Trends in Supply Chain Management Essay Example | Topics and Well Written Essays - 250 words

Trends in Supply drawing string Management - Essay ExampleThus, with reference to the current technological innovation, customers expect an efficient system that is twain cost effective and reliable for commercial and private use.Operations within an individual market clog the morale of conducting business and restrict diversity thence leading to reactive industries. With reference to international trade, various investors and product developers are able to develop and create products resembling the demands of the global customers (Green, Whitten, Inman, 2008). In addition, the use of specific strategies in some regions to manage costs, has transpired the trading of best practices leading, in some cases, to unified code of conduct within the logistics industry (Handfield, Straube, Pfohl, and Wieland, 2013). With reference to customer satisfaction, globalization creates fundamental interaction between various business blocs thus influencing the development, marketing, distribution, and sale of alternative products.The logistics industry comprises of a network of companies operating in both local and international sectors. These networks alleviate to sustain the industry through the handling of segmented logistics service-tasks (Hanningan, & Mangan, 2001). The collapse of one segment in the network has the potential of interfering with global logistics operations. Following the swerve of industries experiencing economic-crisis aftershock effects, research suggests that business blocs should loosen ties with volatile markets and implement strategies sustainable within a narrowed logistics environment (Florin, n.d).Green, K., Whitten, D., Inman, A. (2008). The Impact of Logistics capital punishment on Organization Performance in a Supply Chain Context. Supply Chain Management An International Journal, Vol 13, No. 4 pp. 317-327. Retrieved February 14, from Academic search complete.Hanningan, K., & Mangan, J. (2001). The Role of Logistics and Supply Chain Manag ement in