Global supply chain issues, Operation Management

Assignment Help:

Global Supply Chain Issues 

Global supply chains bring problems of their own. As companies begin to apply organisational efficiencies achieved in their home markets to overseas markets, they encounter difficulties. Here are a few issues to consider:

  • Dealing with global trade agreements (World Trade Organisation)
  • Computer hardware interfaces and data communications
  • Transfer of capital along the supply chain
  • Gathering accurate financial data
  • Legal trade restrictions which vary from country to country
  • Need for flexibility in supply and inventory levels to accommodate variability of distribution efficiency
  • Need for specialist staff to move along the supply chain to ensure difficulties of handling duties; freight; customs; legal requirements are managed
  • If companies operate with global markets and global supplies, there is a need to have a centralised procurement function that operates strategically (strategic procurement). Only centralised decision making can cope with complex data handling and the decisions necessary to optimise overall supply chain performance
  • Markets for electronic products like PC's, mobile phones and games have shown not only significant reductions in product value (falls of 25 per cent in a single quarter have been common) but variability of demand
  • Variability of demand has shown to be difficult for extended or multi-echelon supply chains to manage.

 

Supply chain versus supply chain 

'The battle taking place in today's market is no longer company against company,' says Lou Unkeles, senior director of applications marketing at Oracle. 'What we're seeing now is supply chain competing against supply chain.'


Related Discussions:- Global supply chain issues

Explain type of investigation, William Rich is an extremely wealthy entrepr...

William Rich is an extremely wealthy entrepreneur who has owned several businesses. William sold some of the businesses while others failed and ended up in bankruptcy. Most recentl

Comparison of market based and resource-based approach, Comparison of Marke...

Comparison of Market Based and Resource-Based Approach to Operations Strategy Since Porter's assertions, there has been a recognition that traditional strategic management has

Explain what is the multifactor productivity, David Upton is president of U...

David Upton is president of Upton Manufacturing, a producer of Go-Kart tires. Upton makes 1,000 tires per day with the following resources: Labor: 400 hours per day @ $12.50 per ho

Describe difference between two population means, If a manager wishes to de...

If a manager wishes to develop a confidence interval estimate for estimating the difference between two population means, an increase in the size of the samples used will result in

Explain statistical process control, Which one of the following is NOT one ...

Which one of the following is NOT one of the basic elements of the strategic management process A. Strategy formulation B. Strategy implementation C. Statistical process control D.

Compute the average number of customers waiting at lhs, During busy periods...

During busy periods, a new customer walks into LHS every 15 mins. (with a standard deviation of 15 mins). At SHC, a customer walks in every hour (with a standard deviation of 1 hou

Explain manager of a production department, Suppose that you are the manage...

Suppose that you are the manager of a production department that uses 400 boxes of rivets per year. The supplier quotes you a price of $8.50 per box for an order size of 199 boxes

Explain all four geographic markets during years, The market for branded at...

The market for branded athletic footwear is projected to grow a 7-9% annually worldwide during the Year 11-Year 20 period. b 9-11% annually in Latin America and the Asia-Paci

Calculation, monthly production time for tep.

monthly production time for tep.

Compute a regression line and forecast the demand, The number of heart surg...

The number of heart surgeries performed at Heartville General Hospital has increased steadily over the past several years. Use the data below to calculate a regression line and for

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd