International Logistics - Global Supply Chain Management - Research Paper Example

Comments (1) Cite this document
Summary
The paper "International Logistics - Global Supply Chain Management" states that people who adopted the technology way back became marred with problems like adverse customer outbursts to a seen invasion in their privacy, health issues, safety and integration and also RFID reliability…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.6% of users find it useful
International Logistics - Global Supply Chain Management
Read TextPreview

Extract of sample "International Logistics - Global Supply Chain Management"

Download file to see previous pages Logistics management is an integrating function that coordinates the entire activities in logistics, together with logistic activities related to other functions such as marketing, finance, sales manufacturing and information technology (Long 2003, p.12). There are a number of components in logistics management since it covers the entire business supply chain. Transportation logistics is one of the most discussed parts in these supply chain management. How a firm moves its goods from a certain location to a different one can have a monumental impact on general performance (Long 2003, p.10. In a number of cases, this sector of the supply chain becomes given to a third party that deals with transportation. This enables a business to manage all the seasonal and market demand changes, reducing the desire to hire and fire workers based on the business cycles. Nevertheless, transportation is just but a piece of logistics. There exist sectors in the supply chain that get governed by this logistic management. These are; warehousing, supply, order fulfillment, transportation and also customer service (Long 2003, p.11). Supply majors with the capability of securing goods or even raw materials that will later get sold to the consumer as finished goods. Running an appropriate supply requires considerable forecasting in demand, and the sound understanding of the minimum requirements in production to turn to profits (Long 2003, p.10). All the buyers based in the purchasing department, are solely responsible for getting the necessary raw material or goods, for the best available price and having the products in their possession when needed. Firms should have knowledge of the trends in the market to predict the supply that people will need and to use this information to manage raw materials for the production of goods in order to meet the high demand. Manufacturers find this sector of the supply chain a little complex (Long 2003, p.11). They can employ a few vendors to make sure they will always locate all the raw materials the firm requires. They should always be aware of the lag times for these raw materials to reach their base. If any raw material takes three months to arrive from the date of purchase or order, the business should have not less than a three month supply on hand (Long 2003, p.14). The suppliers should be at all times monitored and counted. Transportation The transportation logistics does not only apply to the acquisition of raw materials and goods to the warehouse but to supply all the retail locations (Long 2003, p.15). In other instances, the sales force moves with the goods at hand in a way to different retail stores, as with beverages and snacks. In a number of instances, leading retailers get shipments of goods from these warehouses. Where the movement of goods takes freight through country borders or state lines, management in logistics should address compliance with the set regulations whether local, federal and even international. Vehicles that get registered improperly or fail to reach the Transportation Department regulations can totally spoil a firm’s ability to transport goods when required (Long 2003, p.16). Such delays lead to additional costs as other third parties must become hired to take the goods where they should be on time.  ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(International Logistics - Global Supply Chain Management Research Paper, n.d.)
International Logistics - Global Supply Chain Management Research Paper. Retrieved from https://studentshare.org/information-technology/1400968-logistics-and-operations
(International Logistics - Global Supply Chain Management Research Paper)
International Logistics - Global Supply Chain Management Research Paper. https://studentshare.org/information-technology/1400968-logistics-and-operations.
“International Logistics - Global Supply Chain Management Research Paper”, n.d. https://studentshare.org/information-technology/1400968-logistics-and-operations.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
xb
xbode added comment 3 months ago
Student rated this paper as
This research paper was always my weak point. I could never complete it successfully. Still, after I found this particular document, I understood how it should be done. So, I performed my research afterward and completed the research paper in several hours, instead of weeks as it was previously.

CHECK THESE SAMPLES OF International Logistics - Global Supply Chain Management

Strategic supply chain & logistics management

... http://0-web.ebscohost.com.wam.city.ac.uk/ehost/search/advanced?sid=6354a166-6b3e-4b62-b493-828d5c925f5e%40sessionmgr115&vid=3&hid=108 Richard Gulati and James Oldroyd. 2005. “The Quest for Customer Focus.” Harvard Business Review [e-journal], Available through: City University London [Accessed 11 May 2011]. Taylor, David H. 2008. “An Application of Value Stream Management to the Improvement of a Global Supply Chain: A Case Study in the Footwear Industry.” International Journal of Logistics: Research and Applications Vol. 12, No. 1, February 2009, 45–62... by the growing tide of globalization. It is a knowledge-based organization and its workforce is composed of a pool of talented and expert individuals. Zara has invested...
8 Pages(2000 words)Essay

Logistics & Supply Chain Management

...Logistics and Supply Chain Management Inserts His/Her Inserts Grade Inserts 11 May Hughes (1998) Road maps are used as guides for evaluation performance. The research focuses on XYZ Company which is part of a large multi-national American organization they assemble transmissions for the North American Truck market. The research focuses on the company’s use of roadmap in the re-organisation of the company as part of its operational adjustment. The road map is an excellent benchmark for attaining the companys goals and objectives. 1. The different strategies needed to be employed to each of the 4 categories of suppliers and material/equipment purchased. Current...
9 Pages(2250 words)Essay

Walmart-International Logistics and Supply Chain Management

...?Walmart-International Logistics and Supply Chain Management By of [Word Count] Introduction Wal-Mart wasfounded by Sam Walton in 1962 as WAL?MART and was incorporated on October 31, 1969. It first traded publicly at the New York Stock Exchange in 1972. The headquarters of the company is in Bentonville, Arkansas (Frank, 2006). Wal-Mart runs a chain of large discount department stores and warehouse stores all over the world and it is run by the Walton family, which owns 48% of Wal-Mart’s shares. Wal-Mart is conceivably one of the leading retail chains stores in the world. The chain store is renowned for its efficient supply chain management and control practices, which have enabled it to perform beyond the reach of its competitors... ,...
10 Pages(2500 words)Assignment

E-Logistics and International supply Chain Management

...E-LOGISTICS AND INTERNATIONAL SUPPLY CHAIN INTRODUCTION Logistics is the process using which the companies operate and ensure procuring, maintainingand transporting the material and facilities in the most efficient manner (Stank, Keller, & Daugherty, 2001). With the advancements in information technology automation of the logistics function has been made possible. These include automated port and rail road operations, RFID tagging of material and ensuring efficient management of warehousing and inventory operations. The development within the field itself and removal of trade barriers continues the process of expansion...
6 Pages(1500 words)Essay

E-Logistics and International supply Chain Management

...Supply Chain Business and Service Lifecycle Management Challenges. Available from http://www.theferrarigroup.com/supply-chain-matters/2013/07/01/rolls-royce-continues-to-address-extrordinary-supply-chain-business-and-service-lifecycle-management-challenges/ [Accessed 19 March 2014] Grant, J. (2014). Aerospace manufacturers head to Singapore innovation hub. Available from http://www.ft.com/intl/cms/s/2/fc571026-8501-11e3-8968-00144feab7de.html#ixzz2tgT5Vas4 [Accessed 19 March 2014] Keat, L. (2014). Logistics and supply chain management....
14 Pages(3500 words)Essay

E-Logistics and International Supply Chain Management

...E-Logistics and International Supply Chain Management Contents Introduction 3 Discussion 4 The relationship management process 4 The customer service management process 5 The demand management process 6 Manufacturing Flow Management process 6 E-Procurement 7 E-Commerce 8 E-fulfilment 9 Conclusion 9 References 11 Introduction In order to achieve effective integration and coordination with a network of organisations including the suppliers, distributors, vendors, customers, it is critical for a company to emphasize on its supply chain management systems (SCM). Supply chain management enables the organizations to manage the different upstream as well as the downstream relations with an objective to create more value... to...
6 Pages(1500 words)Essay

E-Logistics and International Supply Chain Management

...E-Logistics and International Supply Chain Management Table of Contents 2. Factors that Drive Rolls‐Royce to Choose Singapore as its Manufacturing Location for Making Sophisticated Engines and Parts 4 2.1 Sympathetic and Transparent Political System 5 2.3 Geographical Location and Connectivity 7 2.4 Skilled and Competent Human Resource 7 2.5 Cultural Openness 8 3. Potential Challenges/Risks to be Considered by Rolls‐Royce to Increase Its International Supply Chain Performance 9 3.2 Growing Demand of the Global Aerospace Manufacturers 10 3.3 Recent Collaboration with Tier II...
13 Pages(3250 words)Research Paper

7045ENG-: GLOBAL LOGISTICS & SUPPLY CHAIN MANAGEMENT

...by adhering to a set of methods to robustly integrate suppliers, producers, stock-keeping units (SKUs) and customers to produce required quantity and transport it to the given place at the right time to control system wide expenses while meeting service level requirements. The general view on SCM is that it assists in attaining the final objective of reducing inventory (Khan et al., 2010). An effective supply chain has three levels; the first level is fulfilled internally; it is related to logistics and procurement. The second level helps firms in attaining optimisation via integrated management of supply chains. Other...
11 Pages(2750 words)Essay

GLOBAL LOGISTICS AND SUPPLY CHAIN MANAGEMENT

...GLOBAL LOGISTICS & SUPPLY CHAIN MANAGEMENT Q1. Demand 8000 Mtrs Ordering cost $ 1000 per order Holding cost $ 2000No. of days 365 Current order qty 4000 a) Annual Total Using Current Policy Tc = Oc + Ch. Tc = D/a CO + 1/2 QCH Tc = {8000x365/4000 x 100} + {1/2 x 4000 x 2000} – sh. 4,730,000, where Tc. is total cost, D is demand, and Ch is carrying cost Definition of EOQ Arguably, Economic order quantity is a model used in enabling companies making the optimal quantities of stock; notably, the quantity amounts is recorded as the ordering and holding cost and are minimized. In simple terms, companies use EOQ model in minimizing costs that are related to inventory and ordering costs. Therefore, EOQ can be defined as the model used... in...
4 Pages(1000 words)Essay

Logistics Global Supply Chain Management

...«Supply Chain Management and Globalization» 1. Introduction The modern world has allowed man to break all geographical barriers and has given opportunities that were never imagined. The concept of globalization is more common than ever before. Organizations have expanded their businesses into the international markets and increased the competition for the local markets. The customers are now exposed to more choices and brands which raises the need for the local companies to deliver more quality products. If quality services or products are not delivered by the local markets then the customer switches brands to other...
10 Pages(2500 words)Case Study
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 Research Paper on topic International Logistics - Global Supply Chain Management for FREE!

Contact Us