Global Supply Chain College Essays Samples For Students

Introduction

A global supply chain is composed of processes, interrelated entities, and resources that make and deliver products and services to customers across many countries (Drake, 2012). Due to globalization and increase in international trade, companies are operating and sourcing products and services in many countries. There has been a rise in multinational companies with plants or stores in different countries. This underscores the need for global supply chains to enhance the operations of these companies. Some companies use global supply chains to source for products.

Benefits of global supply chains

Global supply chains enable a company to compete all over the world. A company ...

Global supply chain is a system of managing the process of transferring a product from the supplier to the customer. This process involves a lot of aspects, and all of them have to be followed in order to deliver goods in pursuance of law. Some of them are currency and political stability, environmental and labor laws. A great impact to the supply chain is made by security and transportation cost, as abidance by worldwide-accepted rules can improve the whole company from economic and social sides.
The management of supply chain depends on the rise of globalization; it evolves according ...

Global Supply Chain is the network creation among companies worldwide, handling, distribution of particular goods and services and production (Skjott-Larsen, 2007). Global Supply Chain has some of its advantages and disadvantages as illustrated below.

Benefits and disadvantages of Global Supply Chain.

1. Global supply is extremely competitive, and there products of excellent quality with good prices will be available in the market without one searching worldwide. This because the product of required standard quality controls can be sourced quickly and efficiently. This advantage is never guaranteed because the easier access to a lot of the information for the product, Product review by customers’ means less control ...

The idea of collaboration between nations is a difficult one to ponder; there are often too many rifts in religion, society and notions of expansion to make peaceful relations easy. However, scholars throughout history have attempted to find ways to secure that magic formula for allowing countries to interact peacefully with one another; many of these theories have overly optimistic views on how nations and peaceful diplomacy works, while some attempt to find realistic common ground between two or more sets of people. Madeleine Albright's perspective on diplomacy rests on finding common ground through religion and faith. Conversely, Thomas Friedman ...

IKEA Analysis

IKEA’s vision is to create a better everyday life for many people. Providing quality and affordable furniture to all social status of people is the main goal of IKEA.

Linkage of vision/mission and goals to company/organization’s global supply chain operations

a) The linkage between IKEA’s vision and mission to its global operation chains can be rated as very high. IKEA has managed to improve the quality of its products maintaining the price at a constant, thereby, ensuring that many people are able to afford the product, thus, creating a better everyday life for many people.
b) IKEA has a compliance function team of five managers whose primary responsibilities ...

The Rise of Modern Logistics

Third Party Logistic Companies (3PL Companies) has served as an important link of businesses worldwide. Modern 3PL Companies can be traced back to Malcolm McLean, an American trucker, who was the first to conceptualize and put into practice the modern intermodal container. Being an owner of a small trucking firm, McLean has a first-hand experience with logistics. Accordingly, he observed that he had to wait for days before their cargo gets loaded and his trucks have to spend more time in the port than they are on the road. Similarly, the cargo ships are also experiencing the same predicament. Before the ...

Supply chain management (SCM) is continuous developing, planning, informing, controlling, and monitoring of events within and between supply chain links in order that an integrated supply process results that by and large meets strategic goals. Alternatively, Supply Chain Management is the method of deliberately managing the progress and storage of materials, parts and completed product from supplies, through the mechanized procedure and on to customers or end user, as well as the related information flows (Yeo and Ning, 2002:256).
The world has become a global village; this means that one can get any product from whatever part of the ...

Module 11 Discussion

Summary

According to Friedman (2006), ‘The World is Flat’ Means ‘the Global competitive playing field is being leveled’ It is now possible for more people than ever to collaborate and compete in real time with more other people on more different kinds of work from more different corners of the planet and on an equal footing than at any previous time in the history of the world’ (p. 8). In chapter 12, he uses an example of Dell and how it deals with suppliers in many parts of the country. Dell has stores in many countries in world wide. ...

In this paper, I will critically review what I studied in this module and comment on different learning experiences I had. This critical reflection of my learning experiences can assist me to identify the learning experience(s) that will have great influence on my future as well. I will also try to figure out how my preconceptions, thoughts, and expectations about operations and logistics management were changed during this module.
I strongly believe that individual assignments and shared activities in this module changed my preconceptions, thoughts, and expectations about operations and logistics management notably. Previously, I was not much ...

English

International business strategy
Among the key decisions regarding the strategy and organization of businesses operating internationally is from where and who to make purchases of the materials, goods and services that are needed for their operations. The first issue that is involved in this decisional process is the level of internationalization of the business supply source, the chief alternative being regional or global sourcing, once suppliers provide products or services to divisions located in a specific region or all over the world, and sourcing locally when suppliers provide goods and services exclusively to a lone subsidiary (Steven, 1995; and Fagan ...

Introduction

Every business takes inputs from the society and processes them into outputs for members of the society. The supply chain “is a set of entities that are involved in the upstream and downstream flows of products, services, finances and/or information from a source to a customer”. Supply chain management is the management across and within the network of upstream and downstream organisations of both relationships and flow of material, information and resources.
The purpose of this paper is to critically analyse the supply chain systems of various companies in order to draw conclusions on how they operate. In order ...

International Business and Global Logistics

International Business and Global Logistics

Introduction

Undeniably, the main objective of any business organization is to grow in terms of profitability and market. The high market competition that most organizations face tends to impede the realization of their objectives. Thus, companies adopt different strategies to aid their survival in the markets. Pricing and marketing strategies are the major approaches that most companies use to gain a competitive advantage over their rivals (Dessler & Phillips, 2007). Multinational companies face competition both at domestic and the world markets. Thus, they consider implementing various strategies to enhance their market positions. Besides pricing and marketing ...

There is no service or manufacturing organization that can work alone or in isolation. It always needs suppliers and a supply chain in order to function in an effectual manner. Nowadays, realties as well as trends that are prevailing in the global economy are compelling the organizations to ensure management of supply chain as an essential element of business strategy. In recent years, most organization have started relying on external supply sources, by using outsourcing in order to reduce the cost, and utilize major competencies. Supply chain perspective of operations management has become important because of the role that ...

Negotiated Risk Analysis

There are various risks involved in the logistic industry as there are various parties involved. This results in the management of International Logistics to implement the proper risk distribution and negotiation so as to reduce the risks the company would have faced and distribute it to its various stakeholders.

Global Supply Chain Forum

In order for International logistics to distribute its risks effectively and reduce its risks, it resulted to the implementation of the Global Supply Chain Forum (GSCF) model. The firm wants to implement the model on a trial basis but there are pressures to make it a long-term project. Following the long-term orientation ...

Abstract

Problems in United States and other countries have an effect on the performance of business operations. These problems represent the general economic trends and factors that have an influence on businesses. General economic trends play a vital role in forecasting sales for businesses. The overall economic health, income levels and safety concern are critical factors that affect the extent of a business performance. These factors include inflation, efficient inventory control, interest rates, cooking the books, unemployment rates, consumer confidence intervals, shifting revenues and expenses and social political environment among others. Increased consumption levels and efficient inventory control systems as evidenced in ...

Bill Gates's foundation

Bill Gates’s Foundation was launched in 1995 with an aim of funding health initiatives globally. Currently is is rats as the largest charitable foundation in terms of funding. Have an active role in the fund is the best way. I believe that many foundations are not directly forced by the sponsors. Bill Gates’s foundation is not only offering technological support to the foundation but also getting a full time role is significant. Focusing on charity enables the Microsoft founder to tackle the issues of negative publicity that he isn't giving out to charity. The foundation becomes a key social ...