¶ … traditional focus on outbound transportation logistics, why are more organizations taking a closer look at the savings and benefits that can be generated from greater efficiency on inbound transportation logistics?
The biggest reason why a number of corporations are placing more of an emphasis on inbound logistics is because of: globalization and improvements in technology. These elements are important, because they are providing firms with the tools they can use to: increase their productivity and profit margins. At the same time, the addition of new competitors in a particular industry has meant, that there is a greater focus on finding ways to be able to maintain their market share. (Chatur, 2006) (Gourdin, 2006, pp. 185 -- 202)
As a result, a number of different corporations have begun to concentrate on just in time inventory management (JIT). This is when manufacturers will use a host of different tools to objectively determine how they can be able to monitor what products are in demand. While simultaneously, being able to control their costs of producing different goods and services they are receiving through inbound logistics. Those firms that are focusing on these areas can effectively adapt to the changes that are taking place. (Chatur, 2006) (Gourdin, 2006, pp. 185 -- 202)
These different elements are significant, because they will allow a company be able to control their costs. As, this will have a dramatic impact on their overall profit margins and the ability of the firm to: offer products that address the needs of consumers. Once this takes place, it means that they can be able to realize the biggest benefits of maintaining their dominance in various sectors. Over the course of time, this concentration on inbound logistics helps a firm to be able to: evolve with these changes and remain a viable entity inside the sector. (Chatur, 2006) (Gourdin, 2006, pp. 185 -- 202)
These elements are important, because they helping a firm to become more alert. As, the 4 PLs are telling them on real time basis what is happening with: their organization and its supply chain. For managers, this means that they have the capability of understanding the needs of their customers and the marketplace better. At which point, they can make adjustments to their supply chain and the resources are being utilized to manufacture the final product. Once this occurs, it means that a firm is able to respond to numerous changes and they can maintain their dominance in a host of different sectors. This allows them to be able to adapt more quickly to various shifts on a global scale.…
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
The DEP/GARD supply chain process has various areas where there is value addition and these include the manufacturing and packaging process of the products that are supplied to GARD. There is also the inbound transportation from the compound suppliers which is counted as a value addition process. The outbound transportation to GARD is also seen in the supply chain as a value addition activity. There are however some stages that
Toyota Transportation Toyota Beginning and Emergence The Market for the Company The Major Partners and Suppliers Toyota Supply Chain Dedicated Transport Service The Green Supply Chain Transportation Planning Freight Flow of Toyota Speed Reliability The Transport Improvement Plan Dedicated Transport Service Route Mapping Environmental Concerns Integration of services Packaging Division of Duties at the Plant Level for Better Accountability Mapping logistics flows The Future of the Transport Improvement Plan Production by region Sales by region Toyota is the biggest single producer and the second biggest producer of cars in the world, after
Inventory Management Strategy. In his book, Streetwise Project Management, Dobson (2003) advocates the use of a just-in-time inventory management strategy to keep inventories low and manufacturing process more productive. This approach, though, will require close coordination with a Brazilian supplier, warehousing operations, planners and forecasters, and transportation directors throughout the inventory management process. In this regard, Epps (1995) advises, that such an approach requires the efficient transportation of materials from
Supply Chain Management Hypothesis defined Concepts of SCM and the evolution to its present day form Critical factors that affect SCM Trust Information sharing and Knowledge management Culture and Belief -- impact on SCM Global environment and Supply Chain management "Social" and "soft" parameter required for SCM Uncertainties This chapter aims to give an outline and scope of the study that will be undertaken in this work. The study lays out the issues faced by manufacturing organizations when it comes
Macro-Environment Socio-cultural and demographics Demand for green products Legislation Economic environment Technology Business Level Strategy Protection from the Five Forces Threat of New Entrants Competition Substitutes Supplier Power Competition The building of relationships Business partners/transactions Strategic management Improved value chain Inbound logistics Manufacturing operations Outbound logistics The sales and marketing techniques The virtual value chain The macroeconomic environment of any enterprise is indeed a very vital thing to all the operations of the enterprise. This is brought about by the fact that both the present and the future operations of the business
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now