A supply chain that achieves that is lean and agile. It is well planned and well managed to fulfill customer orders efficiently and responsively.
Published in Chapter:
Evolutional Characteristics of the Global Supply Chain in Various Industries
Yanghua Zhou (Edogawa University, Japan)
Copyright: © 2022
|Pages: 23
DOI: 10.4018/978-1-7998-9800-9.ch014
Abstract
In this chapter, a literature review and abstract analysis is conducted on the evolutional characteristics of the global supply chain in various industries of the developed country of Japan and the emerging economy of China, respectively. It finds that in both countries, with the advancement of Industry 4.0, high-tech approaches, such as big data, AI, and DX, are gradually being utilized in the GSC. These approaches greatly contribute to its improvement in terms of efficiency, performance, and anti-risk capabilities. In addition, reducing costs and raising efficiency are effective measures for optimizing the GSC. Specifically, warehouse integration, positioning of warehouses, matching and sharing consumers' needs with both suppliers and agencies, further informatization and visualization of goods, innovative packing methods, reducing container numbers, and storage points are worth considering. A common SC platform and better SC resilience are expected. Other specific measures are also discussed.