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Global supply-chain governance (SCG) is a term that originated around the mid-2000. [1] It is a governing system of rules, structures and institutions that guide, control, and lead supply chains, through policies and regulations, with the goal of creating greater efficiency. [1]
These six areas of concentration can be divided into four main areas: marketing, logistics, supply management, and operations management. [2] Successful management of a global supply chain also requires complying with various international regulations set by a variety of non-governmental organizations (e.g. The United Nations).
A supply chain can be classified as a stage 1, 2, or 3 network. In stage 1–type supply chain, systems such as production, storage, distribution, and material control are not linked and are independent of each other. In a stage 2 supply chain, these are integrated under one plan, and enterprise resource planning (ERP) is enabled.
A supply chain is a complex logistics system that consists of facilities that convert raw materials into finished products and distribute them [1] to end consumers [2] or end customers. [3] Meanwhile, supply chain management deals with the flow of goods in distribution channels within the supply chain in the most efficient manner. [4] [5]
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Supply-chain risk management is aimed at managing risks in complex and dynamic supply and demand networks. [1] (cf. Wieland/Wallenburg, 2011)Supply chain risk management (SCRM) is "the implementation of strategies to manage both everyday and exceptional risks along the supply chain based on continuous risk assessment with the objective of reducing vulnerability and ensuring continuity".
2.1 CPIM. 2.2 CSCP. 2.3 CLTD. 2.4 CTSC. 2. ... 36-6066976 exempt [1] ... SCM Now was previously the official print publication of the organization which was also ...
lack of government regulations [7] Other hurdles may be more important in different situations (Example – if the study were done in a developed country instead of a developing country) Another considerable hurdle for firms trying to implement GSCM practices is the fact that many suppliers along the complete supply chain reside outside of any ...