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The Present and Future Outlook of Process Improvement to Global Supply Chain Management

Global Supply Chain Analysis

Titel: The Present and Future Outlook of Process Improvement to Global Supply Chain Management

Studienarbeit , 2019 , 14 Seiten , Note: A

Autor:in: Doctor in Business Administration Franklin Atadja (Autor:in)

BWL - Beschaffung, Produktion, Logistik

Leseprobe & Details   Blick ins Buch
Zusammenfassung Leseprobe Details

The supply chain management process improvement elements of six sigma, benchmarking, reengineering and process mapping can serve as a tool for the identification, recovery from root causes of problems, and inefficiencies in the global organizations. Process improvement optimizes production, cost, and efficiencies in organizations pursuits of production, distribution, and sales. Process improvement for the next five years will be geared towards shorter time of product development, cost reduction, quality, and e- business. The e- business will improve customer services, information quality, planning collaboration, and the supply network activities. Successful process improvement management can lead to businesses operated internationally, thus more profits and giving backs to the communities in which they operate in the form of libraries, hospitals, clinics, and schools.

Leseprobe


Table of Contents

  • Abstract
  • Thesis Statement
  • Analysis of the state of the field of global supply chain management
  • Description of the important issues in the field of global supply chain management
  • Background Information for the Present and Future Outlook of Process Improvement in the Global Supply Chain Management

Objectives and Key Themes

This work aims to analyze how process improvement within global supply chain management (SCM) helps mitigate problems and inefficiencies in business operations. It explores the current state of SCM, highlighting key challenges and opportunities for improvement.

  • The role of process improvement in optimizing global supply chains.
  • Challenges and opportunities in global supply chain management.
  • The importance of resource management and risk assessment in SCM.
  • Strategies for successful ERP system implementation in global partnerships.
  • The future outlook for process improvement in global SCM.

Chapter Summaries

Abstract: This abstract introduces the core concept of using process improvement techniques like Six Sigma, benchmarking, reengineering, and process mapping to identify and solve problems within global organizations. It emphasizes the optimization of production, cost, and efficiency, highlighting the future focus on shorter product development times, cost reduction, quality enhancement, and the integration of e-business for improved customer service and supply network activities. The ultimate goal is to foster international business growth, leading to increased profits and community investment.

Analysis of the state of the field of global supply chain management: This section analyzes the current state of global supply chain management (SCM), emphasizing the critical need for companies to integrate SCM into their product development processes from the outset. It highlights the consequences of neglecting SCM, leading to potential business failures. The analysis underscores the importance of understanding resource acquisition, production methods, and distribution strategies to maximize profits and compete effectively in today's dynamic market. It also touches upon advancements in manufacturing planning and control (MPC) systems, focusing on areas like inventory control, labor cost planning, and sales and operations planning. The section concludes by noting that although some organizations use SCM for cost and efficiency management, many are missing the broader scope of its potential benefits.

Description of the important issues in the field of global supply chain management: This chapter delves into crucial aspects of global supply chain management, emphasizing the importance of integrated resource management systems that span various functional areas within an organization (production, distribution, finance, accounting, operations, sales, purchasing, and personnel). The chapter stresses the need to avoid stagnant resources, which can negatively impact company operations. Furthermore, it underscores the importance of assessing the level of risk a company is willing to take and understanding the nature of relationships with suppliers. The discussion also extends to the need for diversification to mitigate risks associated with expansion into international markets, highlighting the necessity of considering cultural, transportation, and economic factors when operating internationally. The chapter also discusses challenges related to ERP system implementation, particularly regarding the identification of critical success factors (CSFs) and strategies (CSSs) to ensure successful implementation with global partners.

Background Information for the Present and Future Outlook of Process Improvement in the Global Supply Chain Management: This section introduces the work of Siha & Saad (2008), who analyzed current process improvement (PI) approaches and developed a conceptual framework and implementation guidelines. This framework is presented as a diagnostic tool for identifying and resolving business problems. The guidelines are categorized into tool-based and system-based approaches, providing practical guidance for managers to improve their processes. The chapter sets the stage for a deeper exploration of process improvement strategies in global supply chain management.

Keywords

e-business, global supply chain management, process improvement, optimization, resource management, risk assessment, ERP implementation, critical success factors, sustainable business practices.

Frequently Asked Questions: A Comprehensive Language Preview of Global Supply Chain Management

What is the overall focus of this document?

This document provides a comprehensive preview of a work analyzing process improvement within global supply chain management (SCM). It covers the objectives, key themes, chapter summaries, and keywords, offering a structured overview of the research.

What are the main objectives and key themes explored?

The main objective is to analyze how process improvement in global SCM mitigates operational problems and inefficiencies. Key themes include the role of process improvement in optimizing global supply chains, challenges and opportunities in global SCM, resource management, risk assessment, successful ERP system implementation in global partnerships, and the future outlook for process improvement in global SCM.

What topics are covered in each chapter?

The Abstract introduces the core concept of using process improvement techniques to solve problems within global organizations. The chapter on the Analysis of the state of the field of global supply chain management examines the current state of SCM, highlighting the importance of integrating SCM into product development. The chapter on the Description of the important issues in the field of global supply chain management delves into crucial aspects like integrated resource management, risk assessment, and challenges related to ERP system implementation. Finally, the chapter on Background Information for the Present and Future Outlook of Process Improvement in the Global Supply Chain Management introduces a framework and guidelines for process improvement based on the work of Siha & Saad (2008).

What are some of the key challenges and opportunities discussed?

Challenges include integrating SCM effectively into product development, managing resources efficiently, assessing and mitigating risks, and successfully implementing ERP systems globally. Opportunities lie in optimizing global supply chains through process improvement, leveraging advancements in manufacturing planning and control systems, and adopting sustainable business practices.

What specific process improvement techniques are mentioned?

The document mentions techniques such as Six Sigma, benchmarking, reengineering, and process mapping as tools for identifying and solving problems within global organizations.

What is the significance of ERP system implementation?

The document highlights the importance of successful ERP system implementation in global partnerships, emphasizing the need to identify critical success factors and strategies for smooth integration.

What is the future outlook for process improvement in global SCM?

The future outlook focuses on shorter product development times, cost reduction, quality enhancement, integration of e-business for improved customer service, and fostering international business growth leading to increased profits and community investment.

What keywords are associated with this document?

Keywords include e-business, global supply chain management, process improvement, optimization, resource management, risk assessment, ERP implementation, critical success factors, and sustainable business practices.

What is the contribution of Siha & Saad (2008)?

Siha & Saad (2008) provided a conceptual framework and implementation guidelines for process improvement, offering a diagnostic tool for identifying and resolving business problems. Their work categorizes approaches into tool-based and system-based methods.

Ende der Leseprobe aus 14 Seiten  - nach oben

Details

Titel
The Present and Future Outlook of Process Improvement to Global Supply Chain Management
Untertitel
Global Supply Chain Analysis
Hochschule
Walden University  (Business Administration and Technology)
Veranstaltung
Global Supply Chain Management
Note
A
Autor
Doctor in Business Administration Franklin Atadja (Autor:in)
Erscheinungsjahr
2019
Seiten
14
Katalognummer
V492480
ISBN (eBook)
9783668970182
ISBN (Buch)
9783668970199
Sprache
Englisch
Schlagworte
e-business giving backs optimization product development process improvement supply network
Produktsicherheit
GRIN Publishing GmbH
Arbeit zitieren
Doctor in Business Administration Franklin Atadja (Autor:in), 2019, The Present and Future Outlook of Process Improvement to Global Supply Chain Management, München, GRIN Verlag, https://www.hausarbeiten.de/document/492480
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Leseprobe aus  14  Seiten
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