Transportation and Logistics Management
Adding value to the end of the transport and logistics chain
Taking into account the globalization of almost all the services provided, the transport sector will not be left behind. There is a changing perspective and arising needs within the transport sector and the moving of material and solutions will continue facing a myriad of new approaches hence only the easily adaptable and flexible companies will continue expanding their niches. This change in the demand patterns in moving of material and solutions therefore means there will be need for transport and logistics companies to reinvent themselves and add value to the end of the current transport chain.
My thesis statement is; Bearing the continued diversification of the client needs and integration prompted by globalization, there is immediate need to add value to...
Logistics refers to all the move and store actions from the point of raw materials attainment to the point of final use. Effective and efficient logistics management is a key to the success of business firms as well as to Just in time (Lai and Cheng, n.d.). Logistics management is so crucial for JIT because the entire premise is that a company orders just the product that it needs and
Abstract The purpose of this paper is to provide a systematic review of the relevant literature concerning global transportation and logistics management. While the current trade war with China remains at the forefront of the challenges that are faced by the global transportation industry, the research that follows makes it clear that international trade is the key to economic growth. The major findings that emerged from this review included the enormous
For that reason, logistics expertise unquestionably is a vital approach to lower the expense. Green logistics is not just substantial to decrease the basic logistics expense, however likewise more vital to environment, energy-saving and high effectiveness. Enterprises need to quicken the development of green logistics, so as to acquire brand-new competitors' benefits and additionally they need to take care of future difficulties (Guochuan Yang, 2010). Establishing green logistics can enhance
Transportation System Management and Operations Data and analyses point to the fact that the U.S. transportation system has reached saturation levels. It has been noted that traffic is becoming ever more congested. Data available suggests that the growth of traffic is outpacing the speed and capacity of the authorities to expand the transportation system. There is need for a balanced approach to this matter. The fact is that the situation
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
VMI is a highly orchestrated process that can drastically reduce the inventory carrying costs of a manufacturer, and is one that 3PL providers rely on public warehouses to attain. The cost benefits of reverse logistics also contribute to the cost efficiencies of public warehouses (Berglund, Laarhoven, Sharman, Wandel, 1999). Reverse logistics is a supply chain process that seeks to capture packaging, recyclable components, and potentially toxic materials in products so
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