Essay --

I will attempt to outline below the key issues whether or not a multinational company is able to maximise its competitive advantage by controlling its own supply chain. Introduction There are many multinational companies which operate on such a high level worldwide such as Walmart, a multinational company is basically a corporation that is known to be registered in more than one country or that functions in different operations within a couple of countries. Multinational companies may consist of function between both procedures of selling goods or providing a service within different countries or continents. â€Å"Multinational companies, many of them extremely big, are today the most powerful agents of innovation† (Mattes, J. 2010) Production patterns have been known to drastically change significantly within the current economic globalisation. Many large multinational companies are known to compete against each other in there markets due to the increasing development of globalisation in the economy of countries. Many characteristics are mainly formed the implementation of supply chain management. A supply chain is basically the network which has been created amongst different companies producing, distributing or handling a specific product. In detail the supply chain takes upon the steps to get goods or services from the supplier to the customer. It is very important that supply chain management is composed correctly for multinational companies; most companies will strive to have an enhanced supply chain as it will normally tend to translate efficiently in lowering the costs for a company. â€Å"It is now apparent that the supply chain is the main artery of all businesses† (Poirier, C. C. 1999) Poirier stated how important the supply ch... ...bility and eliminated all the uncontrolled factors of staff shortage. When Walmart deliver its inventory it is known as customers by the distribution centres, cross docking is something what Walmart use very cleverly as this technique allows to reduce costs of handling operations and cutting down any storage of an inventory. â€Å"Walmart’s supply chain management has over 40 distribution centres† (Batten, L. 2008). Techniques implied by Walmart allowed them to take orders placed by stores and promoting them to ties they may already have with manufacturers, which would then give the chance for manufacturers to agree to their services they have proposed of refuse as there may be a non-availability of the goods at a certain time period. The result of this cross ducking allowed eradicating the warehousing process, and operates on demand chain rather than the supply chain Essay -- I will attempt to outline below the key issues whether or not a multinational company is able to maximise its competitive advantage by controlling its own supply chain. Introduction There are many multinational companies which operate on such a high level worldwide such as Walmart, a multinational company is basically a corporation that is known to be registered in more than one country or that functions in different operations within a couple of countries. Multinational companies may consist of function between both procedures of selling goods or providing a service within different countries or continents. â€Å"Multinational companies, many of them extremely big, are today the most powerful agents of innovation† (Mattes, J. 2010) Production patterns have been known to drastically change significantly within the current economic globalisation. Many large multinational companies are known to compete against each other in there markets due to the increasing development of globalisation in the economy of countries. Many characteristics are mainly formed the implementation of supply chain management. A supply chain is basically the network which has been created amongst different companies producing, distributing or handling a specific product. In detail the supply chain takes upon the steps to get goods or services from the supplier to the customer. It is very important that supply chain management is composed correctly for multinational companies; most companies will strive to have an enhanced supply chain as it will normally tend to translate efficiently in lowering the costs for a company. â€Å"It is now apparent that the supply chain is the main artery of all businesses† (Poirier, C. C. 1999) Poirier stated how important the supply ch... ...bility and eliminated all the uncontrolled factors of staff shortage. When Walmart deliver its inventory it is known as customers by the distribution centres, cross docking is something what Walmart use very cleverly as this technique allows to reduce costs of handling operations and cutting down any storage of an inventory. â€Å"Walmart’s supply chain management has over 40 distribution centres† (Batten, L. 2008). Techniques implied by Walmart allowed them to take orders placed by stores and promoting them to ties they may already have with manufacturers, which would then give the chance for manufacturers to agree to their services they have proposed of refuse as there may be a non-availability of the goods at a certain time period. The result of this cross ducking allowed eradicating the warehousing process, and operates on demand chain rather than the supply chain