| Pub. Date | : Dec 2023 |
|---|---|
| Product Name | : The IUP Journal of Supply Chain Management |
| Product Type | : Article |
| Product Code | : IJSCM011223 |
| Author Name | : Ajay K Aggarwal and Dinesh S Dave |
| Availability | : YES |
| Subject/Domain | : Strategic |
| Download Format | : PDF Format |
| No. of Pages | : 12 |
The need for global supply chains to assure delivery of needed goods across the world at reasonable rates is well recognized. To achieve their goals, these behemoths navigate through a myriad of countries, organizations, processes, cultures, regulations, and expectations. Many advanced technologies offer their assistance. Operating in an environmentally conscious world that is increasingly protective of its depleting resources and concerned about its deteriorating climate, natural resources, and landfills, global supply chains must embrace many sustainability concepts. This study gives an overview of the impact of advanced technologies and environmental sustainability on managing global supply chains.
Supply chain management (SCM) is the coordination of all activities and processes,
beginning with raw material acquisition, manufacturing, and distribution, until the final
product reaches the end consumers. According to the Council of Supply Chain
Management Professionals (CSCMP, 2013), "Supply chain management encompasses the
planning and management of all activities involved in sourcing and procurement,
conversion, and all logistics management activities." A typical supply chain network
includes global organizations in today's dynamic business environment, forming global
supply chains. The management of the global supply chain continues to be one of the most
important goals for supply chain professionals. The aim of the organizations participating
in the global supply chain network is to supply the right product with the right quality,
in the right condition, at the right place, and at the right time.
Beyond a reasonable doubt, global SCM is regarded as the most critical intra- and interorganizational
function of global companies. The ever-increasing trend in the globalization
of production and acquisition of raw materials, work-in-process components, and finished
goods has made supply chain networks even more complex because of the worldwide
location of supply chain member organizations. The global supply chains incorporate a
combination of transportation media, including air, water, road, rail, and pipeline. The