Supply Chain Management on Overseas Trade Enterprises

Supply chain management (SCM) has turned out to be latently precious approach to gaining access to competitive advantage and improving performance with increasingly escalating competition switching into among supply chains rather than between individual firms. This study is aimed at addressing influencing factors upon SCM of foreign trade firms and magnitudes. This study portrays the status concerning current literature in this area and summarizes five categories where each consists of several specific elements. Resorting to factor analysis, the study finds that establishing and integrating of SC cooperative relationship, SC flexibility, instituting and putting to use of information system are significant determinants whilst optimization of business procedure for SC and senior executives' belief, attitudes and backing. Amid these concrete determinants, ratio of business volume between a firm and its partners to its total turnover, joint decision-making in dealing patterns, fixing prices and drafting quality standards, member firms' mutual both trust and profit, and cushion capability defending environmental change are particularly significant for SCM success. Hence, it is necessary and imperative for foreign trade corporations to put efforts into these areas to consolidate according capability, eventually to achieve the aim of promoting SCM triumph.