Running head: SUPPLY CHAIN MANAGEMENTSupply chain managementName of studentName of universityAuthor note
1SUPPLY CHAIN MANAGEMENTTable of ContentsIntroduction......................................................................................................................................3Global Procurement Change............................................................................................................3Justifying the changes..................................................................................................................5Implementing the knowledge to the company.............................................................................6Global Network Management..........................................................................................................7Justifying the choice of theory.....................................................................................................7Implementing the theory to the company....................................................................................7Absorptive Capacity.....................................................................................................................8References......................................................................................................................................10
2SUPPLY CHAIN MANAGEMENTIntroduction Supply chain management is one of the most important business functions because itmanages the supply and exchange of products and services, raw materials and management ofinventories from the start to the finish. The management of supply chains at Dubai within theautomobile industry has helped in monitoring and executing the supply chain activities easily tocreate better value of the business, gain competitive advantage and increase supply to meet thedemands globally as well (firststop-mea.com 2018). One of the major example is First Stop inUnited Arab Emirates, which has managed to open over 200 stores worldwide by providing thebest quality products and services to the customers and fulfilling the four C's includingconvenience, comfort, care and confidence (Christopher 2016). The company has provided highperformance services for the cars through products like shock absorbers, air conditioning, brakesand better batteries. Global Procurement Change Global procurement is one of the most convenient ways of achieving success ininternational business. The changes within the organization has been possible by gaining the fullpotential of international sourcing through capitalization of the best quality suppliers in UAE andother parts of the world. While entering new foreign markets, it has become easy for First Stop tomeet the challenges in the international markets and from the competitors (Stadtler 2015).
3SUPPLY CHAIN MANAGEMENTFigure: Success procurement for organisational transformation (Stadtler 2015)
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