SCHOOL OF HUMAN RESOURCE DEVELOPMENT
ENTREPRENEURSHIP AND PROCUREMENT DEPARTMENT
YEAR I SEMESTER 1
MASTERS OF SCIENCE IN PROCUREMENT AND LOGISTICS
COURSE: GLOBAL PROCUREMENT
COURSE CODE: HEPL 3102
LECTURER: DR. MURAKARU
NAME: ERIC NJERU NTHIGA
REG NO: HD311-3239/2013
TASK: ASSIGNMENT
Global Competitiveness: Role of Supply chain Management
By Prof. Shailendrakumar Uttamrao Kale*
Abstract
Business today is in a global environment. This environment forces companies, regardless of location or primary market base, to consider the rest of the world in their competitive strategy analysis. Firms cannot isolate themselves from or ignore external factors such as economic trends. Companies are going truly global with Supply-chain Management (SCM).
SCM & OUTSOURCING
Liberalization, Privatization and Globalization (LPG) of the economies and companies has fuelled the competitiveness among corporate. The drivers of globalization include: decreasing tariffs, improved transportation, communications and information technology, global manufacturing of products and availability of services across markets. These changes have enabled the global competitors to make the products and services available to customers worldwide, and the results have been a proliferation of choices for consumers and a need for the companies to offer greater products and service quality at lower costs in order to remain competitive. Changes in technology and globalization of products and services have also resulted in increasingly dynamic markets and greater uncertainty in customer demand. Consumers have greater access to more goods and services, and the introduction of new products is occurring at a faster pace. SCM tools and techniques are mechanisms that can allow the companies to respond to these environmental changes.
Increased competition has made business look for core
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