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

Ayodeji Dennis Adeitan; Clinton Aigbavboa; Oyindamola Cynthia Olubiyo

doi:10.1007/978-3-030-80462-6_26

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

Ayodeji Dennis Adeitan
, Clinton Aigbavboa
, Oyindamola Cynthia Olubiyo

Construction Management and Quantity Surveying

University of Johannesburg

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

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 language	English
Title of host publication	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
Editors	Stefan Trzcielinski, Beata Mrugalska, Waldemar Karwowski, Emilio Rossi, Massimo Di Nicolantonio
Publisher	Springer Science and Business Media Deutschland GmbH
Pages	208-214
Number of pages	7
ISBN (Print)	9783030804619
DOIs	https://doi.org/10.1007/978-3-030-80462-6_26
Publication status	Published - 2021
Event	AHFE 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 2021 → 29 Jul 2021

Publication series

Name	Lecture Notes in Networks and Systems
Volume	274
ISSN (Print)	2367-3370
ISSN (Electronic)	2367-3389

Conference

Conference	AHFE Conferences on Human Aspects of Advanced Manufacturing, Advanced Production Management and Process Control, and Additive Manufacturing, Modeling Systems and 3D Prototyping, 2021
City	Virtual, Online
Period	25/07/21 → 29/07/21

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 9 Industry, Innovation, and Infrastructure

Keywords

Globalization
Management tools
Market strategy
Supply chain

ASJC Scopus subject areas

Control and Systems Engineering
Signal Processing
Computer Networks and Communications

Access to Document

10.1007/978-3-030-80462-6_26

Cite this

Adeitan, A. D., Aigbavboa, C., & Olubiyo, O. C. (2021). Impact of Globalization on Current Practices in the Supply Chain Management of SMEs. In S. Trzcielinski, B. Mrugalska, W. Karwowski, E. Rossi, & M. Di Nicolantonio (Eds.), 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 (pp. 208-214). (Lecture Notes in Networks and Systems; Vol. 274). Springer Science and Business Media Deutschland GmbH. https://doi.org/10.1007/978-3-030-80462-6_26

Adeitan, Ayodeji Dennis ; Aigbavboa, Clinton ; Olubiyo, Oyindamola Cynthia. / Impact of Globalization on Current Practices in the Supply Chain Management of SMEs. 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. editor / Stefan Trzcielinski ; Beata Mrugalska ; Waldemar Karwowski ; Emilio Rossi ; Massimo Di Nicolantonio. Springer Science and Business Media Deutschland GmbH, 2021. pp. 208-214 (Lecture Notes in Networks and Systems).

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title = "Impact of Globalization on Current Practices in the Supply Chain Management of SMEs",

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{\textquoteright}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.",

keywords = "Globalization, Management tools, Market strategy, Supply chain",

author = "Adeitan, \{Ayodeji Dennis\} and Clinton Aigbavboa and Olubiyo, \{Oyindamola Cynthia\}",

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Adeitan, AD, Aigbavboa, C & Olubiyo, OC 2021, Impact of Globalization on Current Practices in the Supply Chain Management of SMEs. in S Trzcielinski, B Mrugalska, W Karwowski, E Rossi & M Di Nicolantonio (eds), 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. Lecture Notes in Networks and Systems, vol. 274, Springer Science and Business Media Deutschland GmbH, pp. 208-214, AHFE Conferences on Human Aspects of Advanced Manufacturing, Advanced Production Management and Process Control, and Additive Manufacturing, Modeling Systems and 3D Prototyping, 2021, Virtual, Online, 25/07/21. https://doi.org/10.1007/978-3-030-80462-6_26

Impact of Globalization on Current Practices in the Supply Chain Management of SMEs. / Adeitan, Ayodeji Dennis; Aigbavboa, Clinton; Olubiyo, Oyindamola Cynthia.
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. ed. / Stefan Trzcielinski; Beata Mrugalska; Waldemar Karwowski; Emilio Rossi; Massimo Di Nicolantonio. Springer Science and Business Media Deutschland GmbH, 2021. p. 208-214 (Lecture Notes in Networks and Systems; Vol. 274).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

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.

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KW - Management tools

KW - Market strategy

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M3 - Conference contribution

AN - SCOPUS:85142291855

SN - 9783030804619

T3 - Lecture Notes in Networks and Systems

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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

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Adeitan AD, Aigbavboa C, Olubiyo OC. Impact of Globalization on Current Practices in the Supply Chain Management of SMEs. In Trzcielinski S, Mrugalska B, Karwowski W, Rossi E, Di Nicolantonio M, editors, 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. Springer Science and Business Media Deutschland GmbH. 2021. p. 208-214. (Lecture Notes in Networks and Systems). doi: 10.1007/978-3-030-80462-6_26

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

Abstract

Publication series

Conference

UN SDGs

Keywords

ASJC Scopus subject areas

Access to Document

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