Proposal Assignment Example | Topics and Well Written Essays - 750 words

Proposal - Assignment Example These factors raised issues for the company with regard to Supply Chain Management (SCM) which further caused substantial decrease in stakeholders’ confidence. In this regard, the company will be provided with the opportunity of devising as well as implementing better policies and standards with the objective of improving business operations of its suppliers on a global context (Wal-Mart Stores, Inc., â€Å"Ethical Sourcing†). Solution In order to mitigate the above described SCM related issue, Walmart decided to undergo a massive restructuring process. In this context, the suppliers of the company were required to be ISO 9000 certified in order to provide goods to the company adhering to the specified quality standards which would not only assure an effective holistic approach in its SCM practices, but shall also prove beneficial in revitalizing stakeholders’ confidence. Moreover, with the ISO certification of suppliers, the company also expected to vitalize its ability to assure that the goods procured are in accordance with the specified quality standards. ... All these initiatives have apparently aided the company and its suppliers to perform their business operations applying increased ethical concerns in terms of quality and transparency (Plambeck and Denend, â€Å"The Greening of Walmart’s Supply Chain†). Why did you pick this topic? SCM is determined to be an important element for retailing and other related companies to perform their business operations in an effective manner. Moreover, with the growing demand for superior quality of goods and/or services are observed among consumers in worldwide market segments. The case of Walmart in relation to the SCM issues has been adopted for identifying the importance of ISO 9000 certification among companies which presents a relatively challenging and unique doctrine to be studied. What is it about this topic that interests you? The topic is based on the notion which signifies that SCM practices, within the organizational context are determined to be an important element which is essential to procure quality goods or services in an efficient manner. It is worth mentioning in this context that with the development of technology and globalization effects, the market competition has intensified. In this respect, consumers are also recognized to be demanding for superior goods at competitive prices. This particular understanding can be apparently observed with reference to the SCM practiced within Walmart wherein the suppliers are required to be ISO certified in order to assure that the goods procured are in accordance with the specified quality standards. Moreover, this topic also seemed to be emphasizing on the importance of principles and standards for conducting SCM operations in an ethical manner within the global periphery. What

New look on Globalization Essay Example | Topics and Well Written Essays - 2000 words

New look on Globalization - Essay Example New look on Globalization Globalization as a process is looked from a broad perspective. It had come about due to the continuous strong influence by the economy worldwide, social and cultural aspects weighing out the national and regional processes (Beck, 2000). This process is not new. It has historical roots running deep. However, a change in the world in the form of space and time due to the revolution in communication and information signifies a qualitative breakthrough from the past. Globalization has therefore greatly underway globally (Mittelman, 2000). The support got a high rate of change in technology, by price, trade liberation, and through growing advantages of supranational rules, exposing national economies to an intensive competition. Globalization has therefore been seen as being caused by a change in the views of the world, products, ideas, and cultural aspects (Weinstein, 2005). Transportation and telecommunication advancement, including telegram and internet development are all main factors of globalization, forming more interdependence of cultural activities and economy. From the advancement achieved by the countries nationally and internationally, I view globalization as something with historical background, evolving culturally and economically, forming ancient, early modern and late modern stages. Beck (2000) is one of the people who have talked extensively on this concept of globalization, and he argues that globalization is a process that existed many years ago, and it began with the voyages of Vasco Da Gama.