Fundamentals of Logistics and Supply Chain | Report

Fundamentals of logistics and supply chain
Student’s name
Institutional affiliation
Date
1 | P a g e

Executive summary
In the commercial fields, the aids to trade are very crucial since without them, no
business. The grants to trade serve a better role in business operations. They include transport
and communication. The significant part of it is the supply chain, which ensures the movement
of goods from the factories to the consumers, among other responsibilities. In this report, it is a
discussion of supply chain fundamentals and appropriate management. The analysis is based on
fast-moving goods and the strategic supply. The main aim of the report is to ensure an advanced
and more efficient supply chain with thirteen supplies reaching four hundred and forty. With
some speculations and challenges to solve as discussed.
2 | P a g e

Contents
Executive summary.........................................................................................................................2
Fundamentals of logistics and supply chain....................................................................................3
Supply chain fundamentals..............................................................................................................3
Fast goods supply key challenges....................................................................................................5
Addressing the current issues on the supply chain..........................................................................6
Recommendations on the future supply chain strategy...................................................................6
Strategy............................................................................................................................................7
Supply chain....................................................................................................................................8
The new supply chain structure.......................................................................................................9
New cost analysis............................................................................................................................9
Conclusion.....................................................................................................................................10
References......................................................................................................................................10
3 | P a g e

Fundamentals of logistics and supply chain
Supply chain and management requires the responsible person to be updated on the
market demand and all the supply chain fundamentals. The supply chain is a facilitator of the
movement of goods from the producer to the consumer. It, therefore, needs the managing
engineer to take into consideration the available resources and the possible challenges that may
arise as a result of the supply of goods to the consumer 1. A complete and reliable supply chain
must ensure products reach the customer's destination at the right time and in the proper
condition. A supply chain must first employ the following factors for success, and they are
considered as the fundamentals of supply chain 2.
Supply chain fundamentals
The first supply chain fundament is the supply chain strategy. For every supply chain to
meet or not meet a particular market? Demand, it must follow a
specific policy. The procedure of a supply chain entails the following steps. Strategically
removing or installing grocery supply chain links. Pioneering the use of vendor managed
inventory 3. Building strategic partnerships with vendors to drive down prices. Developing
excellent supply chain collaborations. Implantation of the cross-docking in its supply network to
enable inventory reductions. Establishing the strategic use of technology to gain supply chain
efficiencies.
Secondly, is the supply chain network design. According to the multinational Fast-
moving consumer goods, the FMCG company, alongside the strategy it uses to supply products
to the many consumers, there is a crucial seed in the supply chain itself or the supply chain
network design. The main challenges are arising from the supply chain network design, which
4 | P a g e