8 Sustainability Customers increasingly prefer products that are made and

8 sustainability customers increasingly prefer

This preview shows page 3 out of 3 pages.

8) Sustainability: Customers increasingly prefer products that are made and sourced in ‘the right way’; minimizing business’ social, economic and environmental impact on society and enhancing positive effects. 9) Compliance: Anti-bribery and corruption legislation is having an increasing impact on supply chains, since multinational companies demand that no facilitation payments are made during the export of their goods, yet still seek to source from low cost countries, which are often also at the bottom of Transparency International’s global corruption index. 10) Partnerships: Manufacturers continuously search for supply chain innovations and gains through partnerships with logistic service providers. 11) End-to-end visibility: Complete visibility of the entire supply chain aspires to achieve true demand-driven planning, allowing efficient response to changes in sourcing, supply, capacity and demand. 12) Complexity: Supply chains are becoming increasingly complex and dynamic with sourcing locations being changed increasingly quickly and purchase orders becoming smaller and more frequent. These developments will have their effect on day-to-day logistics, and companies will need to prepare for ‘the new normal’ in supply chain management. With all these changes, staying up-to-date on the latest trends in logistics is more important than ever.” QUAL 54998 – Assignment #3 – jun2015 Page 3 of 3
Image of page 3

You've reached the end of your free preview.

Want to read all 3 pages?

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes