Impact of Globalization on Current Practices in the Supply Chain Management of SMEs

Ayodeji Dennis Adeitan, Clinton Aigbavboa, Oyindamola Cynthia Olubiyo

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

1 Citation (Scopus)

Abstract

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.

Original languageEnglish
Title of host publicationAdvances 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
EditorsStefan Trzcielinski, Beata Mrugalska, Waldemar Karwowski, Emilio Rossi, Massimo Di Nicolantonio
PublisherSpringer Science and Business Media Deutschland GmbH
Pages208-214
Number of pages7
ISBN (Print)9783030804619
DOIs
Publication statusPublished - 2021
EventAHFE Conferences on Human Aspects of Advanced Manufacturing, Advanced Production Management and Process Control, and Additive Manufacturing, Modeling Systems and 3D Prototyping, 2021 - Virtual, Online
Duration: 25 Jul 202129 Jul 2021

Publication series

NameLecture Notes in Networks and Systems
Volume274
ISSN (Print)2367-3370
ISSN (Electronic)2367-3389

Conference

ConferenceAHFE Conferences on Human Aspects of Advanced Manufacturing, Advanced Production Management and Process Control, and Additive Manufacturing, Modeling Systems and 3D Prototyping, 2021
CityVirtual, Online
Period25/07/2129/07/21

Keywords

  • Globalization
  • Management tools
  • Market strategy
  • Supply chain

ASJC Scopus subject areas

  • Control and Systems Engineering
  • Signal Processing
  • Computer Networks and Communications

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