Supply Chain Logistics Management Bowersox 4th Pdf !!BETTER!! Free
Supply Chain Logistics Management Bowersox 4th Pdf !!BETTER!! Free
Supply Chain Logistics Management Bowersox 4th Pdf Free
the trend of globalization started back in the 1980s. since then, globalization has increased and it will continue to increase in the future. globalization has caused the development of transnational supply chains. this has led to the increasing of international trade and the integration of logistics. the global supply chain is much more than the mere sum of its parts. it is an intricate structure made up of a single entity which has many parts and is represented by a single label, such as a single truck, a single customer, and/or a single factory. supply chains are connected to each other in a complex manner. the logistics industry is playing a critical role in the globalization of the global supply chain (lam et al. 2014 ).
the increasing of globalization and integration of the logistics industry will be the main megatrend in the field of supply chain management. the main drivers of this mega trend are population increase, economic growth, higher wages, food consumption and economic crises (shah et al. 2017 ). therefore, globalization requires supply chains to become more flexible and globalized to be more responsive to the customers. the trend of globalization is also reflected in the integration of the logistics industry where distribution hubs, supply chain, transportation and logistics companies are becoming more interdependent than ever before (dhl 2019 ).
the megatrend of globalization has led to the integration of the logistics industry and the development of supply chains. globalization has also increased the flow of data from the manufacturers to the retailers in order to make the logistics industry more efficient. however, it is expected that the development of e-commerce will reduce the need for on-hand inventory. companies may decide to become service-based instead of product-based. for example, amazon allows customers to order a product and have it delivered the next day. therefore, to a large extent, inventory will become obsolete and there will be no need for on-hand inventory (idc 2017 ). it is expected that the increasing of the e-commerce will lead to the development of delivery networks that deliver products directly to the customers. for example, amazon allows customers to order a product and have it delivered to their homes the next day.
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