Essays on Supply Chain Management

Radio Frequency Identification is an automatic identification and data capture technology used in the identification of products or services (Masum, Bhuiyan, and Azad, 2013). RFID is composed of tags, readers, and middleware. The tag is formed from chips and attached to products, the reader helps in receiving and returning answers...

Globally, firms often test new ideas before making complex business decisions. Simulation modeling refers to the process of developing notions or model and analysing their performance in the real world (White and Ingalls 12). In business, the scrutiny technique allows companies and stakeholders to manipulate specific parameters such as price and...

The technology makes all business processes easier, faster with reliable output and better quality. It is being advanced each year and we always get new equipment to use. The society enjoys the benefits of RFID technology today. Radio frequency identification (RFID) technology offers the capability to automatically read the data...

Logistic management is the part of supply chain management that plans, implements, and controls the efficient, effective, forward and reverse flow of goods, services, and related information to meet the needs of customers between the point of origin and the final point of consumption. Highways, roads, bridges, airports, ports (mass transit),...

Assessment of the importance of power dynamics in global supply chains One of the most important fields of research in global business has been supply chain management. Most experts perceive the necessity to establish this concept as a discipline, similar to other disciplines such as marketing. This is due to the...

SCM s purpose is to create value for end customers and businesses in the supply chain network. Process integration requires organizations to implement process activities both internally and with other companies. Process integration is a difficult process that necessitates readiness and training, as well as skilled and committed corporate partners...

One of the leading global retailers of home furnishings: IKEA Corporation One of the leading global retailers of home furnishings is the IKEA Corporation. It was established in Sweden in 1943, and it has expanded throughout the years by offering products of the highest caliber. With 298 outlets opened across all...

Power Relations in Global Supply Chains Power has a significant impact on fundamental elements such as cooperation, compliance, commitment, and dispute resolution, all of which influence the connection between buyers and sellers in the global supply chain network. The majority of research contend that the type of relationship and, in particular,...

The article 5 Supply Chain Trends by Robert J, Trent is an accurate representation of the emerging trends in Logistics Management. According to the author, supply chain professionalism is constantly evolving (Trent, 2017). For example, in a supply chain, once-cost managers are now responsible for stakeholder relationship management, risk management,...

The case study's research of Wal-supply Mart's chain demonstrates that the company works to maintain positive relationships with its clients, business partners, and even technology. According to Ketchen and Hult (2007, p. 573) the business has made an investment in understanding the needs of its clients in order to provide...

To ensure continued competitiveness, each business must focus on constantly improving logistics and supply chain processes. Metrics and key performance indicators (KPIs) might assist you understand what needs to be done. The former are considered to be the measures that allow for the monitoring and evaluation of all business elements,...

The Importance of Supply and Supply Chains Making something that is in high demand by society or a particular person available is the process known as supply. Supply chains, on the other hand, are the crucial ties connecting a company's input and output. Prior to now, the key supply chain concerns...