Abstract The research of port logistics supply chain has become a key point in the research of port logistics quandary.Because of increasingly fierce market competition and mutable business environment, the port logistics supply chain often face the dubious risk , and the diversity of market demand determines the port logistics supply chain must have highly flexible, the construction of flexible […]
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Logistics Companies and Selecting a good Logistic service provider
Abstract Procurement and logistics include market research, necessary planning, procurement decisions, logistics service provider evaluation, and order control. The main thing in advanced logistics is distribution logistics planning, which includes on-time delivery of products to the end user. Choosing a good logistics service provider is important for any company, whether it is involved in inbound logistics, outbound logistics, […]
Sourcing and Procurement Decisions and Third Party Supply Chain Management Service Providers
Abstract: Supplier Scoring is used to rate Supplier performance. Impact on Supply Chain surplus and the total cost is the basis of comparison between suppliers. If the sourcing process is effective it improves profits for the firm and the total supply chain in various ways. A firm may like to keep a supply chain function in the house if outsourcing […]
Water mode of transportation in a supply chain management perspective
Abstract Due to complexity in global supply chains and networks, managing liner services has become a quite complex endeavor. A few liner services are able to fully integrate the trade routes, such as Maersk Lines and MSC. Maersk Lines has services in the Far East, Europe and North America and some hubs notably Algeciras, Salalah and Tanjung Pelapas. MSC has […]
Sourcing Decisions and Third Party Supply Chain Management Service Providers
Abstract Supplier Scoring is used to rate Supplier performance.Impact on Supply Chain surplus and total cost is the basis of comparison between suppliers.If sourcing process is effective it improves profits for the firm and total supply chain in various ways. A firm may like to keep a supply chain function in the house if outsourcing increases the third party power significantly. Firms often like to keep the supply chain function in the house, if there is a chance to leakage of intellectual property or other sensitive information, especially when the third party also serves the competitors also.Since late 1990s the trend of outsourcing a greater range of supply chain function has been growing.With more globalization of business customers are looking for players, who can manage virtually all aspects of their Supply Chain, which is being called 4PL.A 4PL is an integrator ,who assembles the supply chain resources, capability and technical areas of its own and other organization to design, build and run comprehensive supply chain solutions. Keywords:Sourcing Decisions and Third Party Supply Chain Management Introduction Sourcing is the whole set of business processes, which is necessary to buy goods and services required by the Supply Chain. Most important decision for a supply chain function is whether it is feasible to outsource or perform the function in- house. When […]
A discussion about the Value Chain (VC) concept and Business strategy
Abstract A firm value chain is a representation of various processes involved in producing goods and services starting with raw materials and ending with delivery of the finished goods to the customer.Value chain begins with new product development, which creates new product or service.The functioning of the value chain is supported by the human resources, accounting and Information technology.The value […]