Issues in Supply Chain Management. Business & Marketing Essay (Essay Sample)

OutlineNameCourseDate
* Introduction
* Evolution of global chain supply: The evolution of the supply chain management has been a process that begun in the 1960s. Mangan et al. (2016) notes that supply chain management is the key area for future productivity since the system have been highly fragmented.
* International Supply Chain Management: International Supply Chain management resembles the domestic supply chain management however it has a wider geographic coverage.
* Taxonomy of International Supply Chains: this is the classification of the supply chain models in to various categories (Sutono, 2019).
* Forces Driving Globalization: the forces of Supply chain management that drive globalization include; global cost forces, global market forces, technological forces, and political and economic forces (Sutono, 2019).
* Global Market Forces: the include growth from foreign demand, and f oreign competition in the local markets (Sutono, 2019).
* Technological Forces: they are technological collaborations, global location of R&D, Diffusion of Knowledge (Sutono, 2019).
* Global Cost Forces: cost of unskilled labor, joint venture, price breaks, cost sharing.
* Political and Economic Forces: they include the fluctuations and operations flexibility and government procurement policies (Sutono, 2019).
* 3 Risks of international supply chains and how to address them: some of the major risks attached to the international supply chain are the fluctuation of the exchange rates, the flexibility of the global market, and the speculative nature of the market (Prokop, 2017).