A documented position paper Assignment Example | Topics and Well Written Essays - 1750 words

A documented position paper - Assignment Example This is kept going by strong ICT systems and processes that provides real-time information that links all stakeholders. The company’s international freight partners – DHL provide worldwide reach and specialized support. Also, Primark has made reasonable moves to limit reputational and ethical risks that come with operation in foreign markets around the world. This is done through strong monitoring mechanisms and corporate social responsibility. Primark is a UK-based clothing manufacturing and retail entity that originally founded in Dublin Ireland in 1968 (Primark Website). Today, Primark has over 200 outlets in Europe and North America. The company’s fundamental corporate strategy is based on an integrated global supply chain system through which the company designs its product in the UK and USA, sends the outlines to factories in developing countries like Bangladesh, Turkey and India where they are sewn and export it to the UK for onward distribution to Primark outlets around the developed world. This paper posits that Primark’s Global Supply Chain Management system is the firm’s primary cause of competitive advantage. In order to achieve this end, the paper will draw on evidential sources to show that the company saves a lot of cost by locating its manufacturing units in the developing world and sells them to consumers at high prices in the developed world. The integration of ethics and reputation i s the main means through which the company retains its continuous cost leadership system through the Global Supply Chain Management (GSCM) process. The global textile industry has gone through a major reformation after the Cold War ended (Kunz and Garna 3). This is due to the apparent trend towards the elimination of barriers towards international trade and the major disparities that exists in different parts of the world due to the differences in costs and values. The rational producer will seek to minimize costs and maximize sales revenue. Hence,