Supply chain modelling for the globalised age

This chapter provides a detailed review of the academic literature which considers the importance of supply chains to business and the process of their evolution through time. These issues are examined through a combination of theoretical and conceptual frameworks that explain the relationship between the problem statement relating to supply chain definition and selection and the known approaches to examining the supply chain. This review forms the backbone for further analysis at a later stage of supply chains and how they might be adapted and adopted for application in practical circumstances.This in turn will help companies to create feasible solutions that will identify the optimal supply chain strategy for their particular market in a way which is commonly difficult to ascertain.