This business report has been prepared to evaluate the global strategic approach to managing organisation supply chain. The organisation of focus is Abu Dhabi National Oil Company (ADNOC) operating in United Arab Emirates (UAE) oil and gas sector. In this highly competitive business environment, management of the supply chain is instrumental.
To achieve the intended aim of this report, the area of focus in evaluation included impact of market changes on the supply chain, sustainable global sourcing decisions, strategic logistical implications of globalisations and impact of supply chain management on corporate performance.
This has been enabled by referencing on various CIPS module notes models including SWOT, STEEPLED, Mendelow Matrix, Kraljic Matrix and Porter’s 5 Forces among others. Further, apart from the desk research available in ADNOC, secondary research has similarly been pursued.
The findings in this report evidence that market changes impact on the supply chain are influenced by the internal and external factors in the business environment.
Also, the findings indicate that sustainable global sourcing decisions impact the social, ethical and environment performance in selection of their suppliers. For ADNOC, priority is given to corporate social responsibility, responsible procurement and environment procurement. The strategical logistical implications of globalisation have been linked to inventory holdings, international logistics strategies, extending transport pipeline and multi-modal transportation.
From the findings in this business report, various gaps have been identified which can be managed through implementation of the following recommendations;
- Invest in collaboration, networking and technology for sustainable supply chain
- Improving supply chain development by providing capacity development for PS&M teams
- Holistic inclusion of stakeholders in conflicts management
- To include all tiers of supply chain for success in globalisation to manage all risks and performance challenges