Journal Review 5 BAPONTE

Journal Review 5 BAPONTE - 1 Running Head JOURNAL ARTICLE...

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1 Running Head: JOURNAL ARTICLE REVIEW 6 BUSI613 Supply Chain Management Journal Article Review 6 Betzaida Aponte Liberty University
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2 Running Head: JOURNAL ARTICLE REVIEW 6 Statement of Author’s Purpose and Background Organizations use processes to create value for the business, taking everything from ordering materials from vendors and fabricating products to shipping goods to customers and being able to adjust depending on the market demands. In the article, “Supply chain opportunity in an uncertain economic recovery”, Eric G. Olson researched how businesses adapt in times of market uncertainty by growing or reducing their operations to create profit margin for economic recovery. According to Olson (2010), it does not matter how the world’s economy ultimately recovers, businesses cannot just “wait and see” how the economy will turn out and guess how the organization can capture growth opportunities (Olson, 2010, pg. 488). Supply chain managers can help increase growth, by making their operations more flexible and scalable as they forecast economic recovery and increase capacity (Olson, 2010, pg. 488). In the article, the method of scalability is discussed and the author gives insights as to how both scalability and flexibility can be less costly and are easier to achieve even in the middle of a recession (Olson, 2010, pg. 49). During economic downfall, businesses scale down their operations and supply chain capacity, often to “bare-bones” levels, however as the economy begins to grow, the flexibility and scalability design can be used in the supply chain strategy, helping to make adjustments in growing back operations as economic growth turns around (Olson, 2010). The supply chain management performance is associated and aligned with supply chain strategy and economic uncertainty ( Sun, Hsu & Hwang , 2009). In addition the supply chain management performance also includes adaptability to change when companies
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