Preview

Logistics

Powerful Essays
Open Document
Open Document
2160 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Logistics
Case Study report of DHL
Abstract
The rapid development of global commerce has drove logistics to reduce products lifecycles, increase response and action efficiency and optimize investments of inventory for current businesses. Therefore, logistics plays a pivotal role in nowadays commerce. The objective of the report is to discuss and evaluate the existing logistics theories. Whereas, DHL will be selected as a case study so as to get a further understanding on logistics according to the analysis result.
Introduction
As with the growing complexity of transporting goods and supplying materials for a business in world’s supply chain, expertise that developed to deal with this kind of problem is imperative so logistics. The concept of logistics is not specific, the world’s formal definition is ‘Logistics is the management science of supply chain and the art of controlling and managing any kinds of resources flow like products, information, petrol and even people between the origin point and the consumption terminal so as to satisfy clients’ demand’. Logistics is in relation to the process of moving the right products and services at the right quality to the right place at the right time with right prices. It is said to be the essential part of any marketing or manufacturing activities. Logistics involves
Literature Review
Since the value of time becomes more and more important in today’s global commerce, transportation speed and delivery reliability are necessary for companies to compete emulously in business operations which drives logistics industry to improve service standard. In 1996, Kostecki pointed that conscientious in accordance with service determine logistics companies’ emulously advantage and success. To that content, an important part to be integrated into time management for logistics industry is operating business with clients effectively and innovating more efficiency operation skills with clients. This is important because any inefficiencies



References: 1. Ahanori, Y & Nachum, L 2000, Globalization of Services: Some Implications for Theory and Routledg: London 2. Degraeve, Z & Roodhooft, F 1999, “Effectively selecting suppliers using total Cost of Ownership”, The Journal of Supply Chain Management, vol. 35, no. 1, pp. 5-10. 3. Kiely, D 1999, “Synchronizing supply chain operations with consumer demand Using customer data”, The Journal of Business Forecasting Methods & Systems, vol. 17, no. 4, pp. 3-9. 4. Kostecki, M 1996, “Waiting Line as a Marketing Issues”, European Management Journal, vol. 14, no. 3, pp. 295-303.

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Currently, in today’s world there are many organizations, which developed logistics and supply chain management systems for the daily operations. Marathon Oil Corporation has been around since 1887 making energy history. Marathon Oil has tracked the Company’s growth and evolution as leader in worldwide energy innovations. Logistics and supply chain management systems is an area of business concerned with the production of quality goods and services, and involves the responsibility of ensuring efficient and effective guidelines. There are many ways logistics system may be effective but not efficient from the time of sourcing a particular commodity until it reach site destination. Certainly logistics and supply chain management sets have distinctive the inputs of material throughout the internal task and output.…

    • 387 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    New Product Development

    • 10490 Words
    • 42 Pages

    Kotler, P., Armstrong, G., Saunders, J. and Wong, V. (1999), Principles of Marketing, Second European Edition,…

    • 10490 Words
    • 42 Pages
    Powerful Essays
  • Best Essays

    The globalisation of markets has increased customer demand and product differentiation. Higher quality products and shorter delivery times are essential for maintaining customer satisfaction in highly competitive markets like the consumer electronics industry. Consequently, supply chain management is an important process in all businesses, and if managed effectively, can give companies a competitive edge. However, it often requires a lot of time and resources. Businesses that manage the entire supply chain in-house will usually find this process almost impossible, especially when supply chain management is not a core competency of the firm. Therefore, a third party logistics provider (3PL) can take the pressure off these companies and allow them to focus on what they are good at. They can offer greater flexibility and access to more advanced supply chain technology. However, this does not mean companies can simply take the back seat. Businesses that are successful work together with their supply chain partners in a close relationship. Only then do they realise the full potential of a 3PL.…

    • 3230 Words
    • 13 Pages
    Best Essays
  • Good Essays

    References: Burt, Petcavage, & Pinkerton, Richard (2010). Supply Management. 8th Edition. New York, NY: McGraw- Hill…

    • 810 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Haniefuddin, S.K., Shamshudden, S., & Khadar Baba, S. (2013). Essentials of Logistics and Supply Chain Management . Lulu…

    • 358 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Proc 5850 Logistics

    • 2158 Words
    • 9 Pages

    Due to increasing competition in the world, the company has to advance its logistics system. To meet the ever increasing demands of the customers, the company is planning to form a single regional warehouse that will be in charge of the customer orders. Logistics is responsible for the movement of people and materials in the organization. Logistics department of the company decides as to how and when, the raw materials or other finished or semi-finished products should be moved and stored.…

    • 2158 Words
    • 9 Pages
    Good Essays
  • Better Essays

    Logistics, as an important part of the national economy, plays an important role in the modern economy. Distribution is an important part of the enterprise of logistics, and the costs of distribution account for most of the logistics’ costs. This paper first introduces the concept of distribution and the cost structure, and provides people with a basic understanding of this, and then some control strategies have been put forward as the analysis of factors influencing the distribution cost. We can reduce the cost of the distribution by these measures to enhance the competitive edge of the entire company. In this essay, I take the Wal-Mart supermarket as an example to analyze its success in distribution, thus other companies may benefit a lot from their success.…

    • 1876 Words
    • 8 Pages
    Better Essays
  • Better Essays

    Melnyk et al.2014

    • 6127 Words
    • 28 Pages

    Closs, D. J., and D. A. Mollenkopf. 2004. “A Global Supply Chain Framework.” Industrial Marketing Management 33: 37–44.…

    • 6127 Words
    • 28 Pages
    Better Essays
  • Powerful Essays

    The term, “logistics,” and its actions originated with the military. In the very beginning logistics applied to the process of supplying equipment and supplies to military. Logistics as a business concept appeared only in the 1950s with the increasing complexity of supplying businesses with materials and shipping out products in an increasingly globalized supply chain. Today, the business sector uses this term to describe the efficient flow and storage of goods from point of origin to the point of consumption. The supply chain management is a most important part of this process, including transportation, shipping, receiving, storage, and management of all these areas. Within the business sector, logistics can be applied to information, transportation, inventory, warehousing, material handling, and packaging, disposal and other different fields.…

    • 3473 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    ABSTRACT This paper analyzes the impact of information technologies (IT) on logistics by conducting a survey of literatures on academic logistics journals and practitioner journals. The literature survey and practice find that third party logistic providers have better opportunity to leverage IT since they need to have interoperable IT systems with their customers. The business philosophy of Just-In-Time (JIT) has also contributed to the impact of IT in logistics. Further, information technologies are identified that has benefited the logistics. Future directions of logistics are discussed. INTRODUCTION The proliferation of information technologies (IT) and the internet technologies have provided impetus and challenges to the logistics. New technologies present new means to manage the flow of information. IT as a productivity tool can be utilized to both increase the capability and decrease the cost at the same time (Closs et al., 1997). It has been widely accepted that firms can achieve competitive advantage by cost reduction or differentiation with the proper implementation of IT (Porter & Millar, 1985). Enabled by IT the logistics has become a source of competitive advantage for many firms. Two streams of research are identified that highlights the role of IT in logistics. First stream relates to just-in-time logistics information system (Anderson & Quinn, 1986; Bookbinder & Dilts, 1989; Das & Handfield, 1997; Gomes & Mentzer, 1988; Perry, 1988; Schwarz & Weng, 2000; Spencer, M. S. et al., 1994; Spencer, M. S. et al., 1996; Takahashi & Nakamura, 2000; Titone, 1996; Wafa & Yasin, 1996). The other stream is the third party…

    • 3712 Words
    • 15 Pages
    Powerful Essays
  • Good Essays

    Freight transport, or shipping, is a key in the value chain in manufacturing. With increased specialization and globalization, production is being located further away from consumption, rapidly increasing the demand for transport. While all modes of transport are used for cargo transport, there is high differentiation between the nature of the cargo transport, in which mode is chosen. Logistics refers to the entire process of transferring products from producer to consumer, including storage, transport, transshipment, warehousing, material-handling and packaging, with associated exchange of information. Incoterm deals with the handling of payment and responsibility of risk during transport.…

    • 774 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Logistics and Supply Chain

    • 3065 Words
    • 13 Pages

    Ellram, L.M. and W.L. Tate (2004). “Managing and Controlling the Services Supply Chain at Intuit,” CAPS Research, Practix: Good Practices in Purchasing & Supply Management, Vol. 7, August.…

    • 3065 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    -Internal flow of goods to travel smoothly from supplier to customer at lowest possible cost…

    • 21353 Words
    • 86 Pages
    Powerful Essays
  • Good Essays

    Procurement

    • 953 Words
    • 4 Pages

    Adapting the Council of Logistics Management definition of logistics, “Global logistics plan, controls, and manages the movement and storage of goods, services, and related information as it moves across international boundaries from raw material provider to consumer also considering the handling of return goods and containers. While there are some that would argue that there is not much difference between domestic and international logistics, there are some substantial differences which are often characterized as the “four Ds” –demand, distance, documentation, and diversity. The demand is greater, the distances are longer, the documentation is more extensive, and there is substantial diversity in requirements and cultures.…

    • 953 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    project

    • 25964 Words
    • 69 Pages

    ORIENTAL INSTITUTE OF MANAGEMENT VASHI NEW MUMBAI PREPARED BY SUNIL SINGH LOGISTICS MANAGEMENT - INTRODUCTION Logistics management is that part of the supply chain which plans, implements and controls the efficient, effective, forward and backward (reverse) flow and storage of goods, services and information between the point of origin and the point of consumption in order to meet customers requirements rather to the customers delight. A professional working in the field of logistics management is called a logistician. Logistics, as a business concept, evolved only in the 1950s. This was mainly due to the increasing complexity of supplying ones business with materials, and shipping out products in an increasingly globalized supply chain, calling for experts in the field who are called Supply Chain Logisticians. This can be defined as having the right item in the right quantity at the right time at the right place for the right price and to the right target customers (consumer) and it is the science of process having its presence in all sectors of the industry. The goal of logistics work is to manage the fruition of project life cycles, supply chains and resultant efficiencies. Logistics is concerned with getting (or transmitting) the products and services where they are needed or when they are desired. It is difficult to accomplish any marketing or manufacturing without logistical support. It involves the integration of information, transportation, inventory, warehousing, material handling, and packaging. The operating responsibility of logistics is the geographical repositioning of raw materials, work in process, and finished inventories where required at the lowest cost possible. b. Origin and Definition of Logistics The Oxford English dictionary defines logistics as The branch of military science having to do with procuring,…

    • 25964 Words
    • 69 Pages
    Powerful Essays