Research report Essay Example | Topics and Well Written Essays - 3000 words - 1

Research report - Essay Example Now-a-days, several organizations within the aerospace manufacturing industry are trying to select Singapore innovation hub for several favourable reasons. Being one of the leading aerospace manufacturing organizations, Rolls-Royce tried to focus on emerging South Asian markets in order to gain potential competitive advantages within this particular industry. The significant growth of the Asian market and effective business opportunities attracted the organizati0ons to develop its manufacturing hub in the emerging Asian Markets. Singapore is one state and one country. The government of Singapore is trying to influence the leading aerospace manufacturing organizations around the globe to invest within the country’s industry as this particular industry is playing a significant role in the economic development of country. The government as well as the policy makers are trying to limit the degree of external environmental challenges in order to attain positive economic growth rate in this particular period of global economic downturn. This essay will discuss about the challenges that are faced by Rolls-Royce in international supply chain management operation. In addition to this, this study will recommend some important facts and concepts that will help the management of the organization to mitigate the associated risks and improve its supply chain management performance in global market place. It is clear that Rolls-Royce has tried to implement several unique strategies in the business operation process in order to maintain its core competency in global market place. Rolls-Royce started to venture in the global aerospace business in the year 1990. Slowly and gradually, the organizations started to expand its business practices in global market places in order to increase its market share. However, it is true that that the organization capitalized several opportunities in the supply chain management processes