SGM3 Global Supply Chains: Key Drivers PDF

Document Details

BFH - Bern University of Applied Sciences

2023

Jacqueline Bürki, Omar Serrano & Sherban Leonardo Cretoiu

Tags

supply chain management global supply chains logistics business

Summary

This document discusses SGM3 global supply chains and key drivers influencing them. It covers topics including value chains, management challenges, and the impact of global events like the COVID-19 pandemic. The document references various sources and academic concepts within the broader field of business and logistics.

Full Transcript

SGM3 Global Supply Chains Key Drivers of Supply Chains Jacqueline Bürki, Omar Serrano & Sherban Leonardo Cretoiu with coaches: Angel Facio Mandujano & Jorge Mauricio Mancilla Global Supply Chains For more see: Venkataraman, Supply Chain Management, 1e. © 2023 SAGE Publishing. Berner Fachhochschu...

SGM3 Global Supply Chains Key Drivers of Supply Chains Jacqueline Bürki, Omar Serrano & Sherban Leonardo Cretoiu with coaches: Angel Facio Mandujano & Jorge Mauricio Mancilla Global Supply Chains For more see: Venkataraman, Supply Chain Management, 1e. © 2023 SAGE Publishing. Berner Fachhochschule | Haute école spécialisée bernoise | Bern University of Applied Sciences. Global Supply Chains (1 of 5) Supply chain: a chain of interconnected organizations. Global supply chains: global networks of interconnected organizations. Primary objective of global supply chain management: To create net value via different activities. Berner Fachhochschule | Haute école spécialisée bernoise | Bern University of Applied Sciences 3 Global Supply Chains (2 of 5) Value chain: value added to product as it progresses to various supply chain stages. Managing global supply chains as an overwhelming issue for many businesses. COVID-19 pandemic caused disruptions to global supply chains. Berner Fachhochschule | Haute école spécialisée bernoise | Bern University of Applied Sciences 4 Global Supply Chains (3 of 5) What Is Global Supply Chain Management? Approaches to efficiently and fully integrate global network of organizations. Need to deal with new challenges and decide on outsourcing plan. Need to contend with logistical issues. Berner Fachhochschule | Haute école spécialisée bernoise | Bern University of Applied Sciences 5 Global Supply Chains (4 of 5) What Is Global Supply Chain Management?  Steady shrinking in manufacturing share of the global economy of Western countries.  Study of Boston Strategies on Western manufacturers’ survival.  Western manufacturers stay afloat in business due to higher productivity.  Changes to be implemented to prosper in highly competitive environment. Berner Fachhochschule | Haute école spécialisée bernoise | Bern University of Applied Sciences 6 Global Supply Chains (5 of 5) What Is Global Supply Chain Management? Berner Fachhochschule | Haute école spécialisée bernoise | Bern University of Applied Sciences 7 Baldwin 2024 Baldwin 2024 Global Supply Chain Structures and Partners (1 of 5) Berner Fachhochschule | Haute école spécialisée bernoise | Bern University of Applied Sciences 10. Global Supply Chain Structures and Partners (2 of 5) Firsttier suppliers: provide products directly to primary organization. Second tier suppliers: firms that support first-tier suppliers’ production processes. Storage: use of warehouses to store products, components, or materials. Berner Fachhochschule | Haute école spécialisée bernoise | Bern University of Applied Sciences 11 Global Supply Chain Structures and Partners (3 of 5)  Wholesalers and retailers:  Wholesalers: firms who receive goods directly from the manufacturers and sell to retailers.  Retailers: sell the goods to end consumers.  Multichannel systems: availability of more than one channel of distribution for customer.  Final consumers: “end users” of the product. Berner Fachhochschule | Haute école spécialisée bernoise | Bern University of Applied Sciences 12 Global Supply Chain Structures and Partners (4 of 5) Logistics  Plays key role after procuring raw materials and producing finished goods.  Involves multitier suppliers, agents, and agencies.  Reverse logistics:  Movement of goods from final customer to distributor or manufacturer. Berner Fachhochschule | Haute école spécialisée bernoise | Bern University of Applied Sciences 13 Examples of Global Supply Chains: Apple’s Supply Chain Berner Fachhochschule | Haute école spécialisée bernoise | Bern University of Applied Sciences 14 Decisions in Supply Chain Management (1 of 2) Berner Fachhochschule | Haute école spécialisée bernoise | Bern University of Applied Sciences 15 Decisions in Supply Chain Management (2 of 2) Points to consider regarding the decisions: Strategic decisions are interrelated. Decisions can affect other downstream decisions that must be made. Need to examine decisions at the strategic, tactical, and operational levels for alignment. Berner Fachhochschule | Haute école spécialisée bernoise | Bern University of Applied Sciences 16 Photo by Mindspace Studio on Unsplash Berner Fachhochschule | Haute école spécialisée bernoise | Bern University of Applied Sciences 17 Key drivers of supply chains: Globalization For more see: Venkataraman, Supply Chain Management, 1e. © 2023 SAGE Publishing. Berner Fachhochschule | Haute école spécialisée bernoise | Bern University of Applied Sciences The Globalization of Business (1 of 7) Global economy has led to direct interaction between global customers and companies. Globalization: ability of businesses to operate anywhere in the world. Allows both large and small businesses to meet needs of global consumers. Berner Fachhochschule | Haute école spécialisée bernoise | Bern University of Applied Sciences 19 Phases of Globalization Berner Fachhochschule | Haute école spécialisée bernoise | Bern University of Applied Sciences The Death of Distance In This Time Period... Fastest Transportation At a Speed of... Was Via 1500 to 1840s Human-powered ships 10 miles per hour and horse-drawn carriages 1850 to 1900 Steamships 36 miles per hour Steam locomotive trains 65 miles per hour Early 1900s to today Motor vehicles 75 miles per hour Propeller airplanes 300-400 miles per Jet aircraft hour 500-700 miles per hour Berner Fachhochschule | Haute école spécialisée bernoise | Bern University of Applied Sciences The Globalization of Business (2 of 7) Drivers of Globalization Lower costs, entry into global markets. Ability to respond quickly to changes in demand. Reliable sources of supply. Access to the latest trends and state-of- the-art technologies. Berner Fachhochschule | Haute école spécialisée bernoise | Bern University of Applied Sciences 22 The Globalization of Business (3 of 7) Drivers of Globalization Formation of the European Union. Led to the requirement of strict quality and environmental standards for companies. North American Free Trade Agreement (TMEC/USMCA): established a free-trade zone. World Trade Organization: expanded the scope of the rules of international trade. Berner Fachhochschule | Haute école spécialisée bernoise | Bern University of Applied Sciences 23 The Globalization of Business (4 of 7) Offshoring and Outsourcing Offshoring: Company gets work done in another country but has full control over operations. Benefits: lower cost, a larger pool of skilled people, and so on. Risks: transfer of jobs to other countries, geopolitical risk, and so on. Berner Fachhochschule | Haute école spécialisée bernoise | Bern University of Applied Sciences 24 The Globalization of Business (5 of 7) Offshoring and Outsourcing Nearshoring: Company gets work done in geographically closer country. Benefits: operation in same time zone, fewer cultural differences, and so on. Risks: fewer providers, higher costs, and potential cultural differences. Berner Fachhochschule | Haute école spécialisée bernoise | Bern University of Applied Sciences 25 The Globalization of Business (6 of 7) Offshoring and Outsourcing  Outsourcing:  Hiring a third party on a contractual basis.  Enables company to focus on core competencies.  Risks: loss of sensitive information and confidentiality, poor quality, and so on.  Effectof offshoring and outsourcing on manufacturing in the United States. Berner Fachhochschule | Haute école spécialisée bernoise | Bern University of Applied Sciences 26 The Globalization of Business (7 of 7) Reshoring  Factors responsible for the decline of offshoring.  Rising labor costs, quality and intellectual property theft, and long supply chains.  Bringing back a company’s manufacturing operations to its home country.  Trend appears to be greater in the United States. Berner Fachhochschule | Haute école spécialisée bernoise | Bern University of Applied Sciences 27 Photo by Mindspace Studio on Unsplash Berner Fachhochschule | Haute école spécialisée bernoise | Bern University of Applied Sciences 28 Breakout rooms discussion Discuss in the group in which you have been randomly included the following: What is happening to global supply chains at present? Think about aspects such as:  Trade wars  The return of industrial policy  Conflicts  Technological change Berner Fachhochschule | Haute école spécialisée bernoise | Bern University of Applied Sciences 29 Semester Schedule & Important Deliverables Date Lesson Week / CW Lecturing Team Session Topic Deadlines and Deliverables 20/09/24 1 / 38 BFH & TEC KICK OFF ONLINE - mandatory 07h00 -08h20 (Tec) ice breaker activity 15h00 - 16h20 (BFH) Course deliverables, assignment deadlines etc. 08h40 - 10h00 (Tec) Team Formation (45mins) and work on project definition 16h40 - 18h00 (BFH) 27/09 2 / 39 Omar Identify Key Drivers associated with Global Supply Chains, understanding the 07h00 -08h20 (Tec) macro-environment (dynamic PESTLE) 15h00 - 16h20 (BFH) 08h40 - 10h00 (Tec) Omar & Jacqueline guided coaching 16h40 - 18h00 (BFH) 04/10 3 / 40 Omar Current challenges (critical success factors, pitfalls, and risks) supply chains 07h00 -08h20 (Tec) are facing and the transformation they are undergoing 15h00 - 16h20 (BFH) 08h40 - 10h00 (Tec) Omar & Jacqueline guided coaching Status update of your project work 16h40 - 18h00 (BFH) 11/10 4 /41 Tec input Management of Supply Chains - Industry level (context Mexico) 07h00 -08h20 (Tec) 2 x 45min 15h00 - 16h20 (BFH) 08h40 - 10h00 (Tec) guided coaching Status update of your project work 16h40 - 18h00 (BFH) 18/10 5 /42 Tec input Management of Supply Chains - Industry level (context Mexico) 07h00 -08h20 (Tec) 2 x 45min 15h00 - 16h20 (BFH) 08h40 - 10h00 (Tec) guided coaching Status update of your project work 16h40 - 18h00 (BFH) Berner Fachhochschule | Haute école spécialisée bernoise | Bern University of Applied Sciences 30 Berner Fachhochschule | Haute école spécialisée bernoise | Bern University of Applied Sciences 31

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