Agile Supply Chain: competing in volatile markets

Caifeng LI

Abstract


Abstract: Turbulent and volatile markets are becoming the norm as life-cycle shortens and global economic and competitive forces create additional uncertainty. Under uncertainty volatile competitive environment, supply chain are reaching the point where they need to be more agile-intelligent, fast in movement, flexible, and efficient customer responsive to changes, this paper suggests that the key to survival in these changed conditio ns is through agility- Float like a butterfly and sting like a bee, especially, by the creation of efficient consumer responsive supply chain. A definition and the route are addres sed, meanwhile the paper discuss the approach that using agile supply chain to competitive in the volatile and turbulent markets.
Key words: agile supply chain; information technology

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DOI: http://dx.doi.org/10.3968%2Fj.mse.1913035X20090302.009

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