Logistics and Supply Chain Management: Trade and Strategy Analysis

This assignment delves into the realm of logistics and supply chain management, offering a comprehensive analysis of international trade dynamics and strategic considerations. The student explores key aspects such as the use of technology to address trade imbalances, and strategies for enhancing exports and imports. The assignment also examines the student's preferences for trading partners, focusing on high-quality goods. It further explores the global strategic theory, its advantages, and current supply chain management trends including digitization, AI, and collaboration. The role of infrastructure in trade, the analysis of market entry modes for companies like Coca-Cola, and the impact of mergers and acquisitions are also discussed. The assignment highlights the significance of technology innovations, the role of modern CEOs, and jobs not replaceable by machines. The student also provides a list of talents and skills that cannot be replaced by machines. The assignment concludes with a list of relevant references.

Running head: LOGISTICS 1
Logistics and supply chain management
Student Name
Institution Affiliation

LOGISTICS 2
Q. 1.
I can advise U.S.A and China to use modern technology for them to correct the balance of trade.
The U.S.A government should boost their exports by improving cooperation among economic
actors that is cooperation among the government, exporters and the business actors. The Chinese
government should expand its imports by keeping the cash flowing for payment of the goods to
be imported to avoid the late payment of the goods.
Q. 2.
As I would prefer to China and U.S.A in a trade to maintain my competitors. This is because
these two regions are well known for goods of high quality and quantity. I target many countries
to avoid competitors from other areas.
Q. 3.
The global strategic theory is one among many international theories. It focuses on efforts of
gaining a competitive advantage over other global industry firms. The global strategic theory
focuses on two different multinational companies and seeks to alleviate any rivalry existing
between the two. This theory has many advantages to the current market as it provides ways to
encounter global marketing challenges.
Q. 4.
The treads for supply chain management include supply chain digitization, artificial intelligence,
stronger collaboration in supply chain process, more focus on supply chain resiliency and risk
management, wearable devices and circular supply chain. These treads focus on reducing
operating expenses while increasing efficiency.

LOGISTICS 3
Q. 5.
U.S.A is a financial and trade leader as it has well-equipped infrastructure. The transportation of
goods in the region is easy and faster as compared to another region. Also, the good equipment's
in the region leads to the production of high quality and quantity goods making the trade
favorable.
Q. 6.
As a director of Coca-Cola Company, I have discovered the following modes of entry into
international markets. They include internet, licensing, joint ventures and strategic alliances. I
prefer internet as I can advertise the products of the company through social media easily thus
yielding high profits.
Q. 7.
The mergers and acquisitions are where the ownership of the companies is combined and start
working together. An example is when the coca cola company stars operating together with
Turkey Company hence forming one company.
Q. 8.
The main problem in global trade is a financial problem. This reduces the cash flow in the banks
hence leading to no or little money to be borrowed from the banks. This may lead to collapsing
of the company due to lack of financials required.
Q. 9.

LOGISTICS 4
The main significant of technology innovations is it's easy and faster to use. The use of
technology leads to the production of high quality and quantity goods at a more rapid rate. Also,
the use of technology reduces high costs which may be occurred when the job gets done
manually.
Q. 10
An example of modern CEO is Julian Von Blucher. She has played a great development in the
country. She makes very important decisions; she promotes teamwork through social and
technological changes among many others.
Q. 11.
There are some jobs which machines cannot replace. They include professional sports, dentists,
healthcare and medicine, education, quality assurance and politics and law, legal assistance, taxi
driver, cashier, loan officer and fast food cook.
Q. 12.
There are some talents and skills that cannot be replaced by machines. They include evaluation
of culture, reward of employees, creative arts, and professional sports. Creativity and innovation
help come up with new machines that increase productivity for international companies.

LOGISTICS 5
References
Viner, J. (2016). Studies in the theory of international trade. Rutledge.
Chen, A., Dong, L., Liu, W., Li, X., Sao, T., & Zhang, J. (2015). Study on the mechanism of
improving creative thinking capability based on Euthenics. Procardia Computer
Science, 55, 119-125.
Neary, J. P. (2016). International trade in general oligopolistic equilibrium. Review of
International Economics, 24(4), 669-698.
Rose, A. K., & Van Wincoop, E. (2001). National money as a barrier to international trade: The
real case for currency union. American Economic Review, 91(2), 386-390.
Mowery, D. C., Nelson, R. R., Sampat, B. N., & Ziedonis, A. A. (2015). Ivory tower and
industrial innovation: University-industry technology transfer before and after the Bayh-
Dole Act. Stanford University Press.
Bergek, A., Hekkert, M., Jacobsson, S., Markard, J., Sandén, B., & Truffer, B. (2015).
Technological innovation systems in contexts: Conceptualizing contextual structures and
interaction dynamics. Environmental Innovation and Societal Transitions, 16, 51-64.