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Write a 11 pages paper on analysis of a production chain. The stages are however not exhaustive. In spite of the goodness of the resultant globalisation due to spreading of the production chain across
Write a 11 pages paper on analysis of a production chain. The stages are however not exhaustive. In spite of the goodness of the resultant globalisation due to spreading of the production chain across the globe, it renders labour a face-less force thus lacking in ethics and human values which are important ingredients for motivation.
The objective of this paper is to examine what production chain is and how it has transformed over the years within the context of globalisation. The outline of the analysis will be definition of the supply chain, its components, and the production chain as one of them. An industry will be studied for the purpose of learning how a production chain will operate. Further, the purpose of the supply chain and how globalisation has impacted the production chain and the emerging ethical issues will also be examined.
Supply chain describes or portrays the logistic flow of materials from front end to back end of a firm. At the front-end is the raw material supplier and at the back-end is the customer. In between, there are manufacturing, transportation and distribution. . The supply chain management aims at a seamless flow of materials through these links so that maximum efficiency is achieved through what is known as logistics. Supply chain has much to do with its management rather than knowing what the supply chain is since the links have been there ever since businesses started. Only it has now been scientifically stated as links mainly for the purpose of their management. As stated, it starts with raw material supplier who supplies material to the manufacturing firm which in turn transfers the manufactured product to the transporters known as logistical support who ultimately delivers it to the consumer through wholesaler and retailer. These are entities playing integral roles in supply chain of the manufacturer in the chain. For him, it is the flow of materials from front-end i.e the raw material supplier and back-end, i.e the consumer.