Home / Projects/Reports / Role of Supply Chain Management in International Business

Role of Supply Chain Management in International Business

Role of Supply Chain Management in International Business – Summary

This paper has included role of supply chain management in international business. Supply chain management is the process of managing movement of raw material in the organization.  Supply chain practices are not only Role of Supply Chain Management in International Businessimportant in local businesses but also in global businesses. Role of supply chain in global businesses is more crucial. This is the reason why this topic has selected. Global businesses are now facing many issues related to the management of supply chain. These issues are profitability, cost, personalization etc. Supply chain issues in global perspective should be controlled for better performance of businesses at global level. Supply chain can provide role of competitive advantage in the organization.

By effectively managing supply chain, operations efficiency and profitability can be improved. Functions of supply chain in global businesses include inventory management, distribution management, financial management, channel management, transportation management etc. Global businesses can achieve strategic fit in supply chain management by effectively managing all these areas. Planning and sourcing is one of important phase in supply chain management. Other phases in supply chain management include making as well as delivering. Lean and agile supply chain can be sued by companies in order to make their supply chain more efficient and effective (Kouvelis, Dong, Boyabatli, & Li, 2011).

Combination of agile and lean supply chain can also be used that is called hybrid supply chain. It can resolve supply chain issues in global businesses. Information technology is also playing important role in managing supply chain effectively. One of important advantage that can be achieved by eliminating challenges is cost benefits. International businesses can take benefits from supply chain management and enjoy comparative advantage as well (Sodhi, Son, & Tang, 2011).

Function of supply chain management

  • Inventory management
  • Channel management
  • Distribution management
  • Supplier management
  • payment management
  • Channel management
  • Transportation management

Supply chain performance drivers

  • Facilities
  • Inventory
  • Transportation
  • Information
  • Sourcing
  • Pricing

Challenges in global supply chain

  • Profitability
  • Cost
  • Personalization

You may also study:

Supply Chain Management Project Report

Boeing Strategic Supply Chain Management Project Report

Zalora Supply Chain Operations Management Project

References:
  • Cai, S., Jun, M., & Yang, Z. (2010). Implementing supply chain information integration in China: The role of institutional forces and trust. Journal of Operations Management , 257–268.
  • Chen, C.-C., Shih, H.-S., Shyur, H.-J., & Wu, K.-S. (2012). A business strategy selection of green supply chain management via an analytic network process. Computers & Mathematics with Applications , 64 (8), 2544–2557.
  • Christiansen, B. (2015). Handbook of Research on Global Supply Chain Management. IGI Global.
  • Christopher, M., & Holweg, M. (2011). Supply Chain 2.0”: managing supply chains in the era of turbulence. International Journal of Physical Distribution & Logistics Management , 41 (1), 63-82.
  • Coyle, J. J., Novack, R. A., Gibson, B., & Bard, E. J. (2010). Transportation: A Supply Chain Perspective. Cengage Learning.
  • Eltayeba, T. K., Zailani, S., & Ramayah, T. (2010). Green supply chain initiatives among certified companies in Malaysia and environmental sustainability: Investigating the outcomes. Resources, Conservation and Recycling , 1-12.
  • Kouvelis, P., Dong, L., Boyabatli, O., & Li, R. (2011). Handbook of Integrated Risk Management in Global Supply Chains. John Wiley & Sons.
  • Li, L. (2013). Technology designed to combat fakes in the global supply chain. Business Horizons , 56 (2), 167–177.
  • Marucheck, A., Greis, N., Mena, C., & Cai, L. (2011). Product safety and security in the global supply chain:Issues, challenges and research opportunities. Journal of Operations Management , 29 (7-8), 707–720.
  • Monczka, R. M., Handfield, R. B., Giunipero, L. C., & Patterson, J. L. (2015). Purchasing and Supply Chain Management. Cengage Learning.
  • Sodhi, M. S., Son, B.-G., & Tang, C. S. (2011). Researchers’ Perspectives on Supply Chain Risk Management. Researchgate , 1-39.
  • Stock, J. R., Boyer, S. L., & Harmon, T. (2010). Research opportunities in supply chain management. J. of the Acad. Mark. Sci , 32-41.
  • Sundarakani, B., Souza, R. d., Goh, M., Wagner, S. M., & Manikandan, S. (2010). Modeling carbon footprints across the supply chain. Int. J. Production Economics , 43–50.
  • Walker, H., & Jones, N. (2012). Sustainable supply chain management across the UK private sector. Supply Chain Management: An International Journal , 17 (1), 15–28.
  • Wisner, J. D., Tan, K.-C., & Leong, G. K. (2014). Principles of Supply Chain Management: A Balanced Approach. Cengage Learning.

Leave a Reply

Your email address will not be published. Required fields are marked *