Global Supply Chain Management – Transportation
Abstract: Much is understood about risk assessment and management related to general business operations. However, our understanding related specifically to effective assessment and management of Supply Chain Risks (SCR) is an important nascent area of research for scholars and practitioners alike. Calling upon previous literature, this presentation addresses (1) the need for assessing and managing supply chain risks, (2) risk management approaches, (3) SC risk management approaches, (4) supply chain risk management practices (SCRMP), and (5) techniques used to use SCRMP.
Global logistics aim to optimize and control the material/product flow and the information flow so that materials/products can be moved at a desired pace, in a proper fashion and at the right volume. The production processes in the medical equipment manufacturing industries are highly automated and dynamic and the orders are customized. In order to achieve high economies of scale and shorten the logistics and supply chain lead-times, medical equipment manufacturing system has its manufacturing operations set up in various parts of the globe..
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