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Supply Change Management

In: Global Sourcing and Supply Management Excellence in China

Author

Listed:
  • Marc Helmold

    (Gloucestershire University)

  • Brian Terry

    (Regents University)

Abstract

Supply management is going through a significant paradigm shift as described in the previous chapters. Factors such as internationalisation, shorter product life cycles, risk management, increasing cost pressures and concentration on core competencies trigger this change. In short the reasons for the paradigm shift can be summarised as follows: Increasing cost pressures, globalisation Increased customers’ expectations Volatility of supply side and risk management Shorter life cycles and change from seller to buyer markets Specialisation and concentration on core competencies Early involvement of suppliers in product development (Fig. 4.1) Fig. 4.1 Traditional and modern schools in supply management (Adapted from Helmold 2013)

Suggested Citation

  • Marc Helmold & Brian Terry, 2017. "Supply Change Management," Management for Professionals, in: Global Sourcing and Supply Management Excellence in China, chapter 4, pages 97-101, Springer.
    • Handle: RePEc:spr:mgmchp:978-981-10-1666-0_4
    DOI: 10.1007/978-981-10-1666-0_4
    as

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