Contemporary Supply Chains Shaped by International Trade Trends

Abstract

The success of global trade depends on various factors. Supply chains play a crucial role in reshaping international trade dynamics. The scholarly focus expanded to earlier historical periods by examining the evolution of business models after World War II. Business history has been shaped by numerous technological, social and economic factors. These include Just-In-Time philosophy, social policies, ideological theories, and management approaches. This chapter begins by examining the contemporary concept of Supply Chain Management, followed by an examination of contemporary supply chain models of some prominent multinational giant companies. These case studies, covering modest logistics practices, are useful tools for understanding the interaction between supply chains and international trade.