Comprehensive Report on Logistic and Global Supply Chain Management

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This report provides a comprehensive analysis of logistic and global supply chain management. It begins with an introduction to the core concepts, emphasizing the importance of both logistic activities (inbound) and supply chain activities (manufacturing, suppliers, vendors, retailers). The report then delves into inventory management, strategic planning, and the role of ERP systems. It explores supply chain management in a globalized world, highlighting the need for integrated processes and effective communication. Sustainable practices in supply chain management are examined, focusing on resource efficiency and internal control systems. Furthermore, the report assesses the impact of information technology, particularly ERP, on supply chain efficiency and cost reduction. The discussion concludes with an open-ended analysis of key strategic planning aspects, such as coordination and nexus between logistic and supply chain activities, essential for business success. The report concludes by emphasizing the importance of effective value chain activities for productivity at both domestic and international levels.
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RUNNING HEAD: logistic and Global supply chain management 1
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Title- logistic and supply chain management
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Table of Contents
Introduction......................................................................................................................................3
Logistic and supply chain management (Inventory management and supply chain management..4
Supply chain management in globalized world...............................................................................5
Sustainable practice in supply chain management..........................................................................5
Impact of information technology on supply chain management...................................................5
Open ended discussion....................................................................................................................6
Conclusion.......................................................................................................................................7
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Logistic and Global supply chain management 3
Introduction
In this report, study has been conducted on the logistic and supply chain management of
organization. These both part are the key pillar for the business success of organization. It is
evaluated that logistic activities focus on inbound activities or business functioning which are
under the boundaries of organizations. Supply chain activities are related to manufacture,
supplier and vendors and retailers of company. In the starting of this report, logistic and supply
chain management in context with the effective business functioning has been described. After
that, inventory management and logistic strategic planning has been described. Afterward,
sustainable business practice of supply chain management has been taken into consideration. In
the end of this report, impact information system and use of cyber computing system of
enterprises resources planning has been taken into consideration (Waters and Rinsler, 2014).
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Logistic and Global supply chain management 4
Logistic and supply chain management (Inventory management and supply chain
management
It is considered that logistic activities of organization is related to inbound activities or
business functioning which are under the boundaries of organizations. Supply chain activities are
related to manufacture, supplier and vendors and retailers of company who are indulged in value
chain activities of organization. It is evaluated that if company finds that there is scarcity of
suppliers in market then it should offer tenders in the market and list of best suppliers who
provide raw material at less cost should be selected. However, company could put terms and
conditions related to payment of carriage inward and outward in are logistic and supply chain
activities. With the help of enterprises resources planning, company could determine the
minimum level of stocks and economic orders quantity. In addition to this, adoption of cyber
computing system and enterprises resources planning in the logistic and supply chain
management will increase the effectiveness and coordination in all the activities (Islam, et al.
2013).
Inventory management and strategic planning
Inventory management of organization is related to management and supervises the flow
of goods and services from the manufacture to warehouse and then to retails department.
However, company could use enterprises resources planning to determine the minimum level of
stocks and economic orders quantity. In addition to this, by using ERP cyber computing system,
company could establish automation in placing orders with vendors and suppliers when the
quantity of inventory reaches the minimum quantify in its warehouse. In addition to this, for the
better level of inventory management and increasing the effectiveness of organization, company
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needs to establish proper level of nexus and coordination in all of its inbound activities
(Subramanian and Gunasekaran, 2015).
Supply chain management in globalized world
Global supply chain management is directly linked to the rise of globalization. It is
considered that if a company is using parts and services from another factory oversea then has to
manage domestic and international business process effectively It has to consider all the
activities such as production, supply, warehouse, marketing, distribution activities and
transportation activities should be interlinked after evaluating domestic and international factors.
Company needs to establish integrated customized supply chain management in which use of
technologies, global cost factors and divisional factors of organization will be taken into
consideration. However, company has installed cyber computing system to establish proper flow
of information between employees to employee, employees to top management and employees
to vendors. The globalized supply chain management of organization needs to establish proper
communication channel for all the divisions on international level for import and export in all the
production, supply, warehouse, marketing, international supply and transportation activities
(Mangan and Lalwani, 2016).
Sustainable practice in supply chain management
Sustainable practice of supply chain management focuses on implementing business
activities to reduce the complexity of business and efficient use of resources in determined
approach. It is evaluated that company could use proper intergraded supply chain management
functioning to increase the overall productivity and effectiveness of business by reducing the
associated wastage of natural resources in determined approach. Supply chain management of
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Logistic and Global supply chain management 6
company should be undergone through internal control system and proper value chain activities
in easy and determined approach (Taticchi, et al. 2015).
Impact of information technology on supply chain management
Company needs to install proper level of cyber computing enterprises resources planning
for effectively management of supply chain activities. It is observed that if company could use
proper level of upgraded technologies in its supply chain management then it will increase the
overall effectiveness of production, supply, warehouse, marketing, distribution activities and
transportation activities and reduce the byproducts of organization. In addition to this, the main
impact of information technologies would be related to reduce the time and cost involved in
supply chain management (Stadtler, 2015).
Open ended discussion
Logistic and supply chain management activities of organizations are the key pillar for
the business success. Logistic activities focuses on implementing proper level of inbound
activities, whereas, supply chain activities of company is related to production, supply,
warehouse, marketing, distribution and transportation activities. It is evaluated that if company
wants to achieve its goals and objective in effective manner then it needs to establish proper level
of nexus between logistic and supply chain activities. However, internal control system and
proper level of coordination between logistic and supply chain activities is the key strategic
planning which could be implemented by organization to increase the productivity and
sustainability of business functioning on global level (Fernie and Sparks, 2014).
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Logistic and Global supply chain management 7
Conclusion
Value chain activities of organization are accompanied by logistic and supply chain
activities. It is evaluated that productivity of organization on domestic and international level
depends upon the effective value chain activities and implemented business functioning. The
main point in global business activities is related to management of logistic activities and supply
chain and their effectiveness and productivity based on proper level of coordination and nexus
between all the value chain activities.
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References
Fernie, J. and Sparks, L., 2014. Logistics and retail management: emerging issues and new
challenges in the retail supply chain. Kogan page publishers.
Heckmann, I., Comes, T. and Nickel, S., 2015. A critical review on supply chain risk–Definition,
measure and modeling. Omega, 52, pp.119-132.
Islam, D.M.Z., Meier, J.F., Aditjandra, P.T., Zunder, T.H. and Pace, G., 2013. Logistics and
supply chain management. Research in Transportation Economics, 41(1), pp.3-16.
Mangan, J. and Lalwani, C., 2016. Global logistics and supply chain management. John Wiley &
Sons.
Stadtler, H., 2015. Supply chain management: An overview. In Supply chain management and
advanced planning (pp. 3-28). Springer Berlin Heidelberg.
Subramanian, N. and Gunasekaran, A., 2015. Cleaner supply-chain management practices for
twenty-first-century organizational competitiveness: Practice-performance framework and
research propositions. International Journal of Production Economics, 164, pp.216-233.
Taticchi, P., Garengo, P., Nudurupati, S.S., Tonelli, F. and Pasqualino, R., 2015. A review of
decision-support tools and performance measurement and sustainable supply chain
management. International Journal of Production Research, 53(21), pp.6473-6494.
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Waters, D. and Rinsler, S., 2014. Global logistics: New directions in supply chain management.
Kogan Page Publishers.
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