competitors. By investing in technology and focussing on new ways to improve efficiency, companies will be immune in developing industries. Another crucial element will be on improving logistics, delivery methods between the supplier and retailer. By using networking based solutions, and moving away from brick-and-mortar methods, a business is able to keep up with the needs of customers. A businesses that wishes to evolve in a globalizing world, should focus their effort towards supply chain management.
Written by Basim Mirza
Sources Used
Supply Chain Management: Strategy, Planning & Operation (3rd Edition). New Jersey, 2007. Sunil Chopra & Pete Meindl.
Operations Management (Edition 9). Ohio, 2002. Norman Gaither & Greg Frazier.
Wal-Mart Stores. Wal-Mart Global Procurement Enhances Quality Control in China. [13st July 2009]. http://walmartstores.com/FactsNews/NewsRoom/8437.aspx
Wal-Mart World. The Biggest Corporation in the Global Economy. [14th July 2009].http://www.scdigest.com/ASSETS/ON_TARGET/09-06-09-2.PHP?CID=2506
Vision New age on the intention of the Earth as a living being, with excellent images. To conceive the Earth as a “living library” that houses life in constant evolution, and it’s the support to store genetic codes for intelligent beings of the universe. The human being as an indissoluble son of the Earth.
Video Rating: 4 / 5