IS 130. Chapter 8. operations management and supply chain management{0}
This chapter is about operation management and supply chain management that are important in business and information technology. In this article, it explains and represents global supply chain, based on china. China is the biggest country and has huge population, so it takes a significant role in global supply chain. Thus, it affects supply chain a lot and it is affected by global situation.
When it happen global situation, china’s supply chain becomes bad and terrible, that this article explains well. According to the article, China’s hopes for a immediate export recovery from the global crisis could be destabilized by the weakest links in its powerful supply chain – smaller companies too damaged by the downturn and credit crisis to get goods to market. As collapsing sales to recession-hit Western markets consider on China’s economy, bankruptcies pose a growing risk to its export machine, threatening everyone from suppliers of crucial parts and materials to companies that transport finished products. Struggling Chinese exporters are facing higher costs and need to keep closer checks on suppliers, and a shrinking pool of financially healthy companies to deal with is limiting their vaunted flexibility, slowing down delivery times. Also, one of represent of supplier said they tried to find an alternative source that could offer the same quality and delivery.
We could learn about the supply chain that consists of all parties involved, directly or indirectly, in the procurement of a product or raw material. It includes supplier, manufacturer, distributor, retailer, and customer. They are all important to do supply chain management well. I think one of the participants has suffered from some problems and it effects the others, so we need to care about this point.
Article resources – NY times.
http://www.nytimes.com/2009/03/05/business/worldbusiness/05iht-yuan.2.20615197.html?scp=1&sq=supply%20chain%20manage&st=cse