Supply chain Term Paper Example | Topics and Well Written Essays - 500 words

Supply chain - Term Paper Example housing allows for transport optimization in the supply chain and equips companies with the ability of working with optimal inventory based on economic order quantity and improved service quality. For instance, transport systems’ terminal points involve stockpiling activities aimed at producing full loads for further transportation. Warehousing a subset of supply chain and is used in storing unloaded goods within the major vessels (Shah 67). Industries that produce goods requiring longer periods of maturation between retail and production, warehousing is used in storing the goods based on the larger quantities. Products within modern todays markets have contributed to better product designs with diverse impacts of globalization coupled with ease in accessing alternative. The concept also generates demand through significant efficiency and effectiveness principles. There is increased demand and strategic pricing as supply and competition among firms increases on limited markets (Khan and Zsidisin 98). The impacts of globalization on supply chains are felt even in marketing as products have lesser distinguishing factors, and product design plays different roles in providing attractive features to markets. Demand generation can be used in defining interesting product designs in terms of demand creation. It involves the ability of product designs in generating demand through satisfaction of customer expectations. On the other hand, product design impacts demand generation and manufacturing quality, processes, lead time, and cost (Shah 23). Product design influences performance of associated supply chain as well as direct requirements. Supply chain management addresses issues such as production schedule, manufacturing, quantity, transportation, production policies, regulations, production technologies, quality, material selection, and laws. The supply chain success is dependent on product designs and supply chain capabilities. Efficiency in supply chain management