Thursday, May 2, 2019
E-Logistics Ning Essay Example | Topics and Well Written Essays - 3250 words
E-Logistics Ning - analyse ExampleIn practice, it has been proved that the actual benefits and drawbacks of each organizational outline take a broad time to appear this is a problem when the change on a firms traditional policies is attempted since the value of the proposed strategies is difficult to be proved in advance or even in the short term. However, the elements of this strategy and its expected performance as it can be measured using figures cerebrate to the firms performance within a particular period of time can be important indicators regarding the potential value of a strategy in case that it is established in a particular organization. Current paper aims to explore the benefits and drawbacks of the planetary lend chain strategies of VF Brands, a firm closely known in the global Apparel industry. Particular reference is made to the firms advanced global append chain strategy, the Third Way, and its potential contribution in the improvement of the firms relation ship with its global suppliers, thus its growth in the global market. 2. Global Supply Chain strategy in VF Brands critical analysis and evaluation 2.1 Global supply chain strategy in the literature The literature developed in the specific field is based on a wide ply of criteria there are views, which promote a narrow perspective of supply chain management in terms of the potentials of the specific organizational sector to be changed following the differentiations in the market trends. Moreover, different perceptions reckon to exist regarding the elements of a successful supply chain management strategy in accordance with Mangan et al. (2008) the bar on which the value of a supply chain management strategy is decided is the level at which this strategy promotes the use of knowledge related to all organizational activities. However, Branch (2008) notes that key priority of supply chain management in modern market is the identification of practices that forget minimize the cos t of production. It is set ahead noted that in the context of the global market, the challenges for supply chain are significantly increased global supply chain management strategies need to address all issues related to a firms production needs in the global market a fact that results necessarily to the increase of complexity of the particular strategies (Branch 2008). Under these terms, the criteria on which the choice of a supplier in the global market will be based cannot be standardized usually, the differentiation from new(prenominal) players in the marketplace and the existence of a separate identity (Branch 2008, p.13) are used as criteria for choosing a supplier in the international market. However, other criteria can be also set in accordance with the needs of each organization and its potentials to oppose to the demands of each supplier demand for specific price, location, time for producing a specific volume of products with pre-arranged characteristics. Also, the level at which a firm accepts its potential dependency on another firm in the context of the supply chain can be differentiated. Supply chain, which has been defined as
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