Supply Chain

For example, over the past decade transport firms suddenly became "logistics firms", and logistics firms assumed the label of SCM companies. In many cases, the biggest degree of change was in the renaming of the company, not the services being provided. According to my interview with Mr. Weber, there have been many firms that have enhanced their service offerings to become large global enterprises out of which have grown new and expanding terms for these enterprises such as 3PLs and 4PLs (Weber: Interview). These companies usually provide one or more core competency outsourcing such as total transportation services, warehouse management and even information systems management. The benefit to the shipper or consignee is their ability to focus on issues inside the business that are more critical than the services being outsourced. Through this basic understanding of SCM you will gain a better understanding of the Supply Chain from a global standpoint, how it can be optimized to improve valuation of business processes, and finally provide four points on how Supply Chain firms will thrive in this global economy. Let's begin by looking at the Global Supply Chain.
             The Global Supply Chain.
             It is no wonder that the effort and resources being expended upon SCM are so great. In today's world marketplace, globalization has become the core institute of the supply chain model. Without a global supply chain, international corporations would not be able to function and their inability to complete on a global basis would become substantially affected. On the other hand, the small to mid-sized enterprises would also be hard pressed to complete without going global. Unfortunately, the software solutions and outsourcing services available to the larger enterprises are not available to the smaller enterprises except where software firms reduce the functionality of their existing products to provide some limited level of services to support these enterprises" needs.