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"Organizations must continually improve its logistics in order to remain competitive.’’
Critically analyse this statement.
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Logistics Managememt Question
"Organizations must continually improve its logistics in order to remain competitive.’’
Critically analyse this statement.
- What type of logistics model company should follow for proper operations?Large trucks are an important piece of the logistics chain. However, there were 333,000 large truck crashes in 2012, resulting in almost 3,800 fatalities, the majority being drivers or passengers of other vehicles, not the truck driver. One accident in 2014 caused a public uproar when a Walmart truck driver fell asleep at the wheel after being awake for 24 hours and crashed into another car, killing one person and critically injuring others, one being a well-known comedian. The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration enacted tougher hours-of-service rules that went into effect in July 2013. One report claimed that the industry would lose $1 billion in lost productivity as a result of these rules, while another concluded the industry would realize almost $500 million in benefit from reduced driver mortality. The new rules have caused considerable controversy and have caused hardships for drivers. As one driver put it, “If the wheels aren’t…Discuss reverse logistics and where it makes sense for a business to use them or when it could be more costeffective to merely replace the commodity.
- Explain how logistics systems can be effective but not effecient with the help of examples ?List three major ways that a hurricane hitting the US might impact logistics systems – and briefly describe one or more ways to reduce each impact? Give typing answer with explanation and conclusionExplain what type of impact can a winter storms have on logistics ?
- 1. Supply chain management is the process of transforming raw materials into finished products and delivering these to the customers. Elaborate on this statement with appropriate examples. answer guidelines - Need to explain the supply chain flow of goods and information - To focus on- upstream, downstream, reverse logistics, information, cashflow minimum word count 700Why do companies analyze their logistics systems from perspective of nodes and links?What logistics procedures and decisions you take from the supplier to the consumer to achieve a seamless flow of their materials and goods, taking into account the incertitude
- What is meant by reverse logistics, and why is reverse logistics important in an organisation suchas ToyotaWhat do you think is the most critical function performed in logistics? (Ex. Supplier to retail stores) Explain why and describe how the field is changing and what you think will happen in the future.To what extent is logistics a strategic function? Does it really have a long-term effect on an organization? Is it possible to be ‘essential’ but not ‘strategic’?