Fast growing market in supply chain management

FAST GROWING MARKET1
FAST GROWING MARKET
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Module Title
Instructor
Date

FAST GROWING MARKET2
Contemporary issues in supply chain management
The Fast growing market.
Table of contents
Executive Summary- Synopsis.....................................................................3
Introduction..........................................................................................4
Background.........................................................................................................................4&5
Research: how to cope with fast growing economy............................................................5&6
Importance of fast growing market in supply chain management......................................6&7
The future of supply chain management in fast growing market.........................................7
Challenges faced by supply chain management in fast growing market...............................8
Conclusion.................................................................................................9
Recommendations.................................................................................................................9
References..............................................................................................................................10

FAST GROWING MARKET3
Executive Summary-Synopsis
Purpose – The purpose of this paper is to describe and explain the fast-growing market as one of
the critical, crucial contemporary supply chain management, reason why it is essential to the
supply, look at challenges faced by supply chain management in embracing fast-growing market
and the future survival of the supply chain management in this fast-growing market.
Scope – The paper will describe the need for embracing the fast-growing market by supply chain
management. It will look at how supply chain management will cope in this fast-growing
market, the importance of market growing fast for supply chain management, the future survival
for the supply chain in a growing market and challenges the chain supply management might
face will coping with a fast-growing market.
Methodology – This report reviews the published journals and literature on the fast-growing
market in effecting the supply chain management in the market. Most of the scholarly journal
and books used are from late years which align with current issues in supply chain and
marketing.
Findings – the fast-growing market has profoundly influenced the way supply chain management
to perform its duty in the line of distribution, manufacturing, and assembling of material. The
traditional ways of distributing content and customers (suppliers and distributors) have high
involvement in supply chain management due to a growing market.

FAST GROWING MARKET4
Introduction
The study in supply chain management is taking a complex path due to the rapid expansion in
the way logistics, purchasing, transportation, operations management, marketing, and R&D are
being influenced by the emerging supply chain management issues. These issues are data
archiving mechanisms and tools of production, globalization, quality and compliance and fast-
changing markets.
According to Michael (2018), these issues are not just emerging, but they are continuous
evolution under the influence of technology. Due to strategies and logistics geared towards
improving the way supply chain management operates, there are no inception new supply
methods. He believes the trend being experienced in supply is gradual input geared towards
achieving a revolution.
The reason for this paper is to illustrate and explain the how fast-changing market has impacted
the supply chain management and how manufacturers can embrace this in improving the supply.
Mohammed (2015) says the fast-growing market has a fundamental issue in supply chain and it
right to bring out problems such as the competitiveness of supply chain, collaborative supply
chain, and ethics supply chain environmental consideration in supply chain management and
supply chain integration through market strategies that are put in place by supply chain
management.
This paper will also explain how fast-changing market affects the behavior of the supplier and
that of consumers.
Fast growing market has also been in association with supply chain management problems. The
paper will take a look at some challenges and how to cope with a fast-growing market.