Global Supply Chain Management: Key Features, Functions & How It Works"

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Global Supply Chain
Management

Academy for International Modern Studies (AIMS) aims.education
New Trends in Supply Chain Management - Global Review
The management of a network of
interconnected businesses is involved in
the ultimate provision of services and
product packages.
They are required by end costumer and
it known as supply chain management.

Supply chain management spans all
the work-in-process. They include :
– Inventory
– Movement
– Storage of raw materials
– Finished products from the point
of inception to the point of
expenditure
Supply Chain Management Spans

Increased Global Competition
Increased global competition
has led manufacturers to adopt
global supply chain
management

• Transportation
• Storage activities
• Planning
• Information
• Integration Activities.
• Finance
• Engineering
• Purchasing
• Marketing
• Retailers
• Products
Management
• Wholesalers
• Distributors
• Suppliers for Raw Materials
• Product Manufacturers
Global Supply
Chain
Management
consists of
It Includes
Its Services
are
Connected by
It also
includes
other
Functions
such as
Increased Global Competition

Use of I.T in Global Supply Chain
The use of I.T in
global supply chain manageme
nt
has paved is a latest way of
enhancing the customer service
and mitigating the uncertainty.
As a result, a competitive edge
is created.

Objectives of I.T in Global Supply Chain
To understand the
concept of supply
chain management
To know the trends in
supply chain
To know the status of
supply chain

Human Resources in Global Supply Chain
Global SCM is continuously progressing and
there are always new trends in it. Industries
are investing greater resources in their
supply chain so; they are looking for the
brightest and best employees for managing
those supply chains.

Improvement of Supply Networks
To improve the ability to deliver the
product to the customer, the global
supply chain management
professionals are assessing
possible shortcomings and
inefficiencies of their supply
networks.

Performance of Supply Chain
This is especially true for today’s
highly competitive and fast-
paced environment, where the
supply chain performance can
be provided by the
manufacturers with a necessary
edge.

Understanding of New Trends in Global Supply Chain
In order to respond to competitive
pressures, companies should know and
understand the
new trends in global supply chain manage
ment
industry.

Importance of Time Utility in Global Supply Chain
Global supply chain management has
emerged as one of the most important
sectors globally. It is observed because
of the time utility factor, which is
concerned with it.

Effect of I.T in Supply Chain
Supply chain management, along with
I.T services, has completely changed
the point of view of how they
maintain their collaborative
relationships with their suppliers and
how industries manage their supply
chain and fulfill the requirements of
their customers.

Supply Chain Visibility
Supply Chain visibility always remains at
the top of the list.
Supply chain visibility is the
requirement of both industries running
supply chains and providers of services.
• It is a key role for the
growth of the company.

Complex products
Customers with large purchasing budgets
Large number of suppliers
Large inventories
There are many benefits of supply chain management such as:
Benefits and Outcomes

The global supply chain management
is discussed in more details in
supply chain management courses onli
ne
, which are offered by AIMS' Institute
of Supply Chain Management

Global Supply Chain Management: Key Features, Functions & How It Works"

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