Information management is the key factor that determines success in logistical operations. PlastCo has failed to incorporate integrated information technology solutions within its logistic and supply chain management operations. The information portals are outdated and inefficient.
One other aspect that is jeopardizing the logistic viability of PlastCo is its inability to define the operational and economic functions of the warehouses at its disposal. A possible realignment of the operational mechanisms within its warehouses will certainly add to the firm’s efficiency and cost effectiveness.
Maintenance of cordial and symbiotic channel relationships will bring in an element of predictability to its plastic waste requirements. Similarly, adoption of integrated information technology solutions will make the system more open, transparent and manageable. A grip over the operational and economic priorities in warehousing will amply streamline the logistic operations.
Going by the current statutory regulations and the general accentuated awareness about plastic recycling, plastic re-processing firms definitely have an immense potential in the present times. Still on primary problem with PlastCo is its inability to streamline its procurement of plastic waste. Despite there being an abundance of the plastic waste being generated in the UK, PlastCo seems to be having problems in accessing the reliable and dependable vendors of plastic waste.Prompt and reliable information is the backbone of successful logistic operations. ...