Preview

The Supply Chain of the Next Decade ---a Study on the Context of Global Supply Chain

Powerful Essays
Open Document
Open Document
5786 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The Supply Chain of the Next Decade ---a Study on the Context of Global Supply Chain
The Supply Chain of the Next Decade

---A Study on the Context of Global Supply Chain

[pic]

National University of Singapore

Industrial and System Engineering

Group Leader: Zhang Juzheng

Group Members: Gu Shimin

Jiang Tao

Lin Qian

Research Objective

This research examines the current context of supply chain in terms of macroeconomic context, sustainability of supply chain, financial support, and the trend of simplifying supply chain. Based on the current situation, this research aims to explore opportunities that may arise in the next decade leading to 2020 for improvement on supply chain.

Methodology

1) Case study on companies that adapt to the context change in past decade and achieve effective supply chain management. This research makes study on Apple, the global leading company and Ta-Q-Bin, a Japanese delivery services provider, which is dominant in Japan market, and successful in Asia.

2) SWOT analysis in evaluating the strengths, weaknesses/limitations, opportunities and threats of business strategies catering to context change in the next decade.

Part I Identify main changes and trend drivers for future global supply chain

Shifting of economic power- In the next decade new economic powers like China and India will continue to rise. New trade areas will evolve and a new generation of globally competitive companies from developing markets will emerge, helping to further solidify their position in the global marketplace.

The global manufacturing and sourcing landscape will change, as more multinational companies will be
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Powerful Essays

    Conducting A SWOTT Analysis: Banner Churchill Community Hospital
    • 1624 Words
    • 7 Pages

    Conducting A SWOTT Analysis: Banner Churchill Community Hospital

    Before any organization begins working with the formulation of strategies, the firm must scan the external and internal environments to assess the opportunities, threats, weaknesses, and strength. The scanning performed is known as a SWOT analysis and when perform properly it can show the organization areas needing improvement that were not known. Strategic managers need to look at the forces that influence the long-term decisions and these are the economic forces, technological forces, political-legal forces, and sociocultural forces (Hunger and Wheelen, 2011).…

    • 1624 Words
    • 7 Pages
    Powerful Essays
    Read More
  • Good Essays

    Res 320
    • 926 Words
    • 3 Pages

    Res 320

    In today’s global market that is changing rapidly companies need to keep up with demand and market strategies to stay competitive. Businesses need to develop a process that allows them to operate at lower costs, and develop its own identity to distinguish it from other competitors. Supply Chain Management (SCM) has become an intricate part of the company operations allowing them to rethink how to reorganize their operation so they can focus on the core competencies of the company. SCM focus is to improve the way a company uses its resources such as raw materials and how it is delivered to its customers. Any product offered by a company, there are normally a number of business partners involved in the supply chain, including the manufacturers, wholesalers, distributors and retailers and the most important partner in this…

    • 926 Words
    • 3 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Jamba Juice
    • 395 Words
    • 2 Pages

    Jamba Juice

    SWOT Analysis is a basic model that assesses the business environment of an individual firm. This tool identifies the strengths, weaknesses, opportunities and threats of an organization. An overview of the four factors in this case study is given below…

    • 395 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    SCM401TRsp2015 1

    • 4526 Words
    • 18 Pages

    SCM401TRsp2015 1

    Fierce competition in today’s global markets, the introduction of short life cycle products, and the heightened customers expectations have forced the business enterprises to invest in, and focus attention on, their supply chains like never before. In industry after industry supply chains have been radically transformed over the last ten years. Initially the enablers for change were fast and cheap computer processing power along with standardized data communication. Recently the combination of enterprise information infrastructure and internet has paved the way for a variety of supply chain optimization technologies. In line with these developments, this course focuses on management and improvement of supply chain processes. The primary objectives of the course are:…

    • 4526 Words
    • 18 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    What Are the Risks of an Extended Supply Chain?
    • 466 Words
    • 2 Pages

    What Are the Risks of an Extended Supply Chain?

    In order to remain competitive, a company must offer superior quality goods or services at the lowest prices possible. Supply chain enables a company to reduce the cost while increasing the efficiency. However, there are risks that are associated with such benefits. These issues should be properly addressed when a company is trying to rely heavily on supply chain management in order to stay competitive within its industry.…

    • 466 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Environmental Analysis of Target Corporation
    • 1181 Words
    • 6 Pages

    Environmental Analysis of Target Corporation

    The SWOT analysis is “a historically popular technique through which managers create a quick overview of a company’s strategic situation (Pearce and Robinson, 2011, p. 140).” The SWOT analysis supplies Target with a strategic planning method in order to gauge all the strengths and weaknesses of the company as well as what opportunities are available to the company, and any threats that may arise when operating the company. SWOT allows Target to detect key issues within the environment. This method is essential for Target, because it offers succeeding stepladders in the course of development for achievement of certain objectives.…

    • 1181 Words
    • 6 Pages
    Good Essays
    Read More
  • Powerful Essays

    Operations Management
    • 2215 Words
    • 9 Pages

    Operations Management

    Supply chain management is the coordination of the processes and functions within a business, adopted by most companies in the UK in the late 1990’s. It deals with the internal and external factors that, when dealt with correctly and systematically, can determine a businesses success or failure. A supply chain is the network of activities that delivers a finished product service to the customer. By definition, supply chain management (SCM) is “the management of the flows of materials from suppliers to customers in order to reduce overall cost and increase responsiveness to the customers” (Reid & Sanders). SCM entails the co-ordination of the movement of good through the supply chain from suppliers to manufacturers to distributors to the final customer. The main aim of SCM is to maximise the efficiency of any given process being carried out by a company; by doing this it is allowing them to try to cut their costs and hopefully keep satisfying their customers’ needs, while at the same time maintaining their competitive position within their market. Supply chain management is seen as more of an “open system” in contrast to the traditional system used by the majority of companies just 20 years ago. The new “open system” allows room for change which is greatly needed with the current financial instability of the economy.…

    • 2215 Words
    • 9 Pages
    Powerful Essays
    Read More
  • Better Essays

    Week 2 Assignment
    • 1405 Words
    • 6 Pages

    Week 2 Assignment

    Collins Dictionary of Business defines SWOT analysis as “a framework for identifying the internal strengths (S) and weaknesses (W) of a firm, and the external opportunities (O) open to it and the threats (T) it faces, which can be used by corporate planners in formulating the firm’s competitive strategy and marketing strategy in individual product markets and its overall business strategy” (2006). Through knowing the general definition of SWOT analysis, we can begin to break down the pieces of SWOT analysis by the internal and external factors.…

    • 1405 Words
    • 6 Pages
    Better Essays
    Read More
  • Better Essays

    Creating a Sustainable Supply Chain
    • 959 Words
    • 4 Pages

    Creating a Sustainable Supply Chain

    There are numerous definitions of the terms ‘Sustainable’ and ‘Supply Chain’. For the simplistic but practical definition is “Management of raw materials and services from suppliers to manufacturer/ service provider to customer and back with improvement of the social and environmental impacts explicitly considered”. The supply chain considers the interactions between a business and its customers and suppliers. The greatest benefits are derived by extending the focus as far as possible upstream towards the raw materials, downstream towards the consumer and then back again as the product and wastes are recycled. Sustainable supply chains are among the biggest responsible business challenges. Accomplishing sustainable supply chain improvement is of the highest urgency in today’s highly competitive world, and perhaps be even more so in the future. In today’s world, supply chains are flawed. They create waste and pollution and are threatening the existence of life on earth. As the population of the world increases and resource availability decreases, companies are starting to realize that supply chains must be re-designed. The supply chains need to be closed-looped, environmentally friendly and conserve and use as little resources as possible. The future of supply chain management is sustainability. Anyone should care about creating sustainable excellence because many supply chain improvement projects do not live up to their promise or produce only short term results. For example, a recent survey of manufacturing companies found that less than 15% of supply chain software applications were successfully implemented. For over twenty years, we have been supporting supply chain executives as they have attempted to improve the performance of their operations. There is some way to implementing sustainable supply chain.…

    • 959 Words
    • 4 Pages
    Better Essays
    Read More
  • Powerful Essays

    Hewden SWOT Analysis
    • 1557 Words
    • 6 Pages

    Hewden SWOT Analysis

    This case study is an attempt to analyse the internal (strengths and weaknesses) and external (opportunities and threats) factors affecting the company’s strategic planning. It is also an attempt to use SWOT analysis in order to provide helpful suggestions and recommendations which will maintain a market leading future and improve its operation.…

    • 1557 Words
    • 6 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Swots: Strategic Management and Swot Analysis
    • 10111 Words
    • 41 Pages

    Swots: Strategic Management and Swot Analysis

    [54] Glaister and Falshaw (1999) agree SWOT analysis is one of the most respected and prevalent tools of strategic planning. [39] Dickson (2002) agrees the traditional SWOT analysis can be re-conceptualized in terms of the direction and momentum where the market can still be changed. This provides insight into teaching marketing strategy and competitive rationality skills. [188] Valentin (2001) advocates SWOT analysis as the traditional means for searching for insights into ways of crafting and maintaining a profitable fit between a commercial venture and its environment. SWOT is used to identify cultural impediments and advantages and external governmental roles as well as internal company issues. [54] Glaister and Falshaw (1999) found SWOT analysis one of the…

    • 10111 Words
    • 41 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Abb Case
    • 3134 Words
    • 13 Pages

    Abb Case

    To give a more penetrating view of the context we may apply the SWOT analysis theory to the case. SWOT analysis enables to identify Strengths, Weaknesses, Opportunities and Threats that a company should manage during its business activity.…

    • 3134 Words
    • 13 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Swot Analysis Beyond the Textbook
    • 849 Words
    • 4 Pages

    Swot Analysis Beyond the Textbook

    When conducting strategic planning for any company - online and/or offline - it is useful to complete an analysis that takes into account not only your own business, but your competitor's activities and current industry happenings as well. A SWOT analysis is one such analysis. SWOT stands for strengths, weaknesses, opportunities, and threats. Completing a SWOT analysis helps you identify ways to minimize the affect of weaknesses in your business while maximizing your strengths. Ideally, you will match your strengths against market opportunities that result from voids in your competitors' products and/or services. Traditionally, a SWOT confines strengths and weaknesses to your company's internal workings while opportunities and threats refer only to the external environment. Here, I suggest a twist to the "text book" approach. To get a better look at the big picture, consider both internal *and* external forces when uncovering opportunities and threats.…

    • 849 Words
    • 4 Pages
    Powerful Essays
    Read More
  • Good Essays

    Global Supply Chain Trends 2010 - 2012
    • 1034 Words
    • 5 Pages

    Global Supply Chain Trends 2010 - 2012

    The document argues that most companies are optimistic on the economic raise in the next few years; however, they are deprived of capabilities to meet the increasing demand. It enumerates the challenges that supply chains will have to overcome to gain from an improving economy. These include;- the volatility and uncertainty of supply chains, truly global supplier networks, regionally cost optimized supply chain configurations, risk management and integration and empowerment of existing supply chain organizations.…

    • 1034 Words
    • 5 Pages
    Good Essays
    Read More
  • Powerful Essays

    India a Global Economic Super Power
    • 2200 Words
    • 9 Pages

    India a Global Economic Super Power

    New parts of the world that were not long ago considered undeveloped, backwater countries, are now taking center stage in the global economy. Much has been publicized about the ascendance of China's economy, as it has become a major venue for the manufacturing of products sought after by worldwide consumers eager for cheaper goods. However, China's Asian neighbor, India, also has a vigorously growing economy. India's economy is partly being fueled by companies around the world seeking to reduce their costs by outsourcing some of their operations there.…

    • 2200 Words
    • 9 Pages
    Powerful Essays
    Read More

Related Topics