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Logistics - Essay Example

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The company became renowned due to its differentiation strategies to use the finest fibre strictly, i.e. cashmere in its knitted and woven products, which…
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Download file to see previous pages... The essay intends to determine how supply chain capabilities of Johnstons of Elgin, a company dealing with manufacturing and retailing woven as well as knitted products, have enabled it to attain a competitive advantage. Moreover, the extent up to which the business model of Johnstons can be applied to companies in other industries would also be described in the essay based upon the provided case study.
Organisations functioning in this modern day context often have to face challenges in developing and delivering quality and innovative products/services to their customers globally with the aim of attaining superior competitive position. Several factors can be found associated as a cause of these challenges. These include increased level of globalisation, pressure created by the competitive forces to innovate technologically advanced production or supply systems and growing complexities in managerial ideologies among others (CEVA, n.d.). In this similar context, supply chain capabilities support the business organisations to attain a superior competitive positioning in the form of offering quality products to the customers by way of focusing more on main competences, recognising the outsourcing trends and following the procedure of vertical disintegration in the operational strategies.
As generally believed, proper and effective utilisation of various sorts of supply chain capabilities can certainly aid in making quality procurement decisions, which in turn can enable the modern business organisations to attain a superior competitive positioning over their chief rivals (Crown, 2012). It would be vital to mention that the prime facets of supply chain capabilities not only support the modern business organisations to attain superior competitive positioning but also enables their respective business to sustain in this competitive landscape. In this regard, the characteristics of supply chain capabilities fundamentally ...Download file to see next pagesRead More
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This is mainly because the objectives of supply chain are not met in many firms. There are fluctuations and disturbances that interfere with the supply chain coupled with irrational decisions that firms make at certain times (STOCK & LAMBERT 2001, p. 7). The system selected should be able to tackle these fluctuations and disturbances and enable smooth operations of firms.
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While the cost of transportation logistics would be considerably higher due to rising oil prices in the international market, the businesses must make efforts to reduce that through collective decision making. The most realistic technique for businesses would be to come together and use single transportation to ship their goods.
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Efficiency in the operations calls for online location of shipments in logistics management by real-time information about the status of shipments across multiple modes of transportation. This will increase efficiency in documentation for security and effectiveness in clearance in ports and airports.
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Logistics is defined as a business planning framework for the management of material, service, information and capital flows. It includes the increasingly complex information, communication and control systems required in today's business environment and deals with the concerns, the questions of the customers.
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BLC delivers smart, fast and flexible solutions for the customer in the global business environment. BLC is known for its reputation in providing wide range of inbound/outbound operations, maintaining low air cargo fare rates and
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This can be explained by the fact that logistics contributes to economic utility based on a product’s ability to satisfy customer needs. On this regard, logistics plays a role in satisfying the possession utility, which relates to the value that a customer gets
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system would have adverse impact on the flow of goods which would slow down economic growth and development of nation as will as for private enterprises. At the same time, the delay also lowers the utility value of the goods which could further escalate the relative cost of
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For logistics companies, business intelligence plays a crucial role due to the large volumes of transactions and the high need for precision. In this paper, Federal
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a result, it becomes the prime responsibility of every entrepreneur or governmental business process to understand every aspect of logistics business process in a much effective manner (Aveta Limited, 2014). From a management perspective, one can refer logistics as a credential
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Baker & McKenzie (2007) affirms that if the parties involved prepare inadequately for the negotiation, an irreparable damage to their relationships can result. Under several occasions, negotiators never reach their intended goals because they neglect the problems of the other party and focus on their own part.
2 Pages(500 words)Essay
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