Supply Change Management

Marc Helmold and Brian Terry
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Marc Helmold: Gloucestershire University
Brian Terry: Regents University

Chapter 4 in Global Sourcing and Supply Management Excellence in China, 2017, pp 97-101 from Springer

Abstract: Abstract Supply management is going through a significant paradigm shift as described in the previous chapters. Factors such as internationalisation, shorter product life cycles, risk management, increasing cost pressures and concentration on core competencies trigger this change. In short the reasons for the paradigm shift can be summarised as follows: Increasing cost pressures, globalisation Increased customers’ expectations Volatility of supply side and risk management Shorter life cycles and change from seller to buyer markets Specialisation and concentration on core competencies Early involvement of suppliers in product development (Fig. 4.1) Fig. 4.1 Traditional and modern schools in supply management (Adapted from Helmold 2013)

Keywords: Paradigm Shift; Core Competency; Short Life Cycle; Supply Management; Compound Annual Growth Rate (search for similar items in EconPapers)
Date: 2017
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DOI: 10.1007/978-981-10-1666-0_4

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