Nobody downloaded yet

Evaluate the effectiveness of logistics management as a method of gaining competative advantage within Youngs Seafood , Grimsby and how this relates to the wider supply chain - Essay Example

Comments (0) Cite this document
Summary
In physical terms, the customer is the final destination of the product which is in turn linked through a marketing channel. This…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.4% of users find it useful
Evaluate the effectiveness of logistics management as a method of gaining competative advantage within Youngs Seafood , Grimsby and how this relates to the wider supply chain
Read TextPreview

Extract of sample "Evaluate the effectiveness of logistics management as a method of gaining competative advantage within Youngs Seafood , Grimsby and how this relates to the wider supply chain"

Download file to see previous pages Further, the paper also discusses how this concept relates to the Supply Chain Management.
Logistics is defined as “the time-related positioning of resources”. A good logistics supply chain would include the right resources in the right place, at the right time, right quality/quantity and at the right cost.
It took some time for the company - Young’s Sea Food to accept logistics as a management process. Most of their competitors have already established this sector as one of the foundation stones to deliver diverse services and products while aiming high profit margins and customer satisfaction. Today, logistics management is acclaimed as a combining process that provides information networks and necessary infrastructure essential for the development and functioning of global supply chains.
The company - Young’s Sea Food has already taken various initiatives such as real time manufacturing and distribution, supply chain engineering, efficient consumer response systems and the lean models. The main aim of the company management is to search for new levels of supply chain efficiency and integration. Supply chain collaboration remained an elusive goal for the management. The company’s management has recognized that the future to competitive edge is to define internal improvements and plan far outside the frontiers of the normally envisioned enterprises. In today’s global and volatile market and with ever increasing competitors for Young’s Sea Food, the consumer demands are rising by the minute. It is now acknowledged as a strategic necessity, to forge partnerships beyond geographical and industry-vertical boundaries. Collaborative planning systems are providing the capabilities for accelerating the co-management of planning processes and efficient sharing of information. Logistics collaboration and sharing of infrastructure needs to become a reality for the company in order gain an edge over other market ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Evaluate the effectiveness of logistics management as a method of Essay”, n.d.)
Retrieved from https://studentshare.org/miscellaneous/1561215-evaluate-the-effectiveness-of-logistics-management-as-a-method-of-gaining-competative-advantage-within-youngs-seafood-grimsby-and-how-this-relates-to-the-wider-supply-chain
(Evaluate the Effectiveness of Logistics Management As a Method of Essay)
https://studentshare.org/miscellaneous/1561215-evaluate-the-effectiveness-of-logistics-management-as-a-method-of-gaining-competative-advantage-within-youngs-seafood-grimsby-and-how-this-relates-to-the-wider-supply-chain.
“Evaluate the Effectiveness of Logistics Management As a Method of Essay”, n.d. https://studentshare.org/miscellaneous/1561215-evaluate-the-effectiveness-of-logistics-management-as-a-method-of-gaining-competative-advantage-within-youngs-seafood-grimsby-and-how-this-relates-to-the-wider-supply-chain.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Evaluate the effectiveness of logistics management as a method of gaining competative advantage within Youngs Seafood , Grimsby and how this relates to the wider supply chain

Strategic supply chain & logistics management

...if it emphasizes the needs and wants of customers. This is the new trend in the twenty first century supply chain management – customer focus and loyalty. Firms make important steps and decisions to conduct strategic competitiveness. Supply chain management is part and concept of strategic competitiveness – so that the firm can focus on the customer and profit. Strategic competitiveness is attained when an organisation successfully implements a strategy that creates value for the firm. Moreover, a strategy is a set of steps and activities that are the core competencies of the firm and which allow the firm to...
20 Pages(5000 words)Essay

Strategic supply chain & logistics management

...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 on its employees. The company also aims for customer satisfaction and loyalty; that is why, its products and services are quality-oriented. Inditex, Zara’s mother company, sees to it that the company adheres to quality management and best practice. The company’s financial standing is as healthy as ever. Zara’s supply chain is effective. They ensure product quality and deliver it with speed and accuracy, making the customer asks for more. It’s what Zara has been doing all through the years. The main body...
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...
9 Pages(2250 words)Essay

Logistics and Supply Chain Management

...in the system. Logistics or supply chain management issues noted There are 6 key issues that must be addressed in making the most in supply chain management. These issues are vendor penetration, accounting silos, international sourcing and sales, tailored versus standard practices and lastly skills of logistics. With logistics and supply chain management being related disciplines, to develop an effective supply chain management system, it is a must to...
4 Pages(1000 words)Essay

Supply Chain Management and the Seafood Industry

...? Introduction In order to gain a working knowledge and to identify the key issues in supply chain management within the seafood industry communication with retailers along with an analysis of existing studies on supply chains is necessary. Unsustainable consumption and production patterns include increasing consumption levels, overfishing and unsustainable aquaculture (Vallejo, p14). The International fish trade continues to increase which reflects the increasing popularity of fish and seafood consumption world-wide. 38% of fish production now enters International markets. General...
4 Pages(1000 words)Research Paper

Logistics and Supply Chain Management

...in Japan. Overall the international sales account for a fifth of the company’s total business (Fortune, 2006). Wal-Mart has been a pioneer in the use of IT for managing its supply chain and the use of RFID is one such example of how information technology is helping the company come to terms with a rapidly changing retail environment. Fundamentally, Wal-Mart seems to be looking at the early mover advantage and the long term effectiveness of using RFID tags within their stores (McClenahen, 2005). In the short term, the idea looks rather weak since the early adoption of a new technology is often a very risky undertaking....
16 Pages(4000 words)Essay

Evaluate the effectiveness of logistics management as a method of gaining competative advantage within Youngs Seafood , Grimsby and how this relates to the wider supply chain.Explain how and why this process has developed in the way it has

...have been facing. Unpredictable demand and supply, illegal procurement due to shortage, changing customer preferences and new competitors are some of the risks that many companies are facing. However, Young’s seafood has been able to avoid these risks until now. GLOBAL LOGISTICS AND STOCK MANAGEMENT Successful trade thrives on information. Any industry that cannot boast of a strong information system for the Supply chain Management will never render the desired results. The section intends to address the importance of an efficient logistics and stock management for...
10 Pages(2500 words)Essay

Logistics in context

...like supply chain management, logistics, retail management, trade liberalization, business management, value chain management, total productive maintenance etc., are the spearheads of the growth and development. Innovative programmes in the logistics management are being offered especially by these institutes which help the graduates to develop skills in the field of ensures logistical and supply chain activity. Thus, the Humber region is offering expert and skilled professionals for companies like...
6 Pages(1500 words)Essay

Supply Chain Management and Logistics

...business sector scope, immediate channel structures, long haul channel connections, and developing gainfulness, stabilization, and vindication. Directors should unequivocally characterize the aspects and necessities of any key organization. Exact methods and guidelines must be created with the goal, control, and consistency of yield increment across all the departments. Moreover, supervisors have to play their part by instilling trust and responsibility among employees through Corporate Social Responsibility (CSR) codes. 2. Introduction Toyota is a multibillion-dollar company that manufactures and supplies motor vehicles. They have a supply chain...
22 Pages(5500 words)Assignment

Supply Chain Management and Logistics

..., long haul channel connections, and developing gainfulness, stabilization, and vindication. Directors should unequivocally characterize the aspects and necessities of any key organization. Exact methods and guidelines must be created with the goal, control and consistency of yield increment across all the departments. Moreover, supervisors have to play their part by instilling trust and responsibility among employees through Corporate Social Responsibility codes. 1. Introduction Supply Chain Decisions: The decisions involving supply chain management have categorized to operational and strategic. Strategic decisions are...
20 Pages(5000 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 Evaluate the effectiveness of logistics management as a method of gaining competative advantage within Youngs Seafood , Grimsby and how this relates to the wider supply chain for FREE!

Contact Us