Friday, April 6, 2012

Global Business Competitiveness

Businesses have found it increasingly important to become competitive in the global business environment for several reasons. The advantages that come along with expanding into the international market place have given businesses a competitive edge over each other. The more efficiently that you can do business, the more money that you are going to be able to make. In order to dominate your specific market, executing effective operations management is key. If businesses cannot keep up with the face pace and standards of operations management in their industry, they will be left in the dust.
Operations management involves the acquisition, development, and utilization of resources for products, processes, services, and supply chains. Operations management is constantly advancing here is America as well as in countries around the globe. A software company in Walldorf, Germany named SAP was the originator of the concept of supply chain management server software (McGraw-Hill, 2006). It automated the supply chain management process.
I have been personally affected by this over the last year. I work for the Defense Logistics Agency and we are in the process of converting our supply chain management from BSM to EBS. Our EBS system was designed by that same German company, SAP.  We converted to the new system so that we can keep our supply chain management current and up to date with the acquisition industry. In order to be competitive, companies have to ensure that they are using the most innovative technology or their competitors will have the upper hand.
References
McGraw-Hill. (2006). Introduction to Operations Management. Retrieved from McGraw-Hill: http://highered.mcgraw-hill.com/sites/dl/free/0070965390/451252/samplech01.pdf

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