Supply chain or operational challenges Essay Example | Topics and Well Written Essays - 250 words

Supply chain or operational challenges - Essay ExampleCompanies have opted to relocate their manufacturing to low-cost countries across the world in order to respond to the customers satisfactions and demands on price expectations. The relocation is done to reduce the indirect and direct costs at the same condemnation minimizing taxes. Global suppliers contribute to the problems that come with tar eon that is extended. In the emerging markets, customers not only want products of lower prices but also timely delivery of their products.Global chain of supply is complex. Adding this to the ever-changing feature makes the challenge greater. The customers immediately put pressure to the company to come up with something big next time after the release of the product. Innovation is, therefore, an important element in todays market. To enhance their products, companies are forced to redesign their products so that they can invite the market demand. The demand of the customers in the mod ern market is more demanding than ever.Companies are trying hard to expand their distribution towards the emerging market to increase the harvest-festival in their revenues and market shares. Several companies are working had to expand both foreign and home markets. The introduction of new markets possesses difficulties from government policies, fees and trading policies. Companies have responded positively with global networks, expansion of markets and innovation of products. Several companies, today, rely on supply chain managers to optimize on the value chains so that they can confront competitive in the market (Shankar et al., pg.