From this standpoint, outsourcing is more concerned with the strategic implications and incremental revenue gains vs. just the cost reductions over time. Companies are relying on outsourcing as a means to gain critical insight and to learn entirely new skills in the process (Grimpe, Kaiser, 2010). Outsourcing from this standpoint has evolved more into an alliance aimed at knowledge transfer. The reliance on this approach to outsourcing as a

Logistics: Logistics and Globalization Fierce competition has driven business entities to focus and invest in logistics networks, also referred to as supply chains. Advancement in transportation and telecommunication technologies has played a crucial role in propelling this growth right from the tactical, through to the operational level. A logistics network is made up of retail outlets, warehouses, suppliers, raw materials, work-in-progress stock, finished products, and distribution centers. To this end, logistics

Logistics Case Benchmarking methodology A benchmark is defined as an agreed upon or standard reference point that is utilized to measure quality or value. In the business environment, the benchmarking process is a process through which a company agrees upon standards to measure its progress. The benchmarking process can be used both externally and internally. There are two fundamental parts of a benchmarking process, namely: performance assessment and continuous improvement. There are

Abstract A highly efficient, cost effective and free flowing supply chain signifies the basis of every successful company. It permits every other operation of the company to get going and move forward devoid of any encumbrances or concern for a deficiency in materials, provisions or parts. There are various factors that have to be taken into consideration when selecting a logistics service provide and these comprise of cost, scalability, proven track

Logistics in the Business Organization Why have supply chain management issues often been ignored by senior management? As an organization becomes more and more profitable, the managers perceive a lesser need for addressing issues in the supply chain (Dutton, 2009). One of the key causes encompasses the profitability of the company and the focus is on profit margin generated. With regard to companies that generate greater profit margins, while transport and

A comparative study of logistic operation in the military vs. commercial organization The past two decades have witnessed drastic transformations in civilian as well as military logistical settings. The commercial sector has been transformed by mass retailing, technological advancements, deregulation impacts, supply chains, etc. which have posed challenges to the commercial logistical setting. Simultaneously, military logisticians saw the Cold War era and associated strategies, a whole new kind of enemy, evolving