Logistics and Supply Chain Management - Essay Example

Only on StudentShare

Extract of sample
Logistics and Supply Chain Management

A proper integration of functional and cross functional activities on the basis of product flow is also required to further the supply chain efficiency. The answers to the following questions elaborate on these aspects of supply chain management.
In the present day business environment firms can enhance their competitive strength by efficiently managing their supply chain. The typical supply chain in any manufacturing firm consists of various firms and agencies taking part in the purchasing, production and distribution functions of the firm. The objective of an effective supply chain management is to ensure that the costs involved in procuring the materials and components, cost of carrying the inventory of various materials and the cost of distributing the products to the end customers are reduced to the maximum extent possible so that the profitability of the company can be improved. In the process of improving the efficiency of the production process techniques like 'just-in-time' manufacturing system helps the firms to achieve the objective of cost reduction and minimization of production time. It is also important that there is an effective information flow between various supply chain partners. ...
Download paper


In the present day competitive business environment firms are more and more compelled to reorient their business strategies by shifting their focus from traditional cost-based strategies more towards time-based strategies. When the customers are confronted with the choice of competing products having same quality and price levels the decision normally goes in favor of products that are delivered fast…
Author : rsanford

Related Essays

Logistics and Supply Chain Management Essay
Examples like Wal-Mart and Benetton are in front of us where logistics transformed the form of core competence which is strategically positioned for bringing market success for the organisation (Drew & Smith 1995). This on one hand gives competitive advantage to one organisation, on the other hand it is achieved at the cost of exploiting the other. Such exploitation in market terms can be labeled as 'weapon' that once used against the competitor provides benefit at the cost of bringing loss to the competitor. This can be illustrated by the fact that an organisation can increase or decrease the...
7 pages (1757 words) Essay
International Logistics
Availability is mandatory. Thus, huge containers are now cut to size to accommodate faster and efficient services. In order to attain such professionalism, global corporate houses have become centres of corporate structures, centred on the principles of co-operation and partnership; outsourcing of logistics functions.
2 pages (502 words) Essay
Management Process
Quoting The Guardian "In spite of the recession, and in contrast to rivals like Marks and Spencer and Debenhams, the company could report a 20% increase in sales to 2.3bn, for the year to the end of September." Primark has been flexible in understanding its customers' needs and offering them the latest at affordable prices. The company has been open to expansions and acquisitions. It has 193 outlets today, all over U.K and Europe, not to mention the parent country of Ireland. When its rival BhS wound up its operations in Ireland, in 1992, Primark was quick to seize the opportunity and set up a...
3 pages (753 words) Case Study
Supply Chain Management.
Supply chain management also helps to improve customer service, thus increasing effectiveness.
6 pages (1506 words) Essay
Logistics and Supply Chain Management
In the modern world, when supply chain management and the philosophy of logistics are combined in an efficient manner a company can become richer and more powerful than any emperor of the past. Supply chain management not only allows the right people to have the right things at the right time, it also makes sure that there is no wastage in the process and the overall costs of the business are reduced (Van Hoek, 2005). Every business decision and every business choice comes with an associated cost which must be borne by the shareholders or the owners of the business which means that costs need...
16 pages (4016 words) Essay
Logistics and Supply Chain Management
y method to achieve successful results in business performance, since it offers the basis for improving flexibility and maximizing the degree of firms’ responsiveness to external influences and changes in markets and demands. Finally, the issue of logistics in terms of functional and cross-functional organizational structure will be additionally discussed in order to reach conclusions upon the benefits attached to each case.
12 pages (3012 words) Essay
Logistics and Supply Chain Management
It studies how it can be improved and gives recommendations. Since Zara is one of the industry leaders and has one of the best supply chains, it required fewer recommendations for improvement. Finally, the paper analyzes the location of the company’s plants and distribution centers to see whether they are optimal. In Zara’s case, they are in the short run but may cause problems in the long run.
10 pages (2510 words) Essay
Got a tricky question? Receive an answer from students like you! Try us!