The Present and Future Outlook of Process Improvement to Global Supply Chain Management

Research Paper (undergraduate) from the year 2019 in the subject Business economics - Supply, Production, Logistics, grade: A, Walden University (Business Administration and Technology), course: Global Supply Chain Management, language: English, abstract: The supply chain management process improvement elements of six sigma, benchmarking, reengineering and process mapping can serve as a tool for the identification, recovery from root causes of problems, and inefficiencies in the global organizations. Process improvement optimizes production, cost, and efficiencies in organizations pursuits of production, distribution, and sales. Process improvement for the next five years will be geared towards shorter time of product development, cost reduction, quality, and e- business. The e- business will improve customer services, information quality, planning collaboration, and the supply network activities. Successful process improvement management can lead to businesses operated internationally, thus more profits and giving backs to the communities in which they operate in the form of libraries, hospitals, clinics, and schools.