Abstract
This qualitative study analyzes supply chain management strategies in a globalized environment through a comprehensive literature review. Globalization has increased the complexity of logistics operations, making efficiency in supply chain management crucial. Key strategies identified include technology integration, interorganizational collaboration, sustainability, risk management, and global opportunities. Integration of technologies such as IoT and blockchain improves visibility and operational efficiency. Collaboration with strategic partners optimizes resources and capabilities. Sustainable practices, such as waste management and carbon footprint reduction, meet the demand for corporate responsibility and enhance reputation. Risk management, through supplier diversification and business continuity planning, ensures operational resilience. In conclusion, a multifaceted and adaptive approach to supply chain management is essential to maintain competitiveness and sustainability in the global marketplace, enabling companies to effectively address challenges and seize opportunities.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.