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I even developed a strong position towards an idea about various advantages that the organisations can reap in order to maintain their dominant business position with the successful development of Supply Chain Management (SCM) procedure. I have even elaborated various needs of modernisation within the conventional procedure of supply chain to promote innovativeness amid individuals, so that organisations are able to enhance their competitive advantages in the global domain. Critical review of the innovative practices inculcated in the SCM procedure has also been quite useful in conducting an in-depth analysis of the subject matter.
While working with my first essay, I developed an inductive analysis of aspects related with the development of logistics. However, while formulating the essay, I identified that there are certain issues to be addressed but seemed challenging as per my abilities. I was also less confident when preparing the first essay as compared to my degree of confidence in the second essay. However, with adequate support, I believe to have justified the topic successfully. While conducting an in depth research, on the different approaches of logistics and its scope of innovativeness, I learnt about certain new concepts that I was further able to relate with the development of the overall SCM procedure.
One of those concepts was the ‘supply base localisation’ theme, which was based on the notion of developing local value chains in relation to international supply chain. With the motive to provide an insight on the various concepts that are related with the innovative approaches of SCM as well as logistics, I could develop a clear understanding of the various needs of SCM in the local level. This essay was illustrated based on the concepts that I have reviewed in my first essay and was a clear addition to the innovative index that has been focused while formulating the initial one.
Essay 2 has detailed
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