supply chain management
, Lecture 1
outcomes
Learning
Megatrends r
geo-strategic
that are
and macro-economic
changing /
shaping the
forces
world 28 S
1) Globalization Most
signifigant factor
changing bus operations
The movement towards an
integrated global economy
-
Businesses must function in
global arena to remain competitive
2) The empowered consumer = BC of internet consumers access lots of info
-
.. Consumers can compare prices + services t quality
... Consumers demand competitive prices +
good quality
3) Shift in
global economic power-Western economic dominance is
waning
-
Countries in BRICS are transforming from
being sources of labour to consumption-focused
economies