StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Critically Analyse the Evolving Role of Ports as Logistics Hubs in International Supply Chains - Essay Example

Comments (0) Cite this document
Summary
Table of Contents
Introduction 3
Literature Research 4
Dynamics of International Logistics 5
Maritime Logistics 5
Evolving Role of Ports 6
Role of Ports in International Supply Chain 7
Integration of Maritime Logistics with Evolving Global Supply Chain 8…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96.3% of users find it useful
Critically Analyse the Evolving Role of Ports as Logistics Hubs in International Supply Chains
Read TextPreview

Extract of sample "Critically Analyse the Evolving Role of Ports as Logistics Hubs in International Supply Chains"

Download file to see previous pages Case Example - Role of Rotterdam Port as a Logistic Hub in International Supply Chain 10
Conclusion 13
References 14


Introduction

Ports are often viewed as the geographical mediums which contribute to the business in any country. Ports facilitate to entice numerous trading activities within different nations. Ports not only act as a transport system, but also act as a medium of financial activity. Ports are logistic hubs which play a vital part in international business network (Lugt & Nijdam, 2005). Due to the continuous changes in global market context, the international business has changed significantly. Globalisation has eliminated numerous trade restrictions formerly imposed by the government of different countries which in turn has amplified the seaborne trade. The unprecedented growth of seaborne trade has generated huge impact on the logistics and global supply chain. The international supply chain has become quite multifaceted and this trend is stimulated by the demand of people all over the world. In line with the increasing change of demand, the logistics chains are changing continually with the improvement of ports. The paper is concerned with analysing the importance of port in global supply chain. The objective of the paper is to assess the various activities of port and how it has evolved to become one of the significant parts of logistics.
Literature Research
...
America, Africa and Middle East have demonstrated significant growths in import. The trade growth is higher than the global Gross Domestic Product (GDP) growth rate. The progresses in global GDP and merchandise business have essentially impacted on the seaborne business and the demand for transportation services. In the year 2007, the cargos transported through ports were forecasted to be around 8.02 billion tonnes which is similar to the yearly growth rate of 4.8%. In transportation, tanker represented almost one third of international cargo transportation. In seaborne trade, Asia was in the leading position with 40% share subsequently America which accounted for 23% share in seaborne trade in 2007. The shares of Europe, Africa and Oceania were 18%, 10% and 9% respectively. These three regions represented almost 80% of total freights (Buck Consultants International, 2009). According to an estimation of UNCTAD, the global seaborne trade will grow by 44% by 2020 and 88% by 2030 encompassing almost 11.5 billion tonnes and 16.04 billion tonnes correspondingly (Buck Consultants International, 2009). Dynamics of International Logistics Logistics is an activity which is liable for flow of materials. Usually, international logistics has been viewed as an integral part of commercial strategic planning. Logistics is considered as an unavoidable expense and appears within the boundaries of business. Organisations search for raw materials internationally in order to maintain low expenses. The expenses of logistics represent higher portion of sales. In present days, for several large multinational organisations, logistics expenses encompass more than 10% of sales revenue. These expenses are determined by internal as well as external aspects. Internally, ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Critically Analyse the Evolving Role of Ports as Logistics Hubs in Essay”, n.d.)
Retrieved from https://studentshare.org/business/1398733-critically-analyse-the-evolving-role-of-ports-as
(Critically Analyse the Evolving Role of Ports As Logistics Hubs in Essay)
https://studentshare.org/business/1398733-critically-analyse-the-evolving-role-of-ports-as.
“Critically Analyse the Evolving Role of Ports As Logistics Hubs in Essay”, n.d. https://studentshare.org/business/1398733-critically-analyse-the-evolving-role-of-ports-as.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Critically Analyse the Evolving Role of Ports as Logistics Hubs in International Supply Chains

The Universality in International Human Rights

The continuous changes in the international area have created the necessity for a flexible legal framework that could achieve the above target. However, in order for such a task to be successful, there must be a specific theoretical ‘vehicle’ that could present with accuracy both the existing situation, the problems under examination and the desired result. Towards that direction, the creation of the ‘international human rights’ sector gave to the nations the chance to organize their internal legal rules and their behaviour in the global area in the basis of a specific set of principles recognized by the international community as binding and directly applied in the interior of the participated countries. I...
10 Pages(2500 words)Assignment

The Role Played by Cultural Difference in International Politics

The discourse of multiculturalism is inconsistent. To its advantages belongs preservation of cultural pluralism, recognition, and protection of the diverse minority, refusal from xenophobia, chauvinism, and racial prejudices. Lacks are shown in ethnisation of social relations, the institutionalization of cultural distinctions, ignoring the liberal principle of priority of the rights of an individual.

The culture of any nation, defining its spiritual uniqueness, expressing its creative power and abilities, simultaneously is a property of all mankind. “According to official multiculturalism, no individual is forced to retain his or her culture, but all cultures are granted a universal right to celebrate and even to...
9 Pages(2250 words)Essay

An Overcorrection of Mary Magdalenes Biblical Role

A purely theological approach to DVC would be impossible since the claims the book makes takes issue with what has been supposedly left out of the bible. This essay will in no way attempt to question whether any non-canonical gospels should be considered; that sort of investigation should be left to historians.

As Brandon Gilvin states in Solving the Da Vinci Code Mystery, “It’s difficult to start a discussion on the creation of the bible from the Bible itself” (7). As the word of God is being questioned, it does us no good to turn to the Gnostic Gospels, the main sources of the claims of Mary Magdalene’s and Jesus’ marriage. In these texts, Mary Magdalene is the most mentioned person after...
11 Pages(2750 words)Essay

International Trade Theory

 Further to this, it is also believed that international trade can bring substantial economic welfare to the countries however still most of the countries do not view it as a favorable thing. Despite having a very promising and bright outlook, international trade has been largely viewed with suspension and it is because of this that governments impose barriers to restrict international trade. There can be many reasons behind this act of imposing restrictions or blocking international trade however there are also benefits on the other side too.

International trade has driven the attention of many of the brilliant minds in economics therefore the origins of the economic theory on international trade owe much to the c...
6 Pages(1500 words)Case Study

The Implications of International M&A

When an international merger or acquisition occurs when the company’s productivity improves through learning from partner firms or obtaining benefits from partners’ complementary assets. On the other hand, international M&A requires companies to restructure so that there could be overheads of coordinating corporate culture and the working environment.
In addition, even if there are no profits from international M&A, corporate managers might have a motivation to get hold of other companies if they have ambitions like “empire building” (Jensen (1986)). In these cases, a productivity loss may be found. Theoretically, it is difficult to determine whether productivity profits from international M&am...
11 Pages(2750 words)Assignment

The Role of Telecommunications in Growth

If information is significant to advancement, then telecommunications, as a way of sharing information is not only a relationship between people, although a connection in the sequence of the advancement processes itself. The role of telecommunications in broadcasting information can be predominantly important in rural regions where other methods of acquiring and transmission information for instance personal contact, transport, and postal services are expected to be less available.
Distance signifies time, in an all the time more time-conscious world. In economies that rely forcefully upon agriculture or the mining of resources, remoteness from urban markets has usually been improved only with the setting up of enhanced trans...
23 Pages(5750 words)Assignment

Globalization and International Business: Starbucks Corporation

The Small Business Encyclopedia defines globalization as the process by which the economies of countries around the world become increasingly integrated over time. This integration occurs as technological advances expedite the trade of goods and services, the flow of capital, and the migration of people across international borders (globalization, Answers.com).
The shreds of evidence of globalization are all around us. For example, Hill (2005) cites an example of an American driving a car designed and produced in Germany that was assembled in Mexico from components made in Japan fabricated by Korean steel and Malaysian rubber. The car is filled with gasoline from oil pumped from off the coast of Africa, at a service station o...
12 Pages(3000 words)Case Study

American Airlines: Supply Chain Nightmare

For this reason, it is necessary that all business sectors are carefully reviewed – as often as possible – for the appropriateness of their structure and their daily needs; managers may fail to evaluate with accuracy their firm’s needs, a fact that can cause the failure of plans applied on the relevant organization (Hardless, 2005). On the other hand, the needs of various organizational departments are different; the methods used for the improvement of a firm’s activities should be flexible taking into consideration the characteristics of the specific organizational sector, its strengths/ weaknesses but also its role in the development of the firm’s activities. Boeing is a firm with a long presence in...
15 Pages(3750 words)Case Study

Asher B. Durand and the American Landscape

..., which celebrated man’s relationship with nature and the wilderness it encompasses within. He helped to define an American sensibility about the land, setting it apart from European traditions. Durand’s influence hastened the decline of history painting in the mid 19th century and the rise in popularity of landscape paintings, which were increasingly considered great works of art. Durand was influenced by the British critic John Ruskin and advocated a naturalistic approach to landscape. At the age of 16, in the year 1817, Durand became a trainee to Peter Maverick, a well established artist of those times. In the middle decade of the 19th Century, landscape painting dominated the American art. Beginning with Thomas Cole, an English born...
7 Pages(1750 words)Essay

Internal and External Environmental Analysis for the Bakery Business

Liberalization of foreign investment and technology policy of the government is supportive of establishing industrial units in the country.

Threat: The UK food regulatory authority is planning to enforce the EC Regulations relating to food labeling. The labeling requirements under the new regulations will affect the food industry as the suppliers will be legally obliged to disclose the GM content of foods to the caterers. Thus business firms in the bakery industry also will be effected through the exclusion of flexible manner of labeling arrangements in the case of flour confectionery involving GM Soya or maize. (Genetically modified and novel foods (labeling) (England) regulations, 2000).

Trend: The new subs...
6 Pages(1500 words)Case Study

Relationship between Money Supply and Inflation in Saudi Arabia

Over the recent past, the effects of money supply, debt and inflation have become contentious issues for debate. Furthermore, frequent cautions concerning the risk of very large budgetary deficits aver that this would send up the upcoming state debt and capital rate as indicated by the rates (interests). As a nation, Saudi Arabia has a bi and enduring budgetary deficit over the past two decades and the government has been forced to go into the market so as to have loan access and to make up for the deficits. Given the impact of this on inflation and other economic variables, it's imperative and of great alarm for strategy architects (strategists) to understand how microeconomics has an effect on money supply, financial plan defici...
10 Pages(2500 words)Speech or Presentation

International Affairs v. Liberalism

As a matter of fact, Hoffman’s statement that “international affairs is the nemesis of liberalism” has a grain of truth in it and this is especially so after the 9/11 incident.
There are two schools of thought or perspectives that are used to view international affairs: liberalism and realism. The study of these two perspectives is significant to the idea posed by Stanley Hoffman because they determine the reasons why international affairs, according to him, does not only see eye-to-eye with liberalism but seems to stand on the opposing side of it.
Liberalism can be defined as having four elements: citizens; the legislature; property rights, and; a market-driven economy (Dunne 186). Realism, on the othe...
6 Pages(1500 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Critically Analyse the Evolving Role of Ports as Logistics Hubs in International Supply Chains for FREE!

Contact Us