Abstract
The paper deals with the issue of Supply Chain Management in the context of relationships between its members and possible innovations. It analyzes the dominating challenges in SCM and the impact they have on trends and future solutions. Supply chains in the future have to be more flexible and adaptive in order to be able to overcome problems stemming from complexity and increased risks. The analysis of secondary data leads to a conclusion that the future of SCM will be shaped by Big Data and technologies using them, knowledge management and talent scarcity avoidance as well as taking up innovative solutions in Green Supply Chain Management.
Highlights
Innovation is a popular topic for companies
Chain Management (SCM) practices are considered to be in the fore-front of modern organizational advancements
Chain Management is the sequence of processes and activities involved in the complete sourcing, manufacturing and distribution cycle which is known as the supply chain
Summary
Innovation is a popular topic for companies. It has been believed to be a critical factor for organisational development. According to Martin Christopher, modern competition does not take place between individual companies but between supply chains. The challenge is to ind innovative solutions at the supply chain level. Chain Management (SCM) practices are considered to be in the fore-front of modern organizational advancements
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