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Supply Chain - Essay Example

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Supply Chain

Supply Chain

The role of international supply chain management is significant amongst organizations in the present scenario. Increased globalization is the major reason behind such form of supply chain management. It can be stated that this form of trend has given birth to increasing sourcing through cross-border activities (Farmer and Jessop, 2008). On the other hand global supply chain even enables firm to acquire certain parts of the value chain offered by low cost providers. This increasing rate of global operations has even enabled global coordination amongst firms. In present decade it is observed that many larger organizations work in collaboration with SMEs due to the support provided by such international supply chain activities (Lysons and Farrington, 2005). The framework of international supply chain management has been beneficial for larger and mid-sized organizations and even for manufacturers as they are able to develop larger lot sizes, better environments and much lower tax rates for their product line. Amongst organizations this framework plays an active role by not only storing large base of resources but even through effective customer service management, management of manufacturing flow, product commercialization and development, maintaining supplier relationship, handling returns and successfully fulfilling placed orders ...Show more

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International supply chain management can be stated as effective management of goods flow in global context. There are various factors which are encompassed in this concept such as raw materials storage, storage of finished goods and those work-in-process inventories. …
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Supply Chain essay example
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