Essay on Abstract of Supply Chain and How Is the Effectiveness in the Global Economy

The focus of this study has been on green practices and lean practices which play an important role in enhancing the performance and capability of the supply chain. The theme of this research study was to evaluate the effectiveness of SCM in the context of global economy. The research questions in this study were concerned with whether a positive relationship exists between information sharing and supply chain performance, whether organizational performance and profitability are influenced by supply chain, and global economic strength and stability are affected by which factors. Meanwhile, the objectives of this study were to access the relationship existing between supply chain performance and information sharing and to analyze the aspects of supply chain having an impact on organizational performance and profitability among other objectives. In order to answer the research questions and accomplish these research objectives, two research methods were considered. Both secondary and primary research techniques have been considered in this research. The secondary research technique was literature review and the primary research technique was questionnaire which were considered in this research for collecting relevant data and analyzing it. In order to analyze the data, tools such as SPSS were utilized and results were obtained. It has been determined supply chain management has a direct relationship with organizational performance and global economy. In addition to it, it has been recommended in this paper that data from outside the US should also be considered for further broadening the study. Researchers can also utilize this research for developing their own studies.

List of Keywords: Supply Chain Management,, SCM, Global Economy, Organizational Performance etc.