Emerging Trends and changing Supply chain dynamics
As the existing supply chain concepts like globalization, localization, supply chain management with ERP tools, lean, just in time (JIT) etc. are no longer seen as differentiator in a fast changing and competitive supply chain environment, new trends are emerging which are setting up the new race in the world of supply chain. Even as the basics of supply chain management are always going to be there and would be required by manufacturers and vendors, they no longer can guarantee advantage to the suppliers and manufacturers in terms of management of their complex supply chain. The key focus of this white paper is on understanding these new emerging trends and their effect on supply chain, and the challenges and opportunities they bring to supply chain dynamics in the current world.