Globalization as a factor in evolution


Assignment:

There has been a sea change regarding the challenges and therefore the required elements of a company's material control system. This has caused the firm to evolve from having a purchasing agent, typically reporting to the chief financial officer (CFO), to a more professional purchasing manager trained in high level negotiating skills, to a materials director, conversant in how all the elements of a supply chain fit together, to a global sourcing manager, and now a global supply chain director.

1. Has globalization been a factor in this evolution, or are other factors at play? Why or why not?

2. What added elements are now required of a material control system as a result?

3. What would be the impact on large retailers in a country if a dock strike occurred for inbound shipping containers; what could they do to mitigate this risk? How does this differ from the impact of a dock strike if globalization had not been so popular?

Write in 400 to 600 words APA format. In text citations with reference page.

Solution Preview :

Prepared by a verified Expert
Business Management: Globalization as a factor in evolution
Reference No:- TGS01797127

Now Priced at $40 (50% Discount)

Recommended (95%)

Rated (4.7/5)