Globalization and Business IT Research Paper Example | Topics and Well Written Essays - 3000 words

Globalization and Business IT - Research Paper Example al., 2008). Information technology (IT) and the globalisation of business have made the global supply chain very efficient and contributed to large profits in the business. Both IT and globalisation are aspects of modernisation and growth. IT sector is one of the most booming sectors and the globalisation focuses on the overall development of a country, market, sector and industry among others. Fedex, as a company, strongly believes in globalisation and therefore manages to provide its services globally. The company operates a large range of branded companies which come under the main brand Fedex, and all these companies serve logistics services. With the incorporation of IT, FedEx has been able to leverage superior globalised service by entailing technologically upgraded features in its global operations such as wireless technology and shipping along with tracking system (Network World Fusion, 2002; Cisco Systems, 1999; Butcher & et. al., 2008). Title IT and globalisation’s c ontribution to business for improving the supply chain cycle in a global scale: An illustration of FedEx Research Question For completing the proposed research, it is required to find out the contributions that are made by IT and globalisation in business and the process through which IT and globalisation has made the overall supply chain cycle more effective and contributed to greater profits in the business of FedEx. Therefore, for the completion of the proposed research study, the main question that will be addressed upon will be: How did IT and globalisation managed to improve the overall supply chain process in a global scale which resulted in improved business and profits for FedEx? Specific Project Objectives The... This essay approves that a proper understanding of globalisation and its positive effects in the context of supply chain should be understood and found. Apart from this, it should also be analysed that whether FedEx has already achieved a sustainable amount of growth or not. Whether the company has reached the saturation level or not? If yes, then are there any future scope of development for the company or does the company has any kind of future expansion plans. It is also required to be studied about the competitor companies of FedEx who are delivering similar services like the company to its customers. This report makes a conclusion that IT and globalisation are indeed very important factors contributing to the growth of business and it has made many contributions in changing the supply chain cycle. FedEx prioritises upon the concept of supply chain in a very prospective manner. However, there are few factors that require certain amount of understanding. The aim of this proposal has been to follow a proper research methodology which includes all the basic techniques of research and analysis for obtaining certain conclusion regarding the future plans, present operations, competitors and market standing of the company. In order to complete this proposed research, a questionnaire has been prepared which will be filled by the actual respondents/employees of FedEx and informal interviews will also be conducted in the company wherein the respondents will be the interviewee. These procedures will help in successful completion of the research by providing a clear picture of the operations in the company as well as the supply chain process that is currently being followed by the company and the different supply chain processes that the company may follow in the future.