The Role of Strategic Sourcing in Global Supply Chain Competitiveness

Author(s):  
Cristiane Biazzin

A global supply chain is a core element for an organization's competitiveness. Its success relies on the synchronization of relations, activities, and agreements in order to be flexible, agile, high quality, and cost effective for customers. Strategic sourcing emerges as an important factor to support and integrate the suppliers into the supply chain intelligently. This chapter aims to provide the understanding of how strategic sourcing can contribute to improving a firm's global supply chain competitiveness. In order to do so, it explores the elements to be considered while developing the strategic sourcing: the sourcing process cycle, internal and external relations, sourcing risks, global sourcing application, and supplier development.

2012 ◽  
pp. 454-474
Author(s):  
Benedict M. Uzochukwu ◽  
Silvanus J. Udoka

The purpose of this chapter is to chronicle and analyze existing challenges and theoretical issues in the domain of product, system, and the emerging area of global supply chain sustainment. These challenges encompass the provision of reliable, efficient, cost-effective, and quality services by key players and major stakeholders in product and global supply chain. The authors argue that sustainment concept serves as a vehicle for elevating the rate of product and system utilization. This will have a tremendous impact at reducing the burden of product or system’s operational issues thereby allowing for the leveraging of the enormous potentials of sustainment. Both contemporary as well as classical journal papers and publications are included in this study to trace and describe the development, state of sustainment perspectives, available tools, and methodologies in product and global supply chain system sustainment.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Juneho Um ◽  
Neungho Han

Purpose This study aims to theoretically hypothesise and empirically explore the relationships amongst global supply chain risks, supply chain resilience and mitigating strategies. Design/methodology/approach The study adopts supply chain resilience as a dynamic capability and resilience capability as a mediating prerequisite in addressing supply chain risk in sourcing, manufacturing and delivery. The moderating role of diverse mitigating strategies is tested to enhance supply chain resilience. Data collected via survey was used for structural equation modelling and additional tests to explore appropriate mitigating strategies for differing risk environments. Findings Achieving better supply chain resilience capability plays an important mediating role between supply chain risks and resilience, while the relationships depend on the performance of seven mitigating strategies. Research limitations/implications The findings contribute to the theoretical development of risk management issues in global supply chains by suggesting the role of supply chain resilience capability. Practical implications The findings offer managerial guidance on how to mitigate the global supply chain risk through the appropriate practice of strategies to strengthen supply chain resilience in an uncertain environment. Originality/value This is the first empirical research examining the impact of mitigating strategies on supply chain resilience. The results provide practical implications for managing uncertain events and offering theoretical insight for future research in supply chain resilience.


2019 ◽  
Vol 18 (1) ◽  
pp. 25
Author(s):  
Sidah Idris ◽  
Suhana Mohezar

This study aims to investigate the impact of technology capability and logistics integration commitment on information sharing as well as global supply chain competitiveness. Data were collected from 177 local manufacturing firms that are competing in global markets. The findings indicate that logistics integration commitment is significantly related with information sharing and global supply chain competitiveness. This study however, fails to establish a relationship between technology capability and global supply chain competitiveness. The findings also highlight information sharing as a mediator.


AJIL Unbound ◽  
2017 ◽  
Vol 111 ◽  
pp. 389-394 ◽  
Author(s):  
Stephen Lande ◽  
Dennis Matanda

In an era in which multilateral trade arrangements have garnered more public notoriety than ever before, the suboptimal trade and investment relationship between America and Africa, as underpinned by the African Growth and Opportunity Act (AGOA), is one of the less controversial ones. AGOA could nevertheless use some adjustments or augmentations to facilitate deeper U.S.-Africa commercial relations. For instance, adjusting AGOA's origin rules could nudge the private sector on both sides of the Atlantic towards gains for U.S. and African employment and the reduction of trade deficits. Africa must leverage the period before AGOA expires to redefine its trade relationship with the United States in innovative ways. The United States should welcome these measures, since the type of value that Africa would add to the global supply chain would not replace the high-quality jobs that the Trump Administration would like to see in the United States. In fact, this type of production would make U.S. manufacturing more competitive.


Author(s):  
Natalia Daries ◽  
Estela Marine-Roig ◽  
Berta Ferrer-Rosell ◽  
Eduard Cristobal-Fransi

Tourists travel because they are pushed by their internal motivations and attracted orpulled by certain elements and features of destinations. However, a growing number ofdestinations have similar tourist attractions and need to differentiate themselves. Theaim of this study is to unveil the power of high-level culinary tourism, focusing onMichelin-starred restaurants, as a pull factor and generator of tourism flows, as well as to create a model to quantify the level of importance of these high-quality restaurants asnuclei of a destination. The gastronomic and culinary industry is one of the mosttraditional sectors in most economies and is now becoming a fundamental element inattracting tourism and promotion. In this study, we argue that certain types of business,such as high-quality restaurants, can generate tourism flows in their own right within acontext where the role of tourists and enterprises has shifted from a passive to an activeone, in which companies actively seek to become destination pull factors. A quantitativesurvey questionnaire with structured questions was applied to customers of high-qualitySpanish restaurants, specifically Michelin-starred, with 432 valid responses. The resultsshow distinctive motivations of customers who travel mainly for the restaurant andthose who do so for the destination. They also show the importance of the nucleus(restaurant) as a factor of attraction to the destination, but also the importance of thedestination/surroundings to the nucleus. These findings provide valuable informationand insights for culinary tourism in the future, both for culinary companies and fordestination managers, who can then adjust their marketing and management strategies,emphasizing the need for mutual collaboration. The findings may also be helpful toinstitutions and to communication managers of the destinations to improve theirpromotion and communication strategies, to diversify supply in mature destinations, andto deseasonalized demand.


2015 ◽  
Vol 11 (1) ◽  
pp. 4-16
Author(s):  
C. Gopinath ◽  
Muntakim M. Choudhury

Synopsis The case describes the evolution of Bangladesh's garment industry, the second largest garment exporter in the world, and its operational problems. The focus is on the fire that occurred on November 24, 2012 at Tazreen Fashions, a unit that is a part of a global supply chain for US and European retailers. The case explores the role of the government, western retailers, industry association and NGOs subsequent to the fire, and shows how increasing CSR expectations of corporations are making them take on responsibility for what should be that of the government or the garment unit. Research methodology Secondary sources; published materials. Relevant courses and levels International Business, Business and Society, Supply Chain Management, Doing Business in Emerging Markets. Theoretical basis Corporate social responsibility stakeholder theory market entry.


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