From this study it is clear that in modern logistics, the use of information technology systems is as common as forklifts. But the best companies have gone beyond puffing bar codes on their containers and tracking shipments by computer. According to a survey of more than 100 logistics services providers (LSPs) companies that primarily offer shipping and warehousing services and of manufacturers and retailers using their services, the best performers are investing in highly integrated systems across internal and external supply chains (The performance of these companies was measured by the quality and efficiency of logistics. The key criteria for quality were transport times, punctuality, correctness, and flexibility). This discussion stresses that the basic functional components of International trade are trade documentation generation and transmission. This would then include a complex exchange of information between multiple entities, including suppliers, carriers, freight forwarders, customs brokers, banking institutions, and other third party transportation and storage providers. As there is a requirement that goods should be shipped across borders in a multimode transportation manner, still many international shippers have not e-logistics software that provides the necessary visibility and flexibility to e-businesses that want to automate their global supply chains. ...Show more
This essay stresses that the importance of transport systems has always been demand-led issue ever since its creation and its usage has given a rise to many aspects to be considered. Strategic supply base reduction has become a major tool used by leading firms to reduce costs and improve quality…
The importance of logistics increases greatly when the main purpose of the project is to deliver food and basic aid to individuals suffering from malnutrition and poor living conditions (Thomas, 2003). Logistics basically encompasses a number of processes and methods to ensure a smooth flow of materials and resources from a place where they are manufactured or produced to the area or place where they are needed.
Thus instead of marketing, production, distribution and purchasing - all working away oblivious to the others, and each trying to optimize its individual efforts - the logistics concept suggests that it may be necessary for some or all of these areas to operate suboptimally in order that the whole system may be more effective.
As Andersen (2001) aptly observed, sustainable transportation in an age when energy prices are uncertain but broadly increasing requires that efforts be made to shift passenger and goods transport to cheaper means of transportation.
Customised safety solutions can be integrated into movement control systems in order to make the transportation of passengers much safer, and freight/cargo movement smoother and more secure.
The researcher analyzes today's application of Information Technology solutions to large-scale transportation and logistic systems that has certainly produced increased efficiencies. This essay refers to activities such as order booking and tracking, vehicle navigation, route planning, and safety and control systems as examples on the topic.
The advancement in logistical solutions in businesses over the years has exhibited the importance of an effective logistics system in a business. Effective logistics has ensured that deliveries are made in time from businesses to businesses and from businesses to clients (Kersten, Blecker & Herstatt, 2007).
a result, it becomes the prime responsibility of every entrepreneur or governmental business process to understand every aspect of logistics business process in a much effective manner (Aveta Limited, 2014). From a management perspective, one can refer logistics as a credential
16 pages (4000 words)Essay
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