The management of supply chain processes and the adaptability research in manufacturing companies

Abstract

Changes in inflation and employment level and the globalization process that has opened up a global market brought some new challenges regarding competitiveness. Consequently, executives of many companies started to search for unconventional and novel ways for doing business in the market more effectively and at the same time more profitably, as the former factors of competitiveness – low cost of labour force and raw materials – are already in the past. It is commonly believed that in order to satisfy the ever-growing expectations of customers, importance of the other competitiveness factor arises, namely importance of the issue of increasing work efficiency. Optimization of business and manufacturing processes through supply chain management represents one of the least utilized means for increasing work efficiency in Lithuania. [...]