Logistic Features And Challenges Essay

5055 words - 21 pages

Supply Chain Management
(Logistic features and challenges)

Outlines:

* History of logistics

* Introduction to Logistics and SCM

* Business Logistics

* DISTINGUISHED PROBLEMS OF LOGISTICS

* 3 Logistical Challenges Every Growing Business Must Overcome

* WalMart

* Conclusion

History of logistics:-
Logistics has been playing a fundamental role in global development for almost 5,000 years now. Since the construction of the pyramids in ancient Egypt, logistics has made remarkable strides. Time and again, brilliant logistics solutions have formed the basis for the transition to a new historical and economic era. Examples of this fundamental ...view middle of the document...

Today:
Supply chain management – a look at the entire logistics chain from the vendor’s supplier to the end customer. Supply chain management is a term that has grown enormously in use and significance since the late 1980s. Today, supply chain management is viewed as a holistic consideration of key business processes that extend from the vendor’s supplier to the end user. Accordingly, supply chain management is an extremely interactive, complex system requiring simultaneous monitoring of many conflicting objectives.
Advancing globalization – efficient logistics as a competitive edge in the era of globalization. Global competition began to arise and spread in the 1970s and accelerated in the 1990s. Globalization is still moving forward today. Efficient logistics creates a crucial competitive edge for companies that are expanding in global markets. Successful logistics efforts in international supply chains can fuel the development of global markets.
Introduction Of logistics and SCM:-
Logistics is the management of the flow of resources between the point of origin and the point of consumption in order to meet some requirements, for example, customers or corporations. The resources managed in logistics can include physical items, such as food, materials, equipment, liquids, and staff, as well as abstract items, such as time, information, particles, and energy. The logistics of physical items usually involves the integration of information flow, material handling, production, packaging, inventory, transportation, warehousing, and often security. The complexity of logistics can be modeled, analyzed, visualized, and optimized by dedicated simulation software. The minimization of the use of resources is a common motivation in logistics for import and export.
Inbounding logistics: is one of the primary processes of logistics, concentrating on purchasing and arranging the inbound movement of materials, parts, and/or finished inventory from suppliers to manufacturing or assembly plants, warehouses, or retail stores. Outbound logistics: is the process related to the storage and movement of the final product and the related information flows from the end of the production line to the end user.
Supply chain management (SCM) is the combination of art and science that goes into improving the way your company finds the raw components it needs to make a product or service and deliver it to customers. The following are five basic components of SCM.
1. Plan—is the strategic portion of SCM. Companies need a strategy for managing all the resources that go toward meeting customer demand for their product or service. A big piece of SCM planning is developing a set of metrics to monitor the supply chain so that it is efficient, costs less and delivers high quality and value to customers.
2. Source—companies must choose suppliers to deliver the goods and services they need to create their product. Therefore, supply chain managers must develop a set of...

Other Papers Like Logistic Features and Challenges

Havi Logistics- Strategic Management Essay

5051 words - 21 pages 1. Introduction 1.1 About the company HAVI Logistics understands itself as a Lead Logistics Provider for the food service industry. Nearly 6000 employees across Europe are providing sophisticated and benefitable logistic solutions for restaurant chains, catering services and gas station stores. Since its founding in November 1981, HAVI Logistics has provided its clients with all-time carefree distribution services of all food and non-food

Falkland Conflict Essay

1710 words - 7 pages higher-level overall commander forward with the three task groups would have assisted to provide greater command and control over the British logistic challenges freeing time and in addition reducing the overall British battlespace. The Argentinean issues with logistics were not so much a matter of space since they were only some 400 miles from the conflict, but more a matter of time and force. The Argentineans were not prepared mentally of

Emerging Markets Overview

664 words - 3 pages multinationals are operating in emerging economies and expect growth of their operations by 70% in these business areas. China and India represent the biggest potential future growth. However taking these huge opportunities means accepting significant challenges. Businesses entering emerging countries can’t succeed by simply using same business models, same products, prices and services suitable for developed markets. That is why companies have to use

Traceability in the Wine Industry

2381 words - 10 pages Amal Benalioulhaj WINE SUPPLY CHAIN TRACEABILITY MODEL (EAN•UCC System of standards- Former GS1-) The wine supply chain has always been complex and fragmented, and with more distant suppliers and ever-more demanding customers, the unique characteristics of this supply chain bring challenges to implementing an effective traceability system EAN International co-established the Wine Traceability Working

Association Of Hepatitis G With Unknown Persistent Elevated Liver Enzyme

2465 words - 10 pages , Student’s t-test, and multivariate logistic regression at the 0.05 significance level. Results: In the first stage of the study, 173 patients recruited with ALT ≥ 40 IU/L. 58 patients excluded due to exclusion criteria (Figure 1). Figure 1- Reasons of patients with elevated liver transaminases exclusion (N = 58) After 6 months follow-up of 115 remained subjects, 35 patients still had ALT ≥ 40 IU/L which were selected as the case group and

Hp-Randymott

2782 words - 12 pages innovation Competitors, suppliers, channel members, industry association and business concern Governments economic policies, savings, consumptions, investments and employment levels The Institute with Societal Vision RESPONSES TO CHALLENGES S.NO. 1 2 3 4 5 Aspect Reengineering Bench marking Total quality management Outsourcing E-commerce From Focus on functional departments Reliance on self improvement Quality control in select

Target to Compete with Amazon

1429 words - 6 pages challenges with other retailers and while normally competing against another company that does not make a profit usually ends in the non-profitable going out of business, retailers have seen that Amazon is a real threat. Target Corporation has seen the need to respond to this threat and has already put some initiatives in to motion. While Target has been around for over 50 years, they understand that their name alone is not enough to get by

Strategic Development In Global Food Retail

3737 words - 15 pages data. 2) Then a process of ‘rich picture’ development takes place which includes visual description of the situation in which the concerned people are found. Usually, this visual description includes drawings and preparing of a map of real world and the challenges along with it. 3) Few manpower based systems are prepared called ‘root definations’ which is used to develop a n agreement and common understanding among the participants of

Effecting Change

1641 words - 7 pages logistic team. There are a limited amount of members in the logistics team and there are approximately six in the development team. These members know their duties and can perform them with no problem. Leadership has the ability to influence and provide motivation in order to achieve goals. Many leaders are faced with challenges but encourage his or her employees to adapt to cultural changes and organizational structures. References Robbins

Collaborative Planning

1610 words - 7 pages ?............................................................................................................... 7 What are the next steps for CPFR? ............................................................................................................... 7 Page 2 of 8 WHAT IS CPFR? Collaborative Planning, Forecasting and Replenishment (CPFR) is a tool used to enhance the supply chain that should optimally yield in lower inventories, logistic costs and create efficiency in the whole supply chain to all participants. CPFR uses

Market Research

3944 words - 16 pages according to those analyses. The paper “RFID based model for an intelligent port” discusses the design and operation of an intelligent model of a port. The model is designed based on the challenges, experiences and operations of the port of Mombasa. Radio Frequency Identification (RFID) technology is central to the model in enabling intelligence. Key words RFID, quality methods, airport, port, simulation, software, intelligent port, Mombasa port

Related Essays

Global Healthcare Cold Chain Logistics Market Report: Aarkstore.Com

2166 words - 9 pages services market by Region North America Europe Asia Pacific Comprehensive Market Analysis of Temperature Sensitive Healthcare Products: Classes Covered: Biopharmaceuticals, Vaccines and Clinical Trial Materials Focus of the Analysis in Each Class: Drivers and challenges Historical and future sales trends Logistic requirements Impact of temperature excursions Opportunities in cold chain services Information Sources: Information has been

Advanced Inferential Statistics Essay

1754 words - 8 pages Advance Inferential Statistics [Name] [Course] [Tutor] [College] [Date] Understand the concepts of Binary Logistic Regression Logistic regression is essential in predicting a categorical variable present in a set of variables that are predictors. During Logistic regression, categorical dependent variable which is the discriminant function is used when all the predictors that are present are continuous and

Erp History And Evolution Essay

2535 words - 11 pages . Priorities of various functions are always overlapping and the software is expected to support the integration among all the functions. 2. In addition to supporting the basic processes of MRP II, ERP was expected to take care of other issues such as software in different languages, software was expected to support various trade laws that are locally influenced, cross border logistic activities needed certain features such as the ability to support

Kotler Keller Marketing Management : Delivering Value

1687 words - 7 pages Intermediaries Consumer Creating such a strong preference for the product among end users that the resulting demand pulls the product through the channel of distribution. Classified - Highly Confidential 6 HYBRID CHANNEL & MULTICHANNEL MARKETING Multichannel Marketing “marketing marketing customer” using many different channels to reach a Rangaswamy, Arvind; Gerrit H. Van Bruggen (2005). Opportunities and challenges in multichannel marketing