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 reflecting back on our readings about entrepreneursh, Reflecting ba...

Reflecting back on our readings about entrepreneurship in, would you consider someone who buys a franchise to be an entrepreneur?

Develop a competitor profile for your college, Develop a competitor profile...

Develop a competitor profile for your college and for the college geographically closest to yours next prepare a brief strategy strategic plan is to improve the competitive positio

Explain the overall goal is to reduce arbitrary, Seniority can have various...

Seniority can have various provisions, such as bumping rights; but, the overall goal is to reduce arbitrary or discriminatory treatment of employees by using a quantifiable, object

Explain capital expense, Eric Johnson (using data from Problem 1.6) determi...

Eric Johnson (using data from Problem 1.6) determines his costs to be as follows: • Labor: $10 per hour • Resin: $5 per pound • Capital expense: 1% per month of investment • Energy

Define what law either allow or prohibits this behavior, Cecilia is a 14-ye...

Cecilia is a 14-year old freshman at United High School. She works from 2pm to 10pm three days a week. In order to get to work on time she leaves school early missing her last clas

Explain how the market value of the shares, St James Ltd. Has just paid a d...

St James Ltd. Has just paid a dividend of £0.22 per share. The market expects this dividend to grow constantly in each future year at the rate of 7% p.a. The cost of capital for St

Explain compensation, Explain Compensation. Compensation: An employe...

Explain Compensation. Compensation: An employer is not responsible to pay compensation to an employee under the given circumstances/occasions: - (i) While the injury disa

Explain mean flow time, Jane Reed bakes breads and cakes in her home for pa...

Jane Reed bakes breads and cakes in her home for parties and other affairs on a contract basis. Jane has only one oven for baking. One particular Monday morning she finds that she

Explain the ethics of continuing to do business, Assume you are a manager o...

Assume you are a manager of a large heavy equipment manufacturing company. Your company currently outsources the manufacturing of a specialized piece of equipment to a firm in anot

A computerised payroll package, A computerised payroll package is an exampl...

A computerised payroll package is an example of a   Data processing system

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