CHALLENGES OF SUPPLY CHAIN MANAGEMENT

Autor: Natalia GALANTON
Jazyk: English<br />Romanian; Moldavian; Moldovan
Rok vydání: 2017
Předmět:
Zdroj: Economica, Vol 3, Iss 101, Pp 7-16 (2017)
Druh dokumentu: article
ISSN: 1810-9136
Popis: The present article highlights the basic characteristics of the supply chain, specific to changes in the business environment of companies at the beginning of the 21st century. Supply chain activities turn natural resources, raw materials and components into a finished product, which is then delivered to the final customer. The supply chain incorporates the production process alongside the raw material acquisition and distribution of finished products, encompassing all the existing process responsible for transforming the materials taken from the supplier to the finished products delivered to customers. Today, competitiveness and performance of an organization are dependent on belonging to an efficient and effective supply-delivery chain where synergies exist due to the establishment and implementation of common goals and strategies by partners. Competition does not take place between independent organizations or between small groups of organizations, but between supply and delivery chains, made up of interconnected networks of producers, distributors and logistics providers. Under these circumstances, supply chain managers must seek solutions to respond promptly to the most important challenges in the field.
Databáze: Directory of Open Access Journals