SUPPLY CHAIN MANAGEMENT TRENDS IN THE CONTEXT OF CHANGE

Abstract

Market globalization and its uncertainties, change of customer requirements, technological progress and other factors contributed to the development of new attitudes to row materials, products and services supply, production as well as logistics operations management and control. A supply chain management concept and its practical solutions are developed aiming for a growth of efficiency of physical, informational and financial flows, including all the processes from a row material production and procurement till the consumer goods delivery. As research showed, supply chain management solutions depend on the factors, which are a subject for change. The paper reveals and analyses the perspectives for supply chain management in response to market change, risk awareness and competitive priorities established. Based on these perspectives a Supply chain management framework is proposed. The research allowed to recognize an importance of supply chain management through the stages of supply chain design, integration and coordination, and to state that if not appropriately managed from the very beginning supply chain has to cope with a smaller efficiency, deeper control, and greater risk of failure problems latter.

DOI: http://dx.doi.org/10.5755/j01.em.18.3.3799