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Logistics Management Trends

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Logistics management is part of supply chain management including the planning, implementation, control of the transport and storage of goods and services as well as related information from the place of origin to the destination, in order to meet customer’s requirements. The activities of basic logistics management include freight management for import and export, fleet management, warehousing, materials, order fulfillment, logistics network design, inventory management, planning Supply / Demand management, third service provider. At some different levels, the functions of logistics also include the search for input sources, production planning, packaging, customer services. Logistics management is an integrated function that combines and …show more content…

The implication of this trend is that it helps the trade among countries and regions in the world develops better and stronger, and it will lead to the appearance of new transportation, warehousing and assistant services. Following are some main trends in logistics and supply chain management recent years:
1) The application of modern information technology, e-commerce will increasingly popular and more extensive in the areas of Logistics: The global information network has been, and will have a great influence on the global economy. Logistics management is one of the most difficult fields, but it is a key factor for gaining the profitability of an e-commerce business( this method of business has become more popular in the world). The process and completion of customers’ order, delivery, payment and collection of goods that customers do not like ... are the main contents of logistics in the e-commerce environment. A adequate logistics system, suitable with the processes of e-commerce, to meet the demands of customers in the information technology era, is one of the main factors to have success in business. Thus, the application of information technology, e-commerce such as international supply chain management information system, radio frequency identification technology. .. will be more widely used in business, because the more quickly and accurately transmitted information is, the more effective …show more content…

It also includes strategies for developing logistics services. Over the past few years, areas of the ISCM have developed , becoming the bridge for the gap between supply-side efficiency and cost-sharing. Now SCM does not just involve "logistics management", which has been done in the past, but it also includes the management and coordination of activities, upstream and downstream linkages in the supply chain. Integrated supply chain management includes : planning and managing supply and demand; inventory management; inventory control; transportation and distribution efficiency; timely delivery and customer satisfaction; but it is not

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Even though the Moreno Valley World Logistics Center can bring harmful elements to the city, it will positively affect the community by generating jobs, tax revenue, and city growth. The Moreno Valley World Logistics center is such a great opportunity for all of Moreno Valley’s citizens. With facilities on this expansion of land, there is an estimated 20,000 jobs available within the center. The jobs range from pretty basic and minimum paying jobs like packing boxes to a robotics programmer. So yes, although there are some low level jobs about there are also jobs that require a good amount of intellectual knowledge that will pay fair.

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Shipping Smarter: Fresh Strategies for Cutting Down Freight Costs If you're reading this, chances are you're curious about how to save money on your freight costs. Let me tell you, it's not easy! Shipping and logistics can be very expensive. It's easy to get caught up in it all.

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The integration of the new of the new e-commerce features to a website requires the consideration of the current information technology infrastructure. The consideration of the current information technology is important since it determines the cost, the data storage and the processing of information (Chan, 2000). The current level of technology that is applied with the company can provide the details of the cost that the company should incur to implement the new e-commerce feature. This is because it can determine the component of the information technology that should be added to the existing level of technology. Again the current level of the technology used by the company can determine storage system of the inventory.

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1- Discuss the business and legislative changes that resulted in an increased awareness of the sourcing of transportation and logistics activates. There are several changes that resulted in an increased awareness of the sourcing of transportation and logistics activates such us the transportation and logistics carriers should be more open and aware of the market and sourcing to have to compete others. The services also should be aware of others and try to offer rewards to have more customers. 2- What are the benefits associated with maintaining control and visibility of transportation shipments?

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Simply, Supply Chain Management (SCM) can be defined as configure, coordination and improvement of well organised set of activities. The main motive of supply chain management is that to provide maximum services to customers with in minimum cost price. Today, there are more chances for coordinating activities across a supply-chain even in such hard operations as oil and gas, because of improvement in information systems and communication technologies. The main problem facing the oil and gas industry is not the availability of oil and gas resources, but putting these reserves into production and delivering the final products to customers at the lowest price as possible.

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The information revolution is sweeping through our economy. No company can escape its effects. Dramatic reductions in the cost of obtaining, processing, and transmitting information are changing the way we do business. “To get ahead in today’s business world, a company must utilize the right resources. One of the most effective, of course, is information technology (IT), which has become an essential tool for businesses across many industries” (2013).

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Economic Environment On a national level, the unemployment rate has stayed steady at 4.1 percent (Ferreira, 2018). In 2015, the spending in the United States logistics and transportation industry totaled $1.48 trillion, making up 8 percent of gross domestic product for the year. Trucking alone moved more than 10.4 billion tons of freight and brought in $676.2 billion in 2016 (Logistics & Transportation Industry, 2018).

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As a team, we all agreed that the Moreno Valley World Logistics Center has a lot of good things to it. The Center is a business specifically made to assist the needs of worldwide companies. This project will have the first half completed in 2022 and the rest completed in 2030. The Logistics center will bring great things to our city such as expansion, revenue , and more jobs for people. All very good things for a city with size and statistics like ours.

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Q. 2. Recent development in Technology has enabled huge global organizations to avail information easily in their premises for smooth functioning of various departments within an organization. Much of a company's success comes down to its Supply Chain Management and logistics. The development of Information Systems in SCM helps in cost reductions, customer satisfaction and productivity.

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Use of IT in logistics field will enhance the business operation and make sure there is proper management and employee are satisfied with the current business operation. An employee of the organization plays a key role in efficient operation of the company. With the help of IT feedback can be taken from the customer and analysis of proper feedback helps for improving the customer service. Feedback from customers can be online survey, comments on various activities of the organization and can be taken through social media. This all activities can be done using information

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Thematic Analysis 1- Significance of the Research Study ERP plays a major role in Vendor Managed Inventory. A vendor managed inventory is a process where the manufacturer generates order for the manufacturer based on the demand created by the distributor using ERP. During this process the manufacturer follows mutually agreed objectives between the manufacturer and distributor for filling rates and transaction costs. In this regard, some ordering model in Vendor Managed Inventory for the retail industry will be discussed, and its effect on supply chain collaboration mechanism is reviewed, and finally the process cost reduction as a supplier, will be discussed as operational model and rate of this quantities improvement is measured.

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152 Conclusions The world has become smaller due to globalization in many respects. But the transportation of goods across locations depends on the actual distance between two locations. The risk associated with the logistics has been increasing due to the increase of distances during transportation. Various kinds of risks can exist during transportation like perish ability risk, damage risk etc.

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In this concrete jungle, a process which satisfying customers’ demands are of critical importance to any parties has been a growing recognition. These processes are the means whereby products are developed manufactured and delivered to customers and through which the continuing service needs of the customers are met. The logistics concept is the thread that connects these crucial processes and provides the basis for the design of systems that will cost effectively deliver value to customers. Thus logistics management is essentially an integrative process that seeks to optimize the flow of materials and supplies through the organization and its operations to the customer. It is a planning process and an information based activity.

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Noof International Trade Logistic International trade logistic is broadly defined as ' the management process of planning, implementing, and controlling the physical and information flows concerned with materials and final goods from the point of origin to the point of usage.' International logistics involves the management of these resources in a company's supply chain across at least one international border' (study.com ). In this essay we will focus on some international trade logistics. The first logistics is the warehouses, qualified in storing export and import resources.

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Causes According to Amin & Noor (2013), the E-consumers generally refer to the purchaser of goods and services over electronic systems such as Internet and other computer networks. This new group of consumers is increasing in number over the years as on-line shopping become a trend and manifestation of modern life style. Based from the Paynter & Lim (2001), E-commerce would provide consumers with benefits such as interactive communications, fast delivery, and more customization that would only be available for consumers through online shopping. Product information in the Internet is more compact and it ranges from various sites.

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