Significant changes in the global economy

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1. Globalization and technology developments have led to come significant changes in the global economy. Discuss the importance of such changes to the United States. What is the impact upon supply chains?

2. The consoldation that has developed at the retail end of many supply chains has had an important impact. What changes have occured in supply chain management because of retail consolidation and the related shift power.

3. Consumers have much more influence in the marketplace today. What factors have led to this "empowered consumer" situation? How has this factor changed supply chains n the last 10 years? Will conxumer influence continue, and what will be the impact on supply chians?

4. Descibe the three phases of the evolution of the supply chain concept.

5. Why should senior executives be concerned about cupply chain management in their orgainzations? How can eddective supply chain mangement improve the financial viablity of their companies?

6. Supply chains encompass four flows. Decribe the four flows, and why are they important? How are they releated to each other?

7. During the 1980's and 1990's, managing the transportation function in supply chains was recognized as being important but not critical. Has this perspective changed, and if so, how and why? What special challenges does transportation face in the future?

Reference no: EM132204790

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