Evaluation:
Published: 22.09.2023.
Language: English
Level: College/University
Literature: n/a
References: Not used
Time period viewed: 2021 - 2025 years
  • Summaries, Notes 'Supply Chain Management', 1.
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Extract

EXTERNAL CHANGE DRIVERS:
Globalization:
- More competitive environment economic and political opportunities and threats
- Time and distance have been compressed
- Economic and political risk: e.g. terrorism or natural catastrophes that could interrupt
supply chains
- Shorter product life cycles Inventory management challenges
- Faster duplicability of products and services
- Faster reduction in demand
- Requirement of new pricing policies
- Higher risk of obsolescence
- Blurring of organizational boundaries
- Outsourcing longer and more complex supply chains
Technology:
- Internet
- Search engines
- Social networks: customer demand and speed of information transfers
- World’s “knowledge pools”: opportunities for collaboration in supply chains…

Editor's remarks
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