The Global Supply Chain Management Assignment Example | Topics and Well Written Essays - 3750 words

The Global Supply Chain Management - Assignment Example This essay discusses that  the globalization of trade in the last 10 years has expanded dramatically and when it comes to 'Fashion', the possibilities are unlimited. Supply chain management contributes the maximum for companies to leverage their business standards internationally. My goal in this paper is to present a study on Global supply chain Management along with its elements and compounds for a better understanding of its function. The paper explores the Global supply chain management through a rigorous study from available books and journals pertaining to the context, and then gradually I would move towards the purpose of this paper i.e. to conduct a case study on ' The Global Supply chain Management of ‘Zara’.  Ã‚  As the report highlights  the supply chain is referred to the sequence or series of events in which the product is flowing or circulating, and adding value to the value of that particular product. The events refer to the assembling, converting, a nd distributing the products. In other words supply chain management is all about creating a link which connects the producer/manufacturer with the distributors and most importantly to the final consumer. This link is a dedicated service which is transparent in its function. While the institute of supply management Inc USA, defines the term as a seamless management and a process that adds value to the organization by reaching the end consumer beyond boundaries.  ... In other words supply chain management is all about creating a link which connects the producer/manufacturer with the distributors and most importantly to the final consumer. This link is a dedicated service which is transparent in its function (Alan, 2009). While the institute of supply management Inc USA, defines the term as a seamless management and a process that adds value to the organization by reaching the end consumer beyond boundaries. Apart from the essential activities involved in its function, it also encompasses the association and contribution of their respective channel partners, providers, suppliers or intermediaries ("Supply Chain Management"). Fig. 1.0 – Supply Chain Activities Why Global Supply Chain Management? The globalization of the clothing industry has enabled designer brands, manufacturers and retailers to reach out to as many consumers as possible. However, the goods produced by this industry have a short life span, the demand for new concept is huge . To balance this complex chain of demand and supply; many firms have chosen to incorporate with channel partners all across the world in different countries ("SAHCC"). Today most of the top apparel companies are managing their competition through respective partners. it is quite evident that an independent company with all its resources may not be able to give stiff competition to its competitor and with the proper downstream arrangement of the production at the input level, up to the output level and finally being distributed by the collaborated efforts of the channel partners would ensure a successful strategy of overpowering any competition ("Supply Chain Management"). Components of Supply Chain management Joel, in his book highlights the most important