CHAPTER 3. EVALUATIONS AND RECOMMENDATIONS
3.1. Strengths.
3.1.1 National policies. Our government has tax incentives and loans with low interest to make any business conditions for corporation to expand their production, upgrading and have renewal equipment to contribute to improving business efficiency. Also, the macro policy management state model creates many advantages for forwarding activities as innovation in customs law, import and export tax law.
3.1.2 Business. -The first convenience must be mentioned that the company has many advantages Port Logistics inherited from the parent company - Saigon Newport - because Saigon Newport is the biggest port operator in Vietnam, the annual output of clearance around 2.4 million TEUs
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From that, the activity of the company is also effected.
- Furthermore, many big companies which are professional and have a lot of years of experience in the logistics field even they have received increasing investment, stepping up operations in the Viet Nam market to contribute to increase competitiveness. Sai Gon New Port logistics enterprises will have to try hard in order not to lose contracts in these enterprises.
- The economy of Viet Nam is facing with many difficulties especially the crisis of economy so any port, shipping or logistics enterprises are also influenced not well. However, Sai Gon Newport Company is trying to widen more types of service especially logistics service so as to serve to export and import cargos. In addition, the amount of foreign customer of SNP is not very large.
3.2.2 Seasonality of operations delivery. Forwarding activities are often unstable due to workload changes by the time. Each time more, there are many contracts, employees have to continue to do but also when the workload decreases, there will be fewer contracts. This also affects to monthly revenue and income of the company and the company's
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 assumed that the logistics strategies outlined in this report would apply to any divisions in Tsingtao Brewery. As such, it is also assumed that other divisions run very similar supply chain management systems to that of South China Sales Company. The final assumption is that investment by the Tsingtao Group in the supply chain is a very manageable investment for them.
Be that as it may, shipbuilding and ship repair has been an old industry held in the country, which regardless of what many may think, has been important to the initial stages of development for the nation as a whole. As a result, the historical significance of the industry can be assigned to one of the few industries that managed to aid in successfully contributing to the development of the national identity. From this, the shipbuilding industry as a whole must be detailed in order to directly correspond its long-lasting effects through its actions. The initial demand for ships were usually generated by the involvement of other industries, specifically items relating to timber supplies, offshore oil services, fisheries, exportation of natural
Greating shipping is a comprehensive logistics service suppliers, focus on transport solution for the manufacturing and retail industry. The company has a wealth of experience in the logistics transportation more than 20 years, plenty of logistics resources to meet the logistics needs of customers. Company has been providing logistics solutions for your needs, make sure to keep competitiveness in the field of business. Company attaches great importance to create and maintain a long-term cooperative partnership, through expanding global network support. With the high quality service to ensure every step of the goods for a smooth transition. Huge global network of company cooperate with a wide range of cost savings and value-added service tracking
One of the most developed in the world logistics systems is in the Netherlands: first place in the world on water logistics and fourth - on the air. The Netherlands is the land of opportunity and innovation. A constant stream of innovative solutions and technological improvement allows you not only to effectively conduct business in the Netherlands office, but also to introduce
The highest performing logistics companies today share a common characteristic of being able to analyze and aggregate their accounting, financial,
In this strategic management assignment, we will see how organization achieve and sustain competitive advantage. As the global leader of the international express and logistics industry, we will study how DHL has gained and achieved in sustaining its position in the logistics sector. To do so, the report will be cut in two parts. Firstly, an introduction will present, explain the subject and then expose
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
Vietnam’s retail sector is currently alike to Thailand’s around 10-15 years ago, in terms of regulations and consumption behavior. Given that the regulatory environment has yet to be liberalized in Vietnam, BJC has formed joint-ventures (JVs) with local partners and expanded its distribution network aggressively ahead of anticipated market liberalization in 2016 - after the AEC comes into place. Currently, both Thai-An and Thai Corp have a combined distribution network of around 130,000 outlets nationwide, with total sales contributions of around THB3.0bn. BJC expects this distribution network to reach 230,000 outlets, with sales value of around THB9.0bn in 2016, implying compound annual growth rate of around 28%.
These days, ports are being integrated into worldwide logistics chain. The value of services provided by regional ports increasingly transcends the interest of local users and benefits business and communities located beyond regional and national borders. Shipping and logistic company have forced to the port to adapt their need and
Government can actually influence the competitiveness of a country’s industrial and commercial sectors by using the competition law policy that apply to all economic agents such as commercial supply of goods and services , production and financial resources. for example the case study from automotive industry in India where the government was taking part in helping develop the automotive industry by supporting fund to whoever can come up with the best research. Government can also actually decrease the import barrier (import tax) to create the competition between the foreign firm and domestic firm as well.
Liner Shipping developed new ways of packaging goods for transport; their growth has influenced the global trade. Even during economic crisis there has been tendency to move more and more goods through this means. Their growth influenced the efficiency of the whole supply chain. The progress of this trade has been faster than other sectors (Brooks 2000). Global environment of trading is constantly changing and Geographic concentrations of interlinked business and factories called clusters are making the trade pattern more difficult to predict. Like all other businesses the Liner shipping companies are thriving for competitive advantage over their rivals. And this has led to low freight rate and frequent services. But with
With growth of international shipping also increased domestic movements of freight. Companies has to find an optimal solution for moving their goods from factory to warehouse and from warehouse to distribution centers. Organizations has to look at many factors (objective and subjective) before they will make a rational decision and pick a suitable technique.
Between the year of 1970 and 1980 it was recognizes as the first generation of the third party logistics for providing services for shipping and transportation. By the 1980’s through the 1990’s were non-asset and asset based organizations by increasing the services level of contribution and by the
Bonomyong, R. & Supatn, N., (2011) “Selectiong logistics providers in Thailand: a shippers’ perspective.”, European Journal of Marketing, Vol. 45 No. 3,p.419-437.