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Implementing & Executing Strategy in the Global Marketplace - Essay Example

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Implementing & Executing Strategy in the Global Marketplace

Aside from the key reasons for outsourcing, other benefits are also evident in applying this practice to one's business. Most notable of these is the advantage of getting a higher level of experience. The subcontracted business revolves around giving high quality services provided by experts. They need to constantly upgrade their services to maximize their potentials and lead the competition. Instead of employing experts to do the jobs of minimal importance as compared to the really significant ones, through outsourcing, businesses can now avail quality services on its non-core operations (Ouzts, 2003).
This is the very reason why the founders of ODW Logistics, Inc, based in Columbus, Ohio, established a business that capitalizes on the need of their client's outsourcing needs. They have been offering "excellent logistics services to billion dollar companies" since 1972. Their product line includes warehousing and product distribution. They boast of devising "efficient and cost-effective material handling solutions" and supply "facilities, staffing, warehouse management systems, and all the rolling stock operating equipment" (ODW Logistics Website, 2006).
Given the nature of outsourcing and the list of their service, ODW Logistics can definitely help in global firms' vision of gaining competitive advantage. If it is committed enough to produce excellent quality warehousing services, their clients will really feel ODW's excellent contribution enhancing their performance.
Solving warehouse problems of most companies is probably the most significant contribution they can give. Materials handling is a very tedious and costly task that usually belongs outside the core operations of most companies. Unless a company is in the retailing and other industries where effective warehousing is extremely important, warehousing consumes huge amount of money and effort that should have been spent in improving the performances in other core operations. With 30 years of experience in this industry, ODW Logistics has proven to be one of the most trusted names in providing warehousing solutions to other companies.
Another issue concerning warehousing in other companies is the lack of affordable warehousing space. Procuring and maintaining considerable amount of space for product inventory is a problem for most companies. Aside from the cost of maintaining the warehouse site they likewise need manpower and technology that they are not familiar with. With its Ohio campus that spans 82 acres, six buildings, 170 dock doors and a 400-trailer capacity yard. The campus also offers a 150,000 square foot container freight station as well as rail service, food grade facilities. All in all, ODW Logistics has 2 million square feet of distribution facilities all over the United States, it has enough resources to give hands-on and practical solutions to their client's warehousing problems.
Another service feature that would give to its clients is the state-of-the-art technology that ODW Logistics uses in its operations. Its Warehouse Distribution Logistics System (WDLS) efficiently monitors inventory movement ...Show more

Summary

Outsourcing has become a popular business practice that has become popular especially during the time when competition become stiffer than ever due to the emergence of globalization. According to Wikipedia, outsourcing is "the delegation of non-core operations or jobs from internal production within a business to an external entity (such as a subcontractor) that specializes in that operation (Outsourcing, 2006)." It actually aims to relieve a business of incurring huge amount of operational and production costs…
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Implementing & Executing Strategy in the Global Marketplace essay example
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