Vietnam Logistics Vs Canadian Logistics

Vietnam is a densely populated economy that has been transforming from the rigidness of a centrally planned economy since 1986. In 2007 they joined the WTO, which has prompted more export driven industries. In 2010 Vietnam became an official

Before granting independence, Vietnam economy was going down rapidly due to the war with American that destroyed the Vietnam economy completely. Moreover, this country was being led by the Conservative Party which was unchangeable and not able to lead the country. Instead of trading with foreign countries, they closed market. However, after national liberation, the Conservative Party was removed, and new prime minister was chosen. The economy of Vietnam was opened, and it took big steps to thrive as now. Especially the globalization, since Vietnam joined the World Trade Organization, the globalization has made a huge change to Vietnam economy. It attracted a lot of foreign investments, solved numerous financial issues, and motivated domestic

In this project, we will be studying Canadian Tire Auto Services’ main supply chain strategies. Canadian Tire provides many automotive services for their clients with many locations across the countries. Our goal for this project will also be to look into Canadian Tire’s logistics operations, their process of supplier selection, and evaluation. We will also look to study their use of the latest IS/IT innovations. We will then conclude our project by realizing the importance of supply chain management integration, as well as, the challenges and practices within a global supply chain.

Despite popular belief, Vietnam has been the battleground for only a limited number of military conflicts in history. The country fell under the rule of China and France at early points in its history before claiming its full independence in 1945. Many Americans still view Vietnam from the Vietnam War point of view because it ended in a United States defeat. Since that war almost 40 years ago, Vietnam’s leadership has had a plan in place to rebuild the country’s infrastructure and solidify its place in the world. Today, Vietnam continues to thrive economically by taking advantage of its natural resources and location despite being the home to one of the last single-party Socialist governments in the world.

Vietnam is communist state, a government ruled by a dominant party system. Over the last decade, Vietnam has shown remarkable growth since they have adapted the modernization theory. Vietnam has a spectacular progress in their growth domestic product (GDP), with a GDP of 49.42 billion in U.S dollars in 2005 to a GDP of 171.39 billion in U.S dollars in 2014.They have also achieve a high poverty reduction, from a poverty headcount of nearly 60 percent to 20.7 percent in the past 20 years. Vietnam has become more industrialized, Vietnam’s agricultural shares of economic output has shrink from 25% in the year 2000 to less than 20% in 2013, while industry’s share increased from 36% to more than 42% in the same period. Today, Vietnam is considered to be one of the leading exporters in Southeast Asia. With the top ten exports commodities that include electrical machinery, oil and mineral fuels, footwear, apparel: non knit, apparel: knit, industrial machinery, seafood, coffee and spices, furniture and cereals.

The work by (Solis & Edwards, 2010) highlights the gaps in research for this area of study. The research problem in the study is the weaknesses of the Department of Defense’s (DoD) supply chain management. The DoD supply chain weaknesses have been documented but there has been little research or discussion into a comprehensive solution. The purpose of the study was to (1) define DoD’s prior strategic planning efforts in the field of logistics, (2) highlight key elements in the new Logistics Strategic Plan, and (3) discuss opportunities for improvement in future iterations of this plan (Solis, et al., 2010). In conducting the review, the authors reviewed the Logistics Strategic Plan, compared elements in the plan with effective strategic planning strategies and met with other officials from DoD, the military services and other components of the DoD. The sample of the study was the current logistics plan of the DoD and the officials in the DoD and military. They analyzed the elements in the

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

Even though direct competition has decreased, the tendency of retailers to get their products directly from manufacturers puts the company in a position of relooking its competitive edge as a distributor. The marketplace is shifting from an individuality to supply chain performance – the ability to meet end-customers needs through product availability and responsive and on-time delivery. Supply chain performance crosses both functional lines and company boundaries. Brunswick must change their way to fill customer orders faster and more efficiently than the competition.

Vietnam is a country whose economy is evolving. Its rapidly changing economy is facing significant alterations in the process of transition. Vietnam is moving away from its current economy, which is a non-market socialist one, towards a market economy with a socialist orientation. Vietnam is one of the poorest countries in the world with a Gross Domestic Product of only $300. High levels of population along with the proper training will allow Vietnam to effectively use its number one resource, people. Australia plays a key role in assisting Vietnam's economic growth and development through their aid programs.

Vietnam has gone through a successful development process, known to be one of south east Asia’s fastest growing economy and could possibly become a developed nation by 2020 (BBC News, 2014). Vietnam was once one of the poorest countries in the world in 1986 with per capita income below $100. As of present, Vietnam has transformed into a lower middle income country with per capita income of $1,960 by 2013 (The World Bank, 2014). Vietnam’s GDP per capita have been rising every year as shown in Fig. 1.

Viet Nam is a growing and transforming economy, the country is in the group of the highest growth rates countries in the world. The country has succeeded in maintaining an average growth

Viet Nam is a growing and transforming economy, the country is in the group of the highest growth rates countries in the world. The country has succeeded in maintaining an average growth rate of about 7% annually. In 10 years of implementing the economic development strategy

Vietnam is most known for it’s production of rice. Before the civil war; or the Vietnam war as it’s known in the US, it was mostly an agricultural country. However the tech industry is growing fast as the country continues to rebuild. Also, Vietnam recently became a member of the oil industry, and has become the third largest in Southern Asia. Vietnam’s poverty rate has been steadily declining over time. Now, it has a lower rate than many of its neighboring countries; including the Philippines, China, and India. From these new expansions to the country, Vietnam will most likely have the 17th largest economy by 2025.

Vietnam in the views of many Western nations, is a country that is growing both economically and socially, so fast that today, it has best United States in so many areas. It has attracted world-class investors and entrepreneurs, benefiting the economic development of the country. Socially, just only last year, the total number of international arrivals in 12 months reached by 8 million, whilst just the past 6 months, it has received and warmly welcomed more than 7 million visitors came from everywhere in the world. Vietnam is ranked as the 33rd country in the world to spend a large percent of its expenditures on education. A major factor for any country to improve socially, economically and to secure a better future for the young.

Vietnam is the developing country; they are willing to accept the new things such as technology, products, people, etc. from outsiders. Now there are many foreign investors invest in Vietnam, because the factors in Vietnam are reasonable.