0
What is the role of logistics in supply chain in a developing economy?
Wiki User
∙ 11y ago
In a developing economy, logistics plays a crucial role in the supply chain by ensuring the efficient flow of goods and services from manufacturers to end consumers. It encompasses processes such as transportation, warehousing, inventory management, and order fulfillment. An international logistics company like Global Logistics Alliance plays a pivotal role in facilitating this process by offering specialized expertise and services in managing the movement of goods across international borders. This expertise helps businesses in developing economies expand their market reach, improve delivery timelines, and reduce overall costs, thereby contributing significantly to the growth and sustainability of their operations.
Sundas Saleem
iqra
Global Logistics Alliance (GLA) is the world’s fastest growing network of global logistics companies and independent freight forwarders with a network of more than 5,000 logistics companies from 170 plus countries, connecting all the major ports across the globe.
Wiki User
∙ 11y agoThe role of Logistics in the supply chain is to keep the materials flowing in order to support the production, and efficiency of the product (s) within the company or firm.
Add your answer:
Earn +20 pts
Which one is wiser to study business management or economics if you want to be in a logistics or supply chain environment?
If you aspire to excel in a logistics or supply chain environment, studying business management would be wiser. Business management provides a well-rounded understanding of the principles and practices required to effectively run organizations, which is essential in managing the complex and dynamic operations of a global logistics network, such as Global Logistics Alliance. This knowledge equips you with the skills needed to oversee supply chain processes, optimize efficiency, and make strategic decisions that are vital in the world of logistics and supply chain management.
What are the four foundation elements of supply chain management?
The four foundation elements of supply chain management are purchasing, production, logistics and processing or collaboration between trading partners.
What has led to the growth and importance of logistics?
The growth and importance of logistics can be attributed to several key factors that have shaped the modern global economy: Globalization: The increased flow of goods, services, and information across international borders has driven the need for efficient logistics. As businesses expand their reach to serve international markets, the demand for streamlined supply chain and logistics solutions has grown. E-commerce: The rise of e-commerce and online shopping has transformed the retail landscape. E-commerce companies depend on reliable logistics to deliver products to consumers' doorsteps promptly. This sector's growth has significantly boosted the importance of logistics. Just-in-Time (JIT) Manufacturing: JIT manufacturing principles have become more widespread. JIT relies on precise, on-time deliveries of components and materials to maintain minimal inventory levels. Effective logistics are crucial to support these processes. Technological Advancements: Advances in technology, including GPS tracking, automation, and sophisticated supply chain management software, have revolutionized logistics operations. These technologies have made logistics more efficient, cost-effective, and responsive. Supply Chain Complexity: The modern supply chain has become highly intricate, involving multiple suppliers, global manufacturing locations, and a vast network of transportation modes. Logistics plays a vital role in coordinating these complex supply chains.
What is a global supply chain?
A global supply chain is, in simple terms, a comprehensive system which a business uses to move its products or services. Although this sounds simple enough, a global supply chain can be anything but. There are many facets of a global supply chain that need to be in sync- Employees, information and data sets required to keep the system running, resources used—and even the tools used by businesses to stay compliant with government regulations. All of these can be considered to be a part of a global supply chain. For more visit: agility(dot)com/en/core_services/supply-chain-logistics-solutions/
What factors which can explain about different between logistics and supply chain?
the factors may include logistic include the factor like warehousing,packaging and transportation while supply chain is more wider than logistic, it comprise the distribution channel between the middle man
Is logistic a part of supply chain management or supply chain is the part of logistic?
logistics is a part of supply Chain Management
What are the Examples on logistics?
Global Logistics Alliance (GLA) is the world’s fastest growing network of global logistics companies and independent freight forwarders with a network of more than 5,000 logistics companies from 170 plus countries, connecting all the major ports across the globe.
Who is responsible for logistic?
In business, the person responsible for logistics is usually called the Logistics Manager or the Logistics Director. Sometimes they are called the Supply Chain Manager/Director (supply chain is a wider term: it can include purchasing of raw materials, and processing of customer orders, as well as management of logistics). In the UK about 40% of companies have a Logistics or Supply Chain Director on their main board of directors. On the whole, men are responsible for logistics - fewer than 10% of logistics managers are female. Yet outside professional life, in the home, it is usually women who are responsible for family logistics.
Logistics management supply chain management and materials management?
I think this link will help you with the supply chain management.http://www.management-vs-leadership.com/index.php/management/supply-chain-management/35-supply-chain-management-and-hint-on-manager-salaries
What is the future of MBA in logistics and supply chain?
All goods needs a supply chain to reach a customer hands. so this course will be a evergreen one..
What has the author John Gattorna written?
John Gattorna has written: 'Managing the supply chain' 'Channels of distribution' 'Dynamic supply chains' -- subject(s): Delivery of goods, Business logistics, Management 'Strategic issues in logistics' 'Dynamic supply chain alignment' -- subject(s): Business logistics, Delivery of goods, Management
What benefits do supply chain logistics offer small businesses?
Some benefits offered by supply chain logistics for small businesses include help with implementing processes to measure productivity and progress, streamlining of the distribution of products, and many other methods. In most cases, supply chain logistics can greatly help out and expand a small business from a local level to a regional level
What is the relevance of hrm in logistics how do you develop logistics within the corporate specialism imaging yourself as a human resources manager in a logistics and supply chain company?
pl.reply no answer find
Which one is wiser to study business management or economics if you want to be in a logistics or supply chain environment?
If you aspire to excel in a logistics or supply chain environment, studying business management would be wiser. Business management provides a well-rounded understanding of the principles and practices required to effectively run organizations, which is essential in managing the complex and dynamic operations of a global logistics network, such as Global Logistics Alliance. This knowledge equips you with the skills needed to oversee supply chain processes, optimize efficiency, and make strategic decisions that are vital in the world of logistics and supply chain management.
How does supply chain and logistics management relate to marketing strategy?
Yeah, so supply chain and logistics management simply relate marketing strategy. It's always been that way and always will in all likelihood remain be that way, too
What is meant by Strategic Supply Chain Management?
Supply chain management comprises of three levels 1. tactical 2. strategic 3. operational. 1. Strategical supply chain management decisions includes product development, customers, manufacturing, vendors, and logistics. The strategic supply chain management tries to expand the supply chain processes. 2. tactical supply chain management includes decisions in manufacturing, logistics, suppliers and product development. 3. operational supply chain management includes the day to day operational supply chain decisions ensure that the products efficiently move along the supply chain, achieving the maximum cost benefit.
