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 development of organizational policies, In what way does a person's...

In what way does a person's value system impact the development of organizational policies? Please limit your answer in just in four paragraphs.

Explain characterize the bacterial and bacterial-like, Characterize the bac...

Characterize the bacterial and bacterial-like STIs, focusing on infectious agents and manifestations

Explain compensation plan, Do you believe a compensation plan based 100% on...

Do you believe a compensation plan based 100% on commission would ever be justified? Give an example for either option.

Explain product life cycle, How does a product life cycle differ from a pro...

How does a product life cycle differ from a product life cycle?

Explain marketing infant formula in a developing country, Under what circum...

Under what circumstances, if any, would a firm be justified in marketing infant formula in a developing country?

What is the number of orders per year if the manager uses, A flower shop us...

A flower shop uses 800 clay pots a month. The pots are purchased at $2 each. Annual carrying costs are estimated at $0.60 per pot per year and ordering costs are $20 per order. The

Explain downward communication, Explain Downward communication. Downwa...

Explain Downward communication. Downward communication: It moves downward in an organisation. The formal communication in between a subordinate and superior where the superio

Explain veronique to improve the process, What suggestions would you make t...

What suggestions would you make to Veronique to improve the process?

Presume semi-annual coupon payments, What is the yield to maturity of a 16-...

What is the yield to maturity of a 16-year bond that pays a coupon rate of 8% per year, has a $1,000 par value, and is currently priced at $916? Round your answer to the nearest wh

Explain should you raise or lower price, If elasticity is -2, price is $10,...

If elasticity is -2, price is $10, and marginal cost is $8, should you raise or lower price?

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