Current Recession and Globalization: Key Transport and Logistics Challenges and Skills

The transportation and logistics company is a fast growing industry, and it is very competitive. Many companies invest heavily in the transport and logistics company to ensure the flow of goods from the producer to the consumer market. A good flow of products to the consumers provides growth in a country. The logistics companies deal with the planning and coordination of the transportation and delivery of the goods. In 2015, the U.S earned $1.48 trillion, which was approximately 8% of the annual gross domestic product (GDP) (U.S Logistics Industry-Statistics and Facts, 2017). Many firms, both multinational and local, have tried to find solutions to the underlying problems in the transportation and Logistics industry to ensure good movement of goods from producer to consumer market.

Employability skills can be described as ‘having a set of skills, knowledge and personal attributes that make a person more likely to secure, and be successful in their chosen occupation’ (Hinchcliffe, 2001, p. 8). These skills are an important set of transferable skills which are best developed over

Barclays (July 2013). The big players in the global logistics business are oligopolistic as they are

Logistic Support Professional with ability in Maintenance Management and Logistical Support through experience and education. Outstanding organization, administration and communication skills while coordinating with customers and fellow staff members. Dynamic team leader, motivating teams to set and achieve ambitious goals. Exhibits a dedicated work ethic and are adept multi-tasking skills within fast-paced environments.

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

Logistics is one of the main functions within a company, and the supply chain is a complex and sometime fragile global endeavor dependent on a network of independent, yet interconnected, moving parts. It requires professional management. Supply chain professionals order the product, build it, move it, ship it, distribute it, and drive the coordination processes with marketing, sales, engineering, manufacturing, finance, and information technology. In short, they make any business effort seem effortless.

There are several different skills that are important to have to have no matter what the job

Because the economic opportunity of the nation’s populations is dependent upon efficient transport systems; which, in most cases, are dependent upon a publically-funded infrastructure; which, in turn, is dependent upon the economic strength of the populations; there exists a cyclical interdependence not unlike that which exists within most supply chains. In this sense, we can view our country in terms of a large supply chain where the economy represents the finance department, the population represents the labor, and the nation’s infrastructure is representative of the distribution network—inefficiencies in any of these areas ultimately produces inefficiencies within the other areas.

Over recent years, globalization placed intense new demands on the transportation and supply chain sector. Given the fluctuations in a number of related Federal policies, it is recognized that transportation communities nationwide are entering an “unprecedented era of change.” As indicated by the preceding Market Analysis (section 4.0), moving forward, TB&T is expected to continue to operate in this highly uncertain business and transportation environment. Therefore, TB&T must position itself to approach new opportunities, risks, and challenges with an ability to change how the department does business and abandons non-core.

Global business revolution not only provides more opportunities for companies, but also brings increasing challenges and risks in their operations as the global competition is becoming much fiercer. This kind of competitive environment has shaped the new relationship between the strategy and logistics. Therefore, in this essay, though analyzing the origin of the strategy and logistics, the outcomes of today’s ‘global business revolution’, we will find out the changes on the relation between strategy and logistics and the risks aroused from this transformation.

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

On Amazon 's global site, people from around the world can purchase items, from clothes to toys to food and have them shipped directly to their front door. While this can seem to be a great opportunity, shipping logistics can be a nightmare for Amazon and take extensive amounts of time for the buyer. One student, Xiao Bixue, from Beijing, China explained that the quality of goods from Amazon are good, but the “tariffs” are expensive and shipping takes time (Bixue and Xinling). With the differences in cultures and distance to consider, how can Amazon expect to compete globally?

The transportation sector is continually evolving. Whether moving people or products by land, sea, or air, all transportation strategies need to balance proficient network design and operations with rising intricacy, government supervision, environmental accountability, security risks and demands for flexibility and performance from consumers. Transportation solutions saturate all facets of business and comprise about ten percent of all economic action. Global economic disruption and explosive fuel pricing are driving the need for more restricted operations, ground-breaking service offerings, and inspired business models. The capability to manage change and drive continual process improvements are vital to transportation enterprises that want to uphold competitive advantage and survivability (Transportation and Logistics, n.d.).

The transportation and logistics industry is one of the key components of modern life. It provides the framework through which every raw material and finished consumer good is moved through the supply chain into the hands of consumers. This industry is generally taken for granted by consumers. When consumers do think about the industry it is thought of in terms of unchanging and stagnate transportation modes. This vision of the industry is not an accurate reflection of the reality of modern transportation industry. During the last several decades the technological innovations that have changed the face of modern life, have also had far reaching effects on the transportation industry. The pressures driving innovation in the industry

Transport plays a critical role in the supply chain and according to Bhattacharya et al. (2014) it is becoming one of the key components of the whole supply chain valuation for many organizations. Transportation is the movement of good from one location to another. Supply chain is a network of individuals, organizations, activities, resources and technology that is involved in formation and sale of a product, which is from the delivery of source materials from the supplier to the manufacturer, through to the end user. Hopkins (2007) states that supply chain professionals look at whole business procedures, which is from raw materials to manufacturing, wholesaling and retailing. And by