Optimized Supply Chain processes -Tobi Abimbola
Description
Without Supply Chain, it is near impossible to achieve globalization. Improvements in Supply Chain processes have help manufacturers and industries expand, increasing profit by enabling access to low cost raw material and supply of finished products to global markets. As the world becomes increasingly smaller, Supply Chain is the connecting force bringing the world closer together, promoting industrial growth. enabling industrialization and facilitating globalization.
Enablers
Increased global demand and population
Improved global spending power
Advancements in technologies
Optimized transportation
E-Commerce
Inhibitors
War and Conflicts
Global pandemic
Paradigm
The world is seen to be more connected and smaller due to efficient supply chain networks
Experts
https://online.maryville.edu/blog/global-supply-chain-management/
Timing
Web Resources
https://decisionsciences.org/wp-content/uploads/2019/06/p584246.pdf