TY - GEN
T1 - Impact of Globalization on Current Practices in the Supply Chain Management of SMEs
AU - Adeitan, Ayodeji Dennis
AU - Aigbavboa, Clinton
AU - Olubiyo, Oyindamola Cynthia
N1 - Publisher Copyright:
© The Author(s), under exclusive license to Springer Nature Switzerland AG 2021.
PY - 2021
Y1 - 2021
N2 - In recent times, the market strategy in which most nations that are already developed SMEs operation has witnessed a tremendous change in the past, due to the implementation of globalization, highly advanced technologies and supply chain management to its highly competitive market landscape. Nigeria SMEs have not fully taken advantage of these management tools because of lacking the quality or quantity required knowledge of globalization, research and supply chain management. The over dependence on crude oil as the major financial of its economy has caused a major neglect of other aspects of the economy such as garment industry, shoe making industry and textiles industries through inadequate or no funding. These reasons had prevented Nigeria SMEs to enhance its profitability and competitive advantage with the developed nation’s global market. The aim of this paper is to present a literature review on the impact of globalization on current practices in the supply chain management of Nigerian SMEs.
AB - In recent times, the market strategy in which most nations that are already developed SMEs operation has witnessed a tremendous change in the past, due to the implementation of globalization, highly advanced technologies and supply chain management to its highly competitive market landscape. Nigeria SMEs have not fully taken advantage of these management tools because of lacking the quality or quantity required knowledge of globalization, research and supply chain management. The over dependence on crude oil as the major financial of its economy has caused a major neglect of other aspects of the economy such as garment industry, shoe making industry and textiles industries through inadequate or no funding. These reasons had prevented Nigeria SMEs to enhance its profitability and competitive advantage with the developed nation’s global market. The aim of this paper is to present a literature review on the impact of globalization on current practices in the supply chain management of Nigerian SMEs.
KW - Globalization
KW - Management tools
KW - Market strategy
KW - Supply chain
UR - http://www.scopus.com/inward/record.url?scp=85142291855&partnerID=8YFLogxK
U2 - 10.1007/978-3-030-80462-6_26
DO - 10.1007/978-3-030-80462-6_26
M3 - Conference contribution
AN - SCOPUS:85142291855
SN - 9783030804619
T3 - Lecture Notes in Networks and Systems
SP - 208
EP - 214
BT - Advances in Manufacturing, Production Management and Process Control - Proceedings of the AHFE 2021 Virtual Conferences on Human Aspects of Advanced Manufacturing, Advanced Production Management and Process Control, and Additive Manufacturing, Modeling Systems and 3D Prototyping, 2021
A2 - Trzcielinski, Stefan
A2 - Mrugalska, Beata
A2 - Karwowski, Waldemar
A2 - Rossi, Emilio
A2 - Di Nicolantonio, Massimo
PB - Springer Science and Business Media Deutschland GmbH
T2 - AHFE Conferences on Human Aspects of Advanced Manufacturing, Advanced Production Management and Process Control, and Additive Manufacturing, Modeling Systems and 3D Prototyping, 2021
Y2 - 25 July 2021 through 29 July 2021
ER -
