Global Supply Chain Management

This paper addresses global supply chain management (GSCM). The industry used to explore this topic is the automotive industry, as it is a core industry in the world economy, both in revenue generation and inefficiency. The paper explores both the positive and negative attributes of supply chain management, explores and analyses the gap between evaluation and implementation of improvements in supply chain management and then investigates the global issues affecting supply chain management and their solution.Supply Chain Management is a frequently used term in the business sector. Though widely used, the real meaning of supply chain management is missing in many people’s conversation (Davis, 1993). In order to demystify this perception, we shall define supply chain management. Supply chain management is the process of handling the flow of goods or services in entirety, beginning from the supply of raw materials to delivering the final product to the end-user (Burman, 2012). In a broader perspective, global supply chain management has been defined as planning how the supply chain in its entirety can function integrated function, aimed at generating an optimum customer service level not leaving cost-effectiveness out of the definition (Sanders, 2012). Having defined these critical terms, we shall now embark on the application of global supply chain management in the automotive industry