Supply chain management and the Romanian transition

Glaser-Segura, Daniel and Anghel, Laurentiu-Dan and Tucci, Jack (2006): Supply chain management and the Romanian transition. Published in: Amfiteatru Economic , Vol. Anul V, No. Nr.19 (February 2006): pp. 18-26.

Abstract

Supply Chain Management (SCM), defined here as the construction of productive systems spanning over organizational borders with suppliers and customers and integrated via humanbased and information technology systems to satisfy final customer requirements, is introduced as a key concept to accelerate Romania’s economic transition as it approaches EU membership, as well as to develop a modern supplier network. We introduce SCM from a system perspective along three broad areas: input, operations, output and system integration activities. We close by introducing constraints to SCM implementation in Romania. The first major constraint involves a lack of appropriate physical and human capital. Modernization of antiquated equipment and training employees in modern operations practices are prime requisites. The second major constraint, and perhaps the more difficult to change, deals with a lack of social capital among Romanian firms and adapting to appropriate managerial and worker values and attitudes.

• Item Type: MPRA Paper
• Institution: Academy of Economic Studies Bucharest
• Language: English
• Keywords: Supply Chain Management; Social Capital; Transition Economy; Economic Development
• Subjects: M - Business Administration and Business Economics ; Marketing ; Accounting ; Personnel Economics > M2 - Business Economics

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