globalization impact on supply chain for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us