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Global Logistics Management

   

Added on  2022-11-28

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Global logistics
management
[Type text]
M i c r o s o f t
Global Logistics Management_1

LOGISTICS 1
Executive summary
Global logistics management refers to managing the operations of business via supply chain
across the globe, starting from the place where they are produced to the end until they reach
the ultimate consumer.
Third party logistics (3PL) service provider are specialised in handling the supply chain
operations of the companies. Basically they handle the outsourced logistics of different
companies through supply chain management.
In this report, the evaluation of third party logistics is been described along with its role and
challenges also some relevant examples are used to evaluate the significance of the third
party logistics. This helps to understand the management of global logistics and how
switching to third party logistics can actually help to focus on the core areas of the business.
Global Logistics Management_2

LOGISTICS 2
Contents
Introduction............................................................................................................... 3
Third party logistics..................................................................................................... 4
Supply chain management concepts.................................................................................4
Core logistics services offered by the third party logistics......................................................5
Distribution services................................................................................................. 5
Transportation services.............................................................................................. 5
Shipment services.............................................................................................. 5
Financial services..................................................................................................... 5
Supply chain goals of B2B buyers..........................................................................6
Effective collaboration.............................................................................................. 6
Better quality.......................................................................................................... 6
Financial success..................................................................................................... 6
Stabilization........................................................................................................... 6
The rationale to outsource to third party logistics provider.....................................................7
Focus on the key areas of the business...........................................................................7
Reduction in the liabilities.......................................................................................... 7
Large scale of economies........................................................................................... 7
Strengthen the customer satisfaction.............................................................................. 7
The capabilities and role of third party logistics providers in the supply chain management.............8
Use of information technology for the transaction purpose..................................................8
Use of logistics in the e-business..................................................................................8
Significant contribution to relationship between consumer and the manufacturer.......................8
Challenges in B2B outsourcing relationships...................................................................9
Communication hindrance.......................................................................................... 9
Obsolete technology................................................................................................. 9
Monitoring issues..................................................................................................... 9
Relevant industry example............................................................................................. 9
DHL Supply chain................................................................................................... 9
C.H. Robinson...................................................................................................... 10
Conclusion.............................................................................................................. 11
Global Logistics Management_3

LOGISTICS 3
Introduction
Global logistics basically refers to the management of the goods via a supply chain from the
place where they are produced to the place of the final consumption of the goods, and
covering the process around the world. An ideal logistic system focuses on creating various
utilities for the business and the ultimate target is to fulfil the needs of the customers and their
satisfaction while maximising the profits of the company (Ron Basu, 2016). The
management of supply chain activities in such a way that maximizes the customer
satisfaction along with the company’s profit. The process of supply chain management
(SCM) activities includes product development, production, sourcing, and logistics.
The satisfaction of the customer is the primary concern for any firm while increasing its
profits. Usually firms cannot manage to focus on all its operations due to which the
productivity of the firm is hampered possessing a threat for the organisation. The efficient
management of supply chain activities like sourcing of the goods, handling the work in
progress, storage facilities , distribution channel, and transportation of the goods. The supply
chain concept was introduced by the companies in order to reduce their costs and to stay
competitive in the business scenario (Christopher, 2016).
Global Logistics Management_4

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