Global Supply Chain | EssayIvy.com

Running head: GLOBAL SUPPLY CHAIN 1

Global Supply Chain

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GLOBAL SUPPLY CHAIN 2

Global Supply Chain

Question I

Green supply chain management refers to the eco-friendly logic which is put in place in

all conventional supply-chain management practices. It encompasses initiatives from the design

of a product, raw material outsourcing, manufacturing, delivery, and the after-use life

management of a product. Both the concepts of supply chain management and green/sustainable

models mutually reinforce each other. The triple bottom line is based on the economics,

environment and social dimensions.

Question II

According to the Urban Mobility Report (UMR), in the year 2007, the congestion on US

roads led to a consumption of $78 billion in wasted time and fuel. Apart from the longer travel

times and expense accrued from congestions, the cost of it incorporates the impact it has on the

environment and also on individuals’ productivity (Schrank et al., 2015). As such it suffices to

mention that the traffic congestion costs incorporate the incremental delay, pollution emissions,

and the associated vehicle operating costs.

Question III

GPS navigation tools are among the essential elements for a modern-day truck driver.

Apart from helping them avoid traffic jam they conveniently aid the driver to follow on the

correct routes ensuring that they make their deliveries on time. Among the key attributes of an

effective GPS unit is one which ensures that the efficiency, safety, fuel logging and time savings

are well encompassed in its model of operations (Ganin et al., 2017).. The advancements in truck

navigation have also facilitated GPS systems to be equipped with driver assist features which are

specific to the industry of truck-related points of interest. As such when drivers enter a particular

GLOBAL SUPPLY CHAIN 3

location they are provided with information on nearest repair and towing services, weigh station

and even rest stops. The technology also makes it easier now for effective fleet management as

managers can track the start and stop times of vehicles along with the specific location of a truck

at any given time.

Question IV

Similar to any product in a free market structure, the price for natural gas commodities

fluctuate due to the supply and demand forces in the industry. The costs and expectations about

the associated cost of oil comprise of the major determinant factors that influence on how

companies in the industry allocate their resources. Prices, in turn, create a specific incentive

which influences the supply and demand in determining fuel prices. The three major supply-side

factors that affect prices include the amount of natural gas production, the level of natural gas

shortage and the volume of natural gas imports and exports. On the other hand, the major

demand-side factors that affect the process are the variations in winter and summer weathers

where people get influenced on how much they drive the level of economic growth and the

availability and prices of other fuels.

Question V

Part of the key technological trends making an impact in the logistics and supply chain

industry is the automation process which has been well incorporated in many distribution centres

across the world (Mangan & Lalwani, 2016). Another attribute is the incorporation of vendor-

managed inventory which has streamlined inventory management by involving the collaboration

between the end customers and suppliers transforming the traditional ordering process.

GLOBAL SUPPLY CHAIN 4

References

Mangan, J., Lalwani, C., & Lalwani, C. L. (2016). Global logistics and supply chain

management. John Wiley & Sons.

Ganin, A. A., Kitsak, M., Marchese, D., Keisler, J. M., Seager, T., & Linkov, I. (2017).

Resilience and efficiency in transportation networks. Science advances, 3(12), e1701079.

Schrank, D., Eisele, B., Lomax, T., & Bak, J. (2015). 2015 urban mobility scorecard.

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