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Managing Supply Chain and Operations 1st Edition by Thomas Foster ,Scott Sampson,Cynthia Wallin,Scott Webb
Edition 1ISBN: 9780134110219Managing Supply Chain and Operations 1st Edition by Thomas Foster ,Scott Sampson,Cynthia Wallin,Scott Webb
Edition 1ISBN: 9780134110219 Exercise 2
What is meant by globalization?
Why is this concept of importance to SCO managers?
Why is this concept of importance to SCO managers?
Explanation
Verified
Verified
Globalization:
Globalization is the process of moving the business from domestic market to international markets. It is the process of developing and integrating the business internationally. Globalization includes economic, finance, communication, and trade integration across the world.
Supply chain manager:
He/she is responsible in managing different equipments used in the company. They should manage the purchase of raw materials and delivery of finished goods. They should ensure that the finished goods meet the customers' demands.
Operations manager:
Operations manager is responsible for the supervision of the production of goods and services. He or she should control the process of production and redesign the process to achieve greater efficiency.
The importance of globalization for supply chain and operations manager:
Supply chain and operations mangers are the ones who decide internal and external process of the company. If the decision goes wrong, it will affect the overall market globally, from suppliers to customers.
The supply chain and operations management of the company influences the productivity and growth of the company. The internal and external growth depends on the process of the company. The supply chain and operational manager has the responsibility to frame the process for the company.
Conclusion:
In the globalized environment, the company can manufacture a product in a country and sell the product in another country. In the last few decades, there is a drastic change in the operations and logistics management of the company. Thus, both managers supervise the process internally and externally.
Globalization is the process of moving the business from domestic market to international markets. It is the process of developing and integrating the business internationally. Globalization includes economic, finance, communication, and trade integration across the world.
Supply chain manager:
He/she is responsible in managing different equipments used in the company. They should manage the purchase of raw materials and delivery of finished goods. They should ensure that the finished goods meet the customers' demands.
Operations manager:
Operations manager is responsible for the supervision of the production of goods and services. He or she should control the process of production and redesign the process to achieve greater efficiency.
The importance of globalization for supply chain and operations manager:
Supply chain and operations mangers are the ones who decide internal and external process of the company. If the decision goes wrong, it will affect the overall market globally, from suppliers to customers.
The supply chain and operations management of the company influences the productivity and growth of the company. The internal and external growth depends on the process of the company. The supply chain and operational manager has the responsibility to frame the process for the company.
Conclusion:
In the globalized environment, the company can manufacture a product in a country and sell the product in another country. In the last few decades, there is a drastic change in the operations and logistics management of the company. Thus, both managers supervise the process internally and externally.
Managing Supply Chain and Operations 1st Edition by Thomas Foster ,Scott Sampson,Cynthia Wallin,Scott Webb
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