The world has moved to a green environment where people are encouraged to be considerate of their surrounding including the people around and the natural environment. The business world has picked this…
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Customers on their part have become very sophisticated in that they are so keen to discover how a certain product affects the rest of the world. Any business that engages in sustainable activities has received a lot of favors from the rest of the world through donations and market share. The most important aspect of any business dealing is the nature of the supply chain in which the organization uses to acquire goods and services as well as serve its clients. Sustainability is among the global trends affecting supply chain in the world today. Researchers and scholars believe that for an organization and the entire global market to become sustainable the process must start with individual supply chains (Faisal 517). As a result, related bodies have come up with strategies to help individual organizations and industries to establish sustainability in their supply chains. In this connection, this paper aims at discussing sustainability as one of the emerging global trends in supply chain.
Sustainability houses three key issues including environmental protection, socio-cultural and economic performance. These three must be incorporated in any business endeavor to make it sustainable and healthy to the society. Proponents of sustainability in supply chain see it as a way to improve organizational performance and a way to grow the general economy of the world. In addition, sustainable supply chain aims at mitigating the negative impacts on the environment and society that occur in the supply chain. A supply chain is made up different individuals with different personalities and ethnic background (Miemczyk 484). Social harmony and cultural responsibility must be upheld in the supply chain transactions to ensure that organizations achieve maximum success and that customer satisfaction is achieved. The environment in which a business operates is key to its success. The health of the environment determines the flow of material and
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According to the report the XYZ Company previously manufactured gears and shafts for the transmissions they produced. The current manufacturing process focuses on the gears and shafts as well as they have always produced but the re-organisation will involve the introduction of a significant large number of parts not previously produced at the Birmingham plant.
On the other hand, it is obvious that competent management involves proper planning. In effect, supply chain planning should constitute forecasting, efficient discovery and prioritizing of all essential sources of supply and add value to the product along the supply chain.
At the same time, organizations are becoming responsible for their partners and suppliers’ social and economic performance due to the increased demands as well as strong economic performance. These pressures are coming from a number of sources, which include the community, employees, governments, and socially aware organizations.
Research and practice shows that connecting and informing on supply chain, its management and the distribution of characteristics that dictate management of corporate organizations have greatly contributed to the integration of supply chain and its management.
Walmart is one of the companies that have gained competitive advantage by using procurement strategies. Procurement in a large company can be very cost consuming and complex. This causes some companies like Walmart to outsource procurement instead of development world-class procurement capabilities of their own.
The author states that a business strategy includes several organizational functioning strategies, such as supply chain management strategy, production strategy, marketing strategy, human resource management strategy and financial strategy. These all are equally important for an organization to achieve significant business growth rate.
Especially, the organizations from the aerospace parts or equipment manufacturing industry are likely to take adequate strategic measures while selecting their plant locations in any part of the world (Porter, 2008; Doole & Lowe, 2008).
ich comprises the warehousing and flows into and via the manufacturing process, while distribution comprises the warehousing and flows from the last stage of production point to the customer or end user. There are many definitions but the one given by the Chartered Institute of
So, there is a basic introduction to the topic where a simple knowledge regarding the decision making process has been formulated. An elaborate discussion has been made under the analysis section where the problems of supply chain
The author states that after having assessed the effects of the mobile and wireless technology infiltration across several industries, the transport and logistics markets have stood out as sections that have regularly invested in solutions and equipment that have assisted in enhancing operations in an increasingly wireless world.
8 Pages(2000 words)Research Paper
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