Premium Essay

Logistic Features and Challenges

In:

Submitted By moo1234
Words 4994
Pages 20
Supply Chain Management (Logistic features and challenges)

Outlines:

* History of logistics

* Introduction to Logistics and SCM

* Business Logistics

* DISTINGUISHED PROBLEMS OF LOGISTICS

* 3 Logistical Challenges Every Growing Business Must Overcome

* WalMart

* Conclusion

History of logistics:-
Logistics has been playing a fundamental role in global development for almost 5,000 years now. Since the construction of the pyramids in ancient Egypt, logistics has made remarkable strides. Time and again, brilliant logistics solutions have formed the basis for the transition to a new historical and economic era. Examples of this fundamental progress include the invention of the sea-cargo container and the creation of novel service systems during the 20th century. Both are integral parts of globalization today.
Around 2700 B.C.:
Material handling technology in pyramid construction. Blocks of stone weighing several tons were transported and assembled at the construction site. To build the Great Pyramid of Giza, which is 146 meters high and weighs 6 million tons, the Egyptians needed sophisticated material transport equipment capable of moving the massive building blocks and putting them into place. Even today, we still cannot fully explain how this level of precision was achieved using the hoisting equipment and means of transport available around 2700 B.C.
Around 300 B.C.:
Revolutionary Greek rowing vessels – the new foundation of intercontinental trade. The revolutionary invention of rowing vessels created the basis for rapid travel across the high seas. This invention formed the foundation for the creation of enormous logistics supply systems required by mobile army camps. Using these logistics capacities, Alexander the Great undertook campaigns with his troops, their families and their weapons of war that extended

Similar Documents

Premium Essay

Operations

...globalisation of supply chains Christopher, M. (2011) Logistics and Supply Chain Management (pp. 171-178) 4th ed. FT Prentice-Hall. ISBN 0273681761 These pages describe the main features of globalised supply chains and provide a useful example of the challenges faced by Nike. Rushton , A. Croucher, P. Baker, P. (2010) The Handbook of Logistics and Distribution Management (pp. 23-24) Taschenbuch - Kogan Page. ISBN 9780749457143 This short section considers the need to ‘plan and manage logistics as a complete and integrated system. The global trading system Hoekman, B.M. & Kostecki, M. M. (2009) The political economy of the world trading system from GATT to WTO. 3rd ed. (pp. 7-56) Oxford: Oxford University Press. ISBN 978-0-19-955377-8 This chapter looks at the role of the modern system of international trading agreements in making the globalisation of business possible.   Issues for global supply chains Christopher, M. (2011) Logistics and Supply Chain Management (pp.178-185) 4th ed. FT Prentice-Hall. ISBN 0273681761 These pages consider the importance of visibility in meeting the challenges of global logistics. Rushton , A. Croucher, P. Baker, P. (2010) The Handbook of Logistics and Distribution Management (pp. 62-79) Taschenbuch - Kogan Page. ISBN 9780749457143 This chapter describes the key issues and challenges for logistics. Global sourcing and manufacturing Christopher, M. (2011) Logistics and Supply Chain Management (pp. 184-187) 4th. ed FT Prentice-Hall...

Words: 389 - Pages: 2

Premium Essay

Nokia Case

...fully in-house product development.Third would to continue parallel organization structure. The primary function of the Danish site was the development of mobile phones, including every aspect from R&D to sourcing and logistics to marketing and market segmentation.For them challenge was to ensure that interfaces between hardware and software are flawless.In Danish unit the product development had three phases:concept mapping,product development and product maintenance. In 2007, Nokia had joint R&D(JRD) setup with Foxconn for developing and testing mobile phones.It was bottom-up approach to ease capacity burden.The reasons to chose Foxconn were it was cost saving, they had relevant knowledge and expertise in this field.Even after handing over complete Nokia Denmark was still involved in the process and they needed frequent meeting so distance was becoming concern.Foxconn was really fast and had good decision making.Secondly, Foxconn product development was very fast and efficient like Nokia Denmark average PD was about 12-15 months whereas Foxconn performed same tasks in 8 months with same quality.The major challenge faced by Nokia Denmark was to convince and change outlook of Nokia employees. The task of aligning with Foxconn faced some challenges. Firstly, it was not self-manageable and for this they had to...

Words: 709 - Pages: 3

Premium Essay

Flipkart's Ecommerce Model

...Introduction Flipkart is an Indian e-commerce company headquartered in Bangalore, Karnataka. It was founded by Sachin Bansal and Binny Bansal in 2007. In its initial years, Flipkart focused on online sales of books, but it later expanded to electronic goods and a variety of other products. Flipkart offers multiple payment methods like credit card, debit card, net banking, e-gift voucher, and the major of all Cash on Delivery.[3] The cash-on-delivery model adopted by Flipkart has proven to be of great significance since credit card and net banking penetration is very low in India. History Flipkart was founded in 2007 by Sachin Bansal and Binny Bansal, both alumni of the Indian Institute of Technology Delhi. They worked for Amazon.com before quitting and founding their own company. Initially they used word of mouth marketing to popularise their company. A few months later, the company sold its first book on flipkart.com—John Woods' Leaving Microsoft to Change the World. Today, as per Alexa traffic rankings, Flipkart is among the top 20 Indian Web sites and has been credited with being India's largest online bookseller with over 11 million titles on offer. Flipkart claims to have had at least 100% growth every quarter since its founding. The store started with selling books and in 2010 branched out to selling CDs, DVDs, mobile phones and accessories, cameras, computers, computer accessories and peripherals, and in 2011, pens & stationery, other electronic items such as home...

Words: 1994 - Pages: 8

Premium Essay

Importance of Logistics

...TL1033: Logistics (Part 1 – Introduction to Theory) Level 1 – Semester 2, Bachelor of Transport and Logistics Management Department of Transport and Logistics Management Assessment 1 131448P “Leaders win through logistics. Vision, sure. Strategy, yes. But when you go to war, you need to have both toilet paper and bullets at the right place at the right time. In other words, you must win through superior logistics.” - Tom Peters The word logistics was used in warfare where logistics became a pivotal technique to win the game. In that case most of the military logistics literatures of early periods were delivered the tactics and insights to work in complex environments (McGinnis, 1992) where the flow of material and information become vital. This basic phenomenon was integrated into the business and currently logistics acts as a central and essential feature of all economic activities (Christopher, 1986). The importance of logistics can be understood by its evolution. Earlier, flow of material was under different and fragmented activities such as purchasing, warehousing, transportation and etc. Then it became material and distribution management, and thereafter it has moved towards linking it to integrated logistics (Ballou, 2007). All these integrations to intent and purposes were to reduce costs incurred through logistics activities as logistics costs were seemed to be higher than any other cost of business activities. As an example, national level logistics cost of...

Words: 1882 - Pages: 8

Premium Essay

Difference Between E Logistics and Traditional Logistics

...enables informational technologies to fuse with logistic. In this fast growing global economy, e-logistics has been appeared to overcome the informational barriers in the supply chain. This essay indents to bring an interpretation of the “old economy” logistics with "new generation" logistics. Firstly, the essay explains the definitions of the e-logistics and also analyses the differences between e-logistics and traditional logistics. INTRODUCTION Oscar Morgenstern proposed logistics as a discipline in science economy. Until the Second World War, logistics was considered as a science using for military services. Now logistics is considered as a civil science. The developmental stages of logistics can be categories as military logistics, business logistics and e-logistics. Among these stages, e- logistics can be considered as the latest stage of this industry. Nowadays, e-logistics has been discussed as electronic logistics, which uses the web technology as inevitable tool to administer some of the sectors of logistic industry or the whole process (Wang Wei, 2003); according to Prof. Zhai Xuewei, e-logistics is the combination of logistics supporting e-commerce and the electronic technology for logistics (Sun Chao, 2002). In this juncture, e-logistics can be regarded as e-logistic commerce, in which information flow is combined in the form of electronic technology, network technology and automation. Therefore, e-logistics allow to contribute data, facts and knowledge within...

Words: 1885 - Pages: 8

Premium Essay

Vsv Internal Controls

...Logistics Management Division’s VSV Program Strengthens Internal Controls Launched in September 2013, the Office of Administration, Logistics Management Division’s Virtual Site Visit (VSV) program is a comprehensive review of an office’s compliance with policies and procedures in the Logistics Management areas of operation. It is intended to reduce the number of findings from audits, Inspectors General reports and other internal and external reviews of compliance. It replaces the traditional physical site assistance visit in a time of dwindling travel budgets, while enabling Office of Administration to continue one-on-one engagement with agency offices. To date, we have conducted 18 VSV’s, with a slate of eight underway for FY 2016. To develop the program, we reviewed every Logistics Management policy, procedure, handbook, branded form and guidance document to develop measurable performance criteria. The result is a 40-item checklist covering 14 areas of operation, including personal property, physical inventory, fleet, leased copiers and transit subsidy. Each item in the checklist features specific policy references, evaluation criteria, data sampling and/or analysis methodology and objective performance benchmarks. The program is entirely virtual, requiring no physical presence, and is managed using existing agency technologies, including the Enterprise Collaboration Network (ECN), AT&T Connect and Lync. The VSV is not an audit, rather it is a review program intended...

Words: 482 - Pages: 2

Premium Essay

Seibel

...Challenges with Original Xbox Microsoft encountered many challenges when launching the original Xbox in 2001. To better understand these challenges, we adopt the SOSTACTM (Situation analysis, Objective Setting, Strategy, Tactics, Actions and Control) framework developed by Paul Smith to summarize the Supply Chain Management (SCM) strategy. Situation Analysis Microsoft did not have a presence in the gaming console market and was up against strong competitors which already had established markets such as Sony (Playstation) and Nintendo (GameCube). This competitive landscape put them in a position wherein the company needed to develop a product which offered features that were comparable to existing products in the market place and priced perfectly so that they can establish the Xbox in the market. Moreover, it was critical to launch in time for the 2001 holiday season to allow Xbox to have a presence in the marketplace before it became up against the “next-generation product”. Thus, Microsoft’s early challenges came at a price of high production ramp up costs because it needed to produce 100,000 consoles in a week in order to launch the new Xbox in time for Christmas. Objective For Microsoft, the original Xbox was primarily aimed at entering the gaming console market, learning from the experience and paving the way for the next generation of products. Strategy Microsoft adopted a push supply chain strategy using an extended supply chain. It developed its products...

Words: 1343 - Pages: 6

Premium Essay

Hp-Randymott

...EVOLUTION AND ROLE OF LOGISTICS IN BUSINESS 3. CUSTOMER SERVICE AND ORDER PROCESSING 4. LOGISTICS & SUPPLY CHAIN INFORMATION SYSTEM 5. REVERSE LOGISTICS DESIGN AND MANAGEMENT 6. FUTURE OF LOGISTICS 7. CONCLUSION The Institute with Societal Vision INTRODUCTION The Institute with Societal Vision TYPES OF MARKETING Serial no. 1 2 3 4 5 Situation Latent demand Negative demand No demand Regular demand Irregular demand Types of marketing Creative marketing Conversion marketing Stimulation marketing Aggressive marketing Synchronizing marketing The Institute with Societal Vision GOALS OF MARKETING Serial no. 1 2 Enterprise Goals Profitability Growth Marketing Goals Sales revenue maximization Cost minimization Sales growth maximization Product development Market penetration Market development Diversification Innovation Market leadership Consumer satisfaction Brand image Company image 3 4 Market standing Image The Institute with Societal Vision MARKETING ENVIRONMENTS Serial no. Parameters Areas 1 2 3 4 Socio-cultural Politico-legal Technological Economic Consumers and their preferences Government policies and legislation R&D labs, science and technology association and innovation Competitors, suppliers, channel members, industry association and business concern Governments economic policies, savings, consumptions, investments and employment levels The Institute with Societal Vision RESPONSES TO CHALLENGES S.NO. 1 2 3...

Words: 2782 - Pages: 12

Premium Essay

Htc Info

...HTC Posted on June 16, 2012 by John Dudovskiy HTC Corporation (formerly known as High Tech Computer Corp.) is a Taiwan-based smartphone manufacturing company engaged in design, development, manufacturing and sales of mobile computers, personal digital assistant phones, touch phones and smart phones and offers its products in Europe, Asia pacific, North and Latin America, Africa and Middle East (Bloomberg, 2010). The company has gained a reputation in terms of innovation related to the features of their products as well as their design   The Evolution of HTC HTC was founded in 1997 by three business people and technology enthusiasts Cher Wang, HT Cho and Peter Chou. The founders took the roles of Chairwoman, Director of Board and Chairman of HTC Foundation, and President and CEO respectively. At the initial period of business HTC was mainly involved in partnerships with companies like Compaq, Dell and HP designing and building PDAs (personal digital assistants) for them. The most innovative and acclaimed products of these brands HTC was closely involved in include Compaq iPAQ, Treo 650, O2 XDA, and Orange SPV (Hi, we’re HTC, 2010) The company was introduced to the public as an independent brand starting from June 2006, and manufactured its first own brand product HTC Touch, which is claimed to be by the company a first finger-friendly touch-screen smartphone in June 2007. Today HTC boasts with its popular products as Touch Diamond, Hero, HD2, HD Legend, and Desire, and...

Words: 7173 - Pages: 29

Premium Essay

Assignment

...SD The sales order exercise in the SAP system gives you practice in simulating the roles played by numerous users/departments in an actual business setting. As you work on this and other SAP assignments, see if you make your experience exploratory and playful. Using SAP, work through all the seven steps shown in the OSU lab 3: sales ordering exercise from our SAP Materials page. A. For EACH step 1 through 7, answer the following questions: 1. Explain in your own words what you are doing in this step and why it is necessary to perform the step. In this step, we create an inquiry to a customer that tells them the price of specific quantity of the product, they would like to order. An inquiry is created by following the menu path: Logistics Sales and Distribution Sales Inquiry Create. As shown in the figure below, Sold-to-Party and Ship-to-Party fields are populated by searching with dataset# 70 and selecting 70 West Hills Athletic Club. A purchase order number WH170 is created for the inquiry. Also the duration for which this inquiry is valid, is defined by setting Valid from and Valid to fields. The material which customer wants to buy is entered in the Material column and the quantity in Order Quantity column. The availability of the product can be viewed by selecting the row and clicking on the Display availability icon () The net cost and discount details can be viewed by selecting the row and clicking on item conditions icon (). Figure given below shows the discount...

Words: 1165 - Pages: 5

Premium Essay

A Leader of Logistics and Supply Chain Management: Ronald H. Ballou

...A leader of Logistics and Supply chain management: Ronald H. Ballou Chen Wang University of Windsor ELIP 3 Section 7 Instructor: Mary Wheeler Introduction: Background information Logistics and supply chain management, as a vital business activity, to some extent, has became a new core of business management today, compared with traditional fields such as finance, marketing, and production. Being a theoretical expert and practical leader in the field, Ronald H. Ballou, who is the professor of Weatherhead School of Management, Case Western Reserve University, has been standing at the top level in modern logistics’ research and application. In academic research, he published more than 50 articles in professional logistics journals and teaching materials he wrote has been using in relative teaching fields. In application area, he is a welcomed consultant to many companies on logistics issues. He is the model of theory- practice bond in the fields. Issue identification It is obvious that there are various components of a typical logistics system, such as inventory control, material handling, plant and warehouse site selection, packaging, traffic and transportation, etc.. Song (2007, p. 11) states that whether these procedures can be reasonably and exactly designed is the key to companies cutting down their costs and creating more value. In simpler words, it refers to reducing redundant spaces and wasteful time. Upon this, Ronald H. Ballou developed the computer software...

Words: 1317 - Pages: 6

Premium Essay

Describing What Indications of Accuracy, Validity, Verifiability, Authority, and Recency You Found in Each of Your Search Results

...Logistics Written Assignment 3 * How does the warehouse location decision affect the rest of the logistic decisions? With costs exploding in the market, the location of a warehouse is crucial for an organization’s profitability. In a well-designed supply-chain location is of supreme importance. Selection not only impacts the supply chain it also has a significant impact on future cash flows. As with any individual logistics activity, management must always ensure that the logistics system as a whole benefits from the chosen warehousing strategy. In other words, the costs of the building and maintaining the warehouse have to be less than the benefit the firm is receiving. When the location is chosen, management has to decide whether they want to support multiple markets from one centralized warehouse or place a facility in each market. Once the question of centralization is addressed, the decision of how many warehouses comes into play. Then management must look into warehouse alternatives such as private warehousing, contract warehousing, or public warehousing. This decision is based on the type of warehouse functions are needed by the firm (i.e. receiving, put-away, storage, replenishment, order selection, etc.). Also on whether the warehouse is going to serve the firm as a place for gathering / consolidation or break-down function. If they choose a private warehouse, a one level warehouse facility is most recommended but that also depends on location and what...

Words: 660 - Pages: 3

Premium Essay

Automotive Logistics

...Report - Automotive Logistics India 2010 - Automotive Logistics India http://www.automotivelogisticsindia.com/82/Report/[10-12-2010 00:00:14] CONFERENCE 2009: Market boom, but where are the 3PLs? PUNE 2-4 December 2009: As delegates assembled in Pune, India’s car sales figures for November were released – and they made startling reading. Growth is back in India: market leader Maruti Suzuki saw sales jump 60% over the same month in 2008 (though only 17% up on 2007); Tata Fiat was up 55%; Hyundai up 93%; GM up 65%; and Mahindra more than doubled at 102%. The figures confirm that late 2008 was just a brief pause in the upward trajectory of car production and sales. But logistics is groaning under the strain. Both speakers and delegates lamented the low cost/low investment logistics model which exists in the automotive sector in India. OEMs called for a significant increase in the low level of involvement from sophisticated 3PLs. About the conference Read the conference reports via these links: 1 - Overall conference report 2 - Special report on packaging 3 - Special report on supply chain management See the conference programmeand speakers. See archive information about the previous two annual India conferences by using the top navigation. See the Jan-Mar 2010 issue of Automotive Logistics magazine for a report in print, together with market statistics. The 2010 conference will be from 8-10 Dec in Chennai. Register your interest. This conference was the third...

Words: 2948 - Pages: 12

Free Essay

Logistic Control Tower

...Project : Logistics Control Tower Objective: To design a Logistics Control Tower Solution for E-Commerce Companies Write-up: A control tower is a single command centre for visibility, decision-making, and action, based on real-time data. It’s a powerful cloud service providing a comprehensive unified prospective of your business; top-down to bottom-up. Cross functional team can now rely on a single product to plan, monitor and respond to all business challenges (in this case all issues occur in logistics) quickly, collaboratively enabling you to measure the impact of changes, study response scenario, recalibrate strategies and envision what’s coming down the road, allowing you to see and know it all at the same time. With the help of control tower, Company (and supply chain) will come to be recognized not as a collection of separate functions but as a system in which the flows of information, materials, manpower, capital equipment, and money setup forces that determine the basic tendencies towards growth, fluctuation, and decline. A Supply Chain Control Tower system includes a dedicated team of people responsible for monitoring the alerts of the tower and for taking action when the tower predicts an incident may happen or if an incident already happened. This designated team is delegated the authority to make real time decisions based on the alerts and recommendations reported by the Control Tower. A properly structured Control Tower must be “armed with both the ability to determine...

Words: 864 - Pages: 4

Premium Essay

Fed Ex

...FEDEx and UPS suggestions: Since FEDEx and UPS uses a fleet of more than 50 aircrafts for logistics, the ERP module of Flight Cargo with Auto load plan option can be very useful in seamless handling of flight cargo. Today freight forwarders need to quickly dispatch to the point of delivery in order to facilitate their supply chain management and the airlines that can meet these challenges are the airlines that will be called upon to move cargo. While selecting an Aircraft for Cargo Loading, system prepares automated Load Plan according to capacity of cargo by prioritizing AWB and sending automated cargo loading email alerts to all Shippers. The system has removed hurdle of communication between Operation and WMS staff while receiving cargo into Warehouse which was one of the main challenges in the trade. After completing automated plan the system locks all AWB and only authorized user could unlock them for editing or other purposes. The software provides the functionality to produce Flight departure report with all necessary details i.e. Flight departure time, total cargo loaded into Aircraft, type of Equipment used by ground handling staff etc. The main features of this module are:  Built-in "Fax & Email Feature" allow customers to receive arrival notices.  Tracking/Tracing Information via the Internet, as an option, benefits you and your customers.  Gross profitability report; flight wise / consignment wise.  Invoicing of whole flight.  Auto generated Load...

Words: 274 - Pages: 2