Journal Press India®

Impact of Supply Chain Management in Globalization

Vol 9 , Issue 2 , April - June 2021 | Pages: 84-89 | Research Paper  

https://doi.org/10.51976/ijari.922113

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Author Details ( * ) denotes Corresponding author

1. Abhishek Roy, Department of Mechanical Engineering, Delhi Technological University, Delhi, India
2. * Abhishek Chowdhary, Department of Mechanical Engineering, Delhi Technological University, Delhi, India (chowdharyabhi1@gmail.com)
3. Ashok Kumar Madan, Department of Mechanical Engineering, Delhi Technological University, Delhi, India

Globalization has had a considerable impact on the logistics industry. The supply chain (SC) is the most significant concept in logistics. Managing SC operations has become more difficult as a result of globalization. Supply chains (SCs) are the pathways between suppliers and purchasers. The role of SCs is to safeguard a product from the moment of its creation till it reaches the hands of a customer. Supply chain management (SCM) is a crucial part of companies. It is the main driver of their success and customer loyalty. Marketing is becoming an increasingly important part of the process, balancing procurement by providing critical demand information and cultivating partnerships that help SC operations run more efficiently. These goods must cross international boundaries to enter as many customers as possible. SCs are important for global markets because, without them, suppliers' goods will not be able to reach global markets efficiently. The paper's objectives are to discuss the aspects of Supply Chain Management and Global Supply Chain.

Keywords

Supply chain management; Globalization; Inventory; Logistics


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