Organizations
seek continuous change and their urge is more on competitive priorities. Today
business has become more dynamic as its emphasis is more on technological
advancement, customer expectation, customer satisfaction, new entrants, new
ventures, speed information and so on. To be on par with these factors, a
business has to think strategically and it has to redefine its vision and
mission.
Markets
are changing from time to time and it is transforming its role from
conventional marketing to strategic marketing. The organizations should rethink
logistics, operations and supply chain to establish their relation with the
customers in the long run.
Globalization
brought tremendous changes in supply chain management and there is a need for
strategic competitive move as the core objective of supply chain is to remove
the barriers between the business and its customers in order to maintain
customer service excellence. Strategic sourcing emerges as a vital factor to
integrate and support suppliers in to the supply chain intelligently. It
promotes cross-functional, intra and inter-organizational integration.
The
world is moving towards artificial intelligence and the technological
advancement is taking us from operations to data-driven process, making use of
data analytics. Today many functions are being carried out in the organizations
with the application of Big Data. Supply Chain Management is not an exception
to this. Digital evolution of FMCG is a feather in the cap for the business to
enter into global markets from local.
Please enter the email address corresponding to this article submission to download your certificate.

