Student ID: 34068643 MSCI281
Introduction
To survive and being success in modern business environment, focusing on supply chain management has become one of the popular ways to increase competitiveness among organizations. According to Lambert and Cooper (2000, as cited in Flynn, Huo and Zhao, 2008), organization has started to rethink the importance of cooperative, mutually, and beneficial supply chain partnerships due to the fierce competition among organization nowadays. In order to increase the efficiency and effectiveness, outsourcing has been commonly used among business, which means companies will allocate part of their production process to a third-party logistics and fourth party logistics (3PL&4PL) rather than finishing the
…show more content…
Referring to Flynn, Huo and Zhao (2008) research, they suggested supply chain integration is the process of organizations strategically collaborates with their supply chain partners and managing inter and intra organization?s processes. In addition, Prabir K. Bagchi and others (2005), claimed that ?supply chain integration is the comprehensive collaboration among supply chain network members in strategic, tactical and operational decision-making?. (Prabir L. Bagchi et al.) By reviewing these definitions, supply chain integration can be known as the collaboration of the organization and their supply chain partners by using strategic, tactical and operational management. The main purpose of applying supply chain integration is to have an efficient and effective production process of products in different, aspects, such as cost, information, and decision-making (Bowersox et al., 1999; Frohlich and Westbrook, 2001; Naylor et al., 1999 as cited in Flynn, Huo and Zhao, 2008) and aim to improve service capabilities at lower supply chain cost. (Ragatz et al, 1997, as cited in Fylnn, Huo and Zhao, 2008) Based on their papers, it suggested that firms with highly supply chain integration can be more reactive to unstable demand by higher information visibility and knowledge between organisations. Also, it also pointed out that the net costs can also be reduced through interlocking the supply chain.
Graham
During World War II, approximately 120,000 people of Japanese descent who lived on the Pacific Coast of the US were sent to internment camps after the bombing at Pearl Harbor by Japan on December 7th, 1941. American citizens made up 62% of those who were interned. And even though these American citizens were being unconstitutionally blocked off from the rest of society, the majority of these citizens still declared that they remained forever loyal to America. Some of the recollections left behind by the internees of their experiences at these camps include letters to their loved ones, diaries, pictures, and even full plays. And while living in often cramped, and poorly maintained conditions, the internees still tried to lead normal lives
Outsourcing is one of the approach to offshoot the responsibility and decision criteria to other companies which can take care of the several components of the supply-chain. The inventory management process can reduce the cost of operating firm’s own
External factors often, play a huge role in an individual's actions, and perception of the world. For example, a child who is constantly told by their parents that they will never be successful, may start to believe this statement, and think that is their destiny. This idea of their future being determined shapes their outlook on life, and how they approach it on a daily basis. William Shakespeare's Macbeth is a classic tragedy, where opportunities reveal themselves to Macbeth, combined with his vaulting ambition, begins his descent into evil. This ambition is driven by the Witches prophecies to him, his manipulative wife, and him ignoring his conscience.
One Size Fits All- Schooling Edition Life is a game, and we’re all playing it. Whether it’s earning a lot of money in Monopoly, getting a good word in Boggle, or reaching the end in Snakes and Ladders; it’s not about doing it. It’s about doing it first. Doing it better than everyone else. And in a world where competition is paramount, it’s hard to remain unassuming as to why Australia's schooling system is in tatters.
Supply chain management is a practice that involves the planning, supervision, and implementation of strategies and controls to direct the movement of goods and services provided to customers. The intent of this essay is to incorporate a synopsis of existing literature and to provide the reader with a general understanding of how supply chain management correlates with the organizational design and structure of modern firms. The essay comprehensively reviews the components of supply chain management and their integration with functional areas within an organization. The information presented in this essay
Supply Chain Management : The vertical integration in the supply chain led them to achieve shorter time frame of release and also helped them to
Blanchard (2006) defined third party logistics as, “A single entity that coordinates all the logistics requirements for a given company/agency.” Today’s world business environment has become so competitive that companies in order to be successful in the market must deal with different resources for satisfying their customer need. In the past decade or so the competitive global market has made a big influence in the growing for external business. Third party logistics providers are more and more employing external companies for inventory management, transportation, warehousing, and other value added activities for customer services. Third party logistics ultimate goal is to provide a competitive advantage to the organization for which they are serving. According to Cardinal Logistics (2012), “Third-Party Logistics is an effective way to reduce operational costs, and allow a company to focus on their core competencies.
Third-Party Logistics (3PL) is a logistics program that has been outsourced to a company that specializes in logistics management. These 3PL organizations hire experienced logisticians, supply chain managers, statisticians, and other specialized professionals to handle some or all aspects of a business’ logistics program. Organizations are opting to outsource their logistics management for a variety of reasons; “Some companies choose to let third-party providers handle only transportation or warehousing; others opt to outsource everything from packaging and assembly to inbound transportation and freight consolidation” (Feeley & Driscoll Certified Public Accountants). The following paper addresses some of the reasons why companies around the world are outsourcing their logistics management instead of keeping it in-house.
Overall, 1 in 4 respondents outsources less than 20% of their logistics operations to 3PLs. Is this is a sign that shippers are hesitant to allow too much ownership of their supply chain to outside companies, or that they prefer to bring the expertise into their own logistics division? Concerns over integrating the two businesses into a successful working relationship and ensuring mutually viable contract terms could also be factors in the decision against outsourcing a large percentage of key business operations.
According to various studies, Berglund et al. (1999) explain that third party logistics has several definitions that are an activities consisting of transportation and management, and warehousing on behalf of the shipper are carried out. Wilding and Juriado (2004) define that a company who solely operates for the provision of logistics-related single or multiple services on a contractual basis, is called Third Party Logistics Company. Especially, the true third party logistics companies provide a solution to the problem in the supply chain by incorporating multiple logistics services that are managed solely or together (Schary and Larsen, 1995). Coltman, Gattorna and Whiting (2010) suggest that third party logistics companies must create a large range of services to meet their distinct needs. A definition by Lieb et al. (1993) explain that 3PL providers can assist the whole processes of supply chain or just only selected activities depending on a company’s preference. It is also conclude the definition of outsourced logistics services that the employ of external firms to provide logistics services for the whole or selected logistics activities within the process that have traditionally been performed within an organization is the outsourced logistics. The roles performed by the 3PL providers can be making especially to customers' requirements (The Client Company) derived from market demands and conditions.
Supply Chain coordination has become a critical success factor for Supply Chain management (SCM) and effectively improving the performance of organizations in various industries. Companies are increasingly located at the intersection of one or more corporate networks which are designated by “Supply Chain”. Managing this chain is mainly based on an 'information sharing ' and redeployment activities between the various links that comprise it. Several attempts have been made by industrialists and
In the article, “Best Practices for Transporters and 3PL Service Provider”, it talks about the advantages and disadvantages of third-party logistics. It also talks about how the industry is growing now and in the future. Third-party logistics primary focus is on global expansion. Expansion in the marketplace that can have a greater impact in a company’s supply chain management function. Most businesses today choose to outsource a portion if not all of its logistics functions to third parties in the hope of achieving operational efficiencies within the supply chain area of operations. By doing this companies are able to place more focus on core business activities. Third-party logistics providers has the capability of taking
Blanchard (2006) defined third party logistics as, “A single entity that coordinates all the logistics requirements for a given company/agency.” Today’s world business environment has become so competitive that companies in order to be successful in the market must deal with different resources for satisfying their customer need. In the past decade or so the competitive global market has made a big influence in the growing for external business. Third party logistics providers are more and more employing external companies for inventory
Customers are becoming more cost-conscious and this is resulting in changes in our supply chain process in order to reduce production costs and remain competitive in our market. Outsourcing has become a necessary measure in order to cut costs and increase competitive advantage. Outsourcing certain aspects of the supply chain, while having both advantages and disadvantages, can be very beneficial to the company. When analyzing whether outsourcing will be good for the company, one must look at the advantages and disadvantages of outsourcing, how it will decrease costs and increase competitive advantage, and what changes will take place with a newly developed global workforce.
The policing of queer people, largely those who are trans or involved in sex work, is a nasty blemish on the face of modern American society. However, the censorship of "non-normative" sexualities and genders has been occurring in one form or another for countless generations. Many mistakenly believe progress in terms of LGBT+ rights and public perception of sexuality to be linear, with a definitive end point. This could not be farther from the truth, as Joey L. Mogul highlights in his book Queer (In)Justice. Far from rare, the police's role in the day to day lives of queer people is often one of suppression, restriction, and violence rather than protecting and serving. Police frequently cross societal and professional boundaries, operating as a state-sponsored tool of morality enforcement, picking and choosing which laws they will implement on a purely arbitrary basis. Although we may seem far removed from the days of Stonewall, Compton Cafeteria, and the assassination of Harvey Milk, the police continue to be oppressive and inhumane in their treatment of those who do not fit the heteronormative and/or gender binary. As with many issues in the LGBT+ movement, this debate is often centered around cis white men, although the majority of those in the crosshairs of police brutality continue to be people of color, most often trans and genderqueer.