Assignment Task: Conceptual Framework of Supply Chain Management
Conceptual framework provides foundational knowledge about the problem area. It educates the researcher about what studies have been conducted in the past and the conclusions in the problem area (Review of Literature)
1 Supply Chain Management Strategy - specify the movement of products and services from suppliers to distributors.
2 Legal, regulatory, and contractual obligations- Ensure supply chain activities and transactions are compliant with industry and organization standards and policies for quality, health, safety, accountability, social and environmental responsibility.
3 PESTEL Analysis- Monitor trends, emerging technologies, local and global, economic, political, and environmental issues to enhance supply chain performance and guide management decisions.