Opportunities and issues with western NY as a logistics HUB
The Positive Aspect of Railway System in Western NY Concerning Supply Chain and Logistics
According to Taylor (2003), the supply chain is a network that exists between the various companies that manufacture, handle, and distribute a particular product. This chain is particularly the path or the stages that a product follows from the supplier down to the final consumer through all the retailers and wholesalers. Logistics is different from the supply chain. In this case, logistics are used to refer to the process of distribution within a company. On the other hand, the supply chain is an inclusion of a number of companies like manufacturers, retailers, and the suppliers. In this regard,
…show more content…
It is found in the County of Erie, on the eastern parts of the Lake Erie, and on the western sides of the state of New York. Buffalo is the 45th largest city in the entire United States of America and the largest in the upper states of the state of New York (Tindall & Shi, 2010). The city is traced to have originated around 1789 as a relatively small trading community that grew fast after the Erie Canal was opened because the city became its terminus on the west. Buffalo City became a major railroad hub and the largest grain mill in the United States of America (Smith, …show more content…
Lawrence Seaway also cut the major direct connection of the city to other parts of the globe. In this case, the shipping activities were relocated from the city to the St. Lawrence Seaway. The railroad was also relocated, and all the major transport sectors were cut and the city was no longer as accessible as it was in the early 20th century. The misfortunes that befell the city of Buffalo greatly affected its population size. This has had a considerable impact on the supply chain and demand logistics. The 'small' that is used to refer to the city of Buffalo is not just the geographical size of the city, but the population size and the market size. In this case, in economics, the physical size of a place is not a factor that affects or determines any of the economic factors. Each place in the supply chain must determine the amount to be produced other than just manufacturing a product. This decision is influenced by the component supply from one stage of the supply chain down from the next and demand up from the next