Challenges Faced By Logistics Industry Essay

Due to the large quantity of freight and the long distance that it must travel to arrive to its destination exporters and importers alike have found logistic service providers essential to engage in international trade (Rodriguez, Comtois, Slack, 2013). While some Logistics service providers focus only on the area of transportation others specialize in freight consolidation, distribution management, and warehousing (Robinson, 2014). They have enough market knowledge, information and communication systems to offer supply chain solutions tailored to the specific needs of any company be it small or large (Rodriguez, Comtois, Slack,

It is widely known that logistics is the life blood of anything major. The logistics and transportation industry in the United

Westminster Company is one of the largest manufacturers of consumer health products, based in US. Their distinctive name and company logo are recognized throughout the world. Westminster was originally founded as a family-owned pharmaceutical supply business in 1923, the company has expanded, by virtue of aggressive new product development, into a global provider of health care consumer products. It consumes three wholly owned subsidiaries, manufacturing grocery product, drugs, and mass merchandise. Intense rivalry in the market, and distresses of having an effective supply chain, made the company evaluate its supply chain and logistics. The primary focus of its research was the key clients of the three companies. To understand logistics the company must first know what logistics is and how it works. Logistics is defined as a business planning framework for the management of material, service, information and capital flows (Logistics World , 2014). Logistics is an important function of the business and without a proper logistics system, all the manufacturing, marketing and other activities would fail, overall resulting with the company failing to reach its full potential. After thoroughly analyzing the case study of, Westminster Company, to improve their current logistic strategy, they would need to implement the following strategies: developing and analyzing a new system to focus on strategic effort to ship their products in a timelier, efficient and in a more accurate

Supply Chain Management is the integrations of the flows of products and materials, services, information, and financials through the entire supply pipeline from the supplier’s

(Bowersox, D.J., Closs, D.J., and Cooper, M.B. (2010). Supply Chain Logistics Management. (3rd Edition) New York, NY: McGraw-Hill/Irwin.

A fundamental part of society since the beginning of time has been the trade of information, cash, and physical goods between at least two separate parties. Whether it is amongst consumers, businesses, or between a business and a consumer, it has always existed in some form. As time passes, our knowledge and technology have advanced therefore creating a stronger supply chain process. A basic logistic service, a means of transportation and storing are what enable trade. In order to have an effective supply chain process, the supporting needs need to be accessible and effective for all parties involved. In the book Logistics Clusters by Yossi Sheffi, he thoroughly explains the current

In today’s world, competence is taking on new dimensions. The ability to compete is being determined by the degree of responsiveness to customers & key issues handling. How fast you deliver the goods/ products, what the price paid by customers & what value customer is getting throughout the service is considered in a schematic & ordered way. Markets are quick demanding & customization of each logistics activities is essential for each customer, & has become the essential factor in logistics management.

Over the last few decades, the role of logistics in business has increased in scope as well as in strategic importance (Caplice and sheffi, 1995). In general, distribution logistics is expected to ‘provide the right goods at the right time, at the right place, in the right amount and quality, and at the right price’ (Jünemann & Daum 1989, p. 18.)

There are many challenges being faced by the logistics industry today as the companies strive for sustainability. This is because the providers of logistics services have, over a period of several years, found them being integrated into the production processes of their customers, while at the same time, governments and businesses have continued to carefully weigh the issue of logistics in their investment and business decisions. Some of the previous trends and the forces of the operations of logistics that drive the transformation of a Freight forwarding company will be examined. It will focus on theories, conceptual models and frameworks that explain logistic operations. The gaps in the logistics operations and the dangers of not addressing

This dissertation is submitted in part fulfillment of the requirements for the CILT Diploma in Logistics and Supply Chain Management.

Jingdong Group was founded by Liu Qiangdong in the beginning of 2004. Since it established, Jingdong has committed to providing pleasant online shopping experience for its consumers, built up the "authentic" concept of fake zero tolerance. Because of that, it quickly grow to become the largest 3C online shopping platform in China’s B2C market. It is one of the most popular and influential online shopping sites in the field of e-commerce in China. Currently, Jingdong has 25 million registered users throughout the country and more than 6000 suppliers has established collaborations with Jingdong. It sells home appliances, electronics, digital communications, figures products and related accessories, computers, home furnishing, clothing, jewelries, baby products, books, food and other 11 categories of tens of brands in million kinds of high-quality goods. There are more than 300 thousands orders every day and more than 50 million people visit the website in daily.

Transportation is a key element in the logistic chain. It joins together those components that are considered to be separated. In order for transportation and logistics to work together successfully, there must be good management between them. It plays a

The inbound start from the suppliers to manufacture and the out bound begin from warehouses to end users.

Education and labour skills are essential for a fully functioning logistics and supply management system. In Southern Africa there is a lack of education and skills within the logistics system, which means unskilled labour and less effectiveness and efficiency. Education is the single most important aspect in order for a country to achieve success and wealth, the more educated people are, the more people can make intelligent and effective decisions about the economy and the logistics and supply chain management functions. Southern Africa does not have a strong education system in comparison to the global market in which Southern Africa compete in, which limits its full potential that it has to be a functioning logistic powerhouse which

Purpose – Now-a-days, logistics research focuses on the ability of logistics to deliver a quality