1 As the VP of Global Logistics and Supply Chain Management

(1) As the VP of Global Logistics and Supply Chain Management, describe at least two actions you would take to ensure that the supply networks you have created are creating the most value for your firm and are, in fact, helping the firm maintain or grow its competitive advantage.

(2) A global supply chain management can be a source of competitive advantage for firms operating internationally. Why? Cite at least two real examples from either the public or private sector to support your answer.

(3) As the head of your company\'s global supply chain what are some of the major steps you would take to ensure that your supply chain is secure?

Solution

(1) 2 actions which I would take to ensure supply networks are helping the firm maintain its competitive advantage are:

(2) Global supply chain management is a source of competitve advantage as efficiency as well as cost can be optimised by purchasing from various parts of the world. For example, a company may purchase from China the raw material and manufacture the product in China as the labour is cheap and finally ship the product to Australia or some other country. This way the cost comes down and efficiency goes up. Example of 2 companies with global supply chain as a competitive advantage are:

(3) For ensuring the security of the supply chain, various measures have to be taken with respect to fire safety, theft, emergfency response systems etc. Details are as below: