A Review of Global Logistics Management
Mariam Peyton is a professional Financial Analyst. She holds a Masters degree in Economics. She specialises in financial analysis and forecasting. Her expertise includes studying the financial performance of companies, markets and entire industries looking for trends, insights and information that can help you glean rich insights for use in academic and market research.
Latest posts by Mariam Peyton (see all)
Logistics is the practical art of moving and supporting armies, which includes activities such as transport, supply, communication, medical aid, and so on. The word logistics comes from the French word logistique, which was derived from the title of the major general (or maréchal) des logis, who was responsible for arranging marches, camps, and quarters for troops. Logistics was first used as a military term in the 18th century, but it was defined more precisely by Antoine-Henri Jomini (1779–1869), a French military thinker and writer, in his Summary of the Art of War (1838). He considered logistics as an essential part of military science and strategy. Logistics is the process of planning, implementing, and controlling the flow and storage of goods, services, and information from the point of origin to the point of consumption. International logistics management is the application of logistics principles and practices in a global context, taking into account the differences and challenges of operating in different countries and regions.
Logistics management refers to the process of strategically managing the procurement, movement, and storage of materials. It is a component of supply chain management used to meet consumer demands via planning, control, and implementation of the effective movement and storage of goods and services from producer to consumer. It enables an organization to efficiently obtain, utilize, distribute, transform, store, and ensure the optimization of resources.
Global Logistics Management is the process of planning, implementing and controlling the efficient and effective flow of goods, services and information from the point of origin to the point of consumption. It involves the coordination and integration of various activities such as transportation, warehousing, inventory management, order fulfillment, customer service, procurement, sourcing and distribution. Global Logistics Management aims to optimize the performance of the supply chain as a whole, while meeting the needs and expectations of the customers in different markets and regions.
For a business to be considered to have organizational excellence, we have to first look at how the logistics are managed. Recently logistics management has been ignored and it only turned to in case a business is facing a huge turmoil. This essay will discuss the concept of logistics management in organizations. The essay answers questions such as what is global logistics management and what is the importance of global logistics management?
HARVARD
Citation Here
Citation Here
APA
Citation Here
MLA
Citation Here
CHICAGO
Citation Here
A Review of Global Logistics Management Case Study
Key Learning Outcomes
By the end of the case, students should be able to:
- Explain the concept and scope of global logistics management and its role in international trade and supply chain integration.
- Identify and analyze the key factors and challenges that affect the design and implementation of global logistics strategies and operations.
- Evaluate and apply various tools and techniques for planning, controlling, and improving the performance of global logistics activities and networks.
1.0 INTRODUCTION
Global logistics management is the process of planning, implementing and controlling the flow and storage of goods, services and information across international borders. It involves coordinating and integrating various activities such as transportation, warehousing, inventory, customs clearance, security and compliance. Global logistics management aims to optimize the efficiency, effectiveness and responsiveness of supply chains in a globalized market
This report will review some of the key challenges and opportunities of global logistics management, as well as some of the best practices and strategies to overcome them. I will also discuss some of the emerging trends and technologies that are transforming the field of global logistics management.
Challenges of Global Logistics Management
One of the main challenges of global logistics management is the complexity and diversity of the international business environment. Global logistics managers have to deal with various factors such as:
Different laws, regulations and standards in different countries and regions
Diverse cultures, languages and preferences of customers and suppliers
Varying modes of transportation and infrastructure availability
Different risks and uncertainties such as political instability, natural disasters, pandemics and cyber attacks
Different levels of competition and market dynamics
These factors create various challenges such as:
Compliance: Global logistics managers have to ensure that their operations comply with the relevant laws, regulations and standards in each country and region they operate in. This includes complying with trade agreements, tariffs, quotas, sanctions, export controls, import duties, taxes, environmental regulations, labor laws, human rights standards and ethical codes. Compliance can be costly and time-consuming, and non-compliance can result in fines, penalties, delays, reputational damage and legal actions.
Coordination: Global logistics managers have to coordinate and integrate multiple activities across different actors such as suppliers, customers, intermediaries, carriers, agents, regulators and authorities. This requires effective communication, collaboration and information sharing among all the parties involved. Coordination can be challenging due to different time zones, languages, cultures, expectations and interests.
Optimization: Global logistics managers have to optimize the performance of their supply chains in terms of cost, quality, speed, reliability and flexibility. This requires balancing trade-offs among various factors such as inventory levels, transportation modes, routing options, service levels, lead times and customer satisfaction. Optimization can be difficult due to the dynamic and uncertain nature of the global market.
Cancel anytime…right from your account dashboard
NOT YET READY TO SUBSCRIBE? Try our other options below
Get a personalized on-demand assignment fast **
Purchase This Assignment On Demand
100% original custom written assignment
Zero plagiarism (checked via Copyscape)
Harvard/APA/AMA referencing
2000 words-(8 pages)
Price: £ 81.00
Services We are Offering
We are more than a free study and revision tool.
We also provide
on demand research and custom writing services.
123 Writing is the #1 exam revision and assignment study platform in the UK.
Get unlimited access to answered student essays, assignments, past exam questions and sample coursework written by qualified academic writers & tutors.
Our Standard subscription typically retails for £299.88 a year.
Today, you can join at 80% discount.
Here’s a full breakdown of everything you get as a Standard or Premium subscriber...
» Get access to our database of more than 5,770 answered premium strategy case studies
Get unlimited access to a robust database of premium business strategy case studies including more than 5,770 fully answered sample strategy frameworks and tools such as pestle, value chain, value matrix, porters five forces, Ansoff’s matrix, etc., authoritatively written and tailored for student revision, assignment preparation and transformative business research. Our strategy case studies are especially suited for university students wishing to apply strategic frameworks to real-world situations, company cases or simulations. All our strategy case studies come with teaching notes and learning outcomes, making them effective as coursework revision, and essay study help tools.
» Free access to past exam & assignment answers
Revise and prepare for exams and coursework with our fully answered exam notes and sample assignment papers. Furthermore, get quick on-demand answers to past exam question and assignment questions from our writers. Exam answer notes come with personalized lesson plans, and detailed study notes complete with detailed explanations of each answer, for maximum exam revision and assignment preparation. This tool is perfect for readers struggling with exam preparation & assignment study.
» Get extra assignment related help from our writers & tutors
Achieve high grades with a little extra assignment related support. Get extra help with your essays, assignments and general coursework, from our knowledgeable writers and tutors who will provide extra assistance when required for all academic related tasks including proofreading, grammar editing & correction, citations, referencing, etc. at no extra cost for standard and premium subscribers. All our standard and premium subscribers receive free proofreading services, which will include a check for punctuation, grammar, sentence formation, typographical errors, formatting, errors and other consistency issues (broadly).
» Get free assignment & essay writing help worth up to 7K words
Commission an on-demand essay, or assignment title from our knowledgeable writers and tutors on any subject matter. Get up to 7,000* words in on-demand custom assignment help from our writers who can assist with difficult topic in classical business literature. (* 7,000 free word credit exclusive to premium members).
» Fast & speedy answers to on-demand case solutions & assignment questions
Make use of your available free word credit (up to *7,000words) to commission on-demand custom case solutions, case study assignments and receive fast & speedy personalised answers. Receive timely and fast plagiarism-free answers to assignment questions or case solutions in as little as 1-2 business working days. Topics include Strategic Management, Marketing, Business Management, Economics, Operations Management, Organization Studies, International Business & Management, Human Resource Management and more. (* Exclusive to premium members).
» Get exclusive Q&A sessions with our subject matter writers
Ask our qualified, vetted and knowledgeable writers up to *12 essay, assignment and coursework related questions annually and receive accurate, clear, and detailed answers including step-by-step explanations briefs that are easy to follow. (*Exclusive to premium members).
» Free access to test bank questions & answers, study notes and practice quizzes
Test your knowledge on any subject with our quick quizzes and test banks for maximum retention after revision and studying. Test Bank contains questions in a variety of formats including multiple choice, true/false, short answer, and essay questions.
» Free access to video tutorials & study packs
Get free access to exclusive video tutorials to common subject topics. Our subject matter video tutorials, study notes and study packs have been created to help students learn and understand basic course module materials, as well as prepare students for their coursework assignment questions, essays and exams. Our video tutorials, study notes and study packs can be organized by topic, textbook or Question &Answer.
» Access to textbook chapter reviews and answer solutions
Get access to chapter reviews of popular business books, broken down in easy-to-understand simple concepts with simplified English. If English is not your first language, this service will make revising for essay assignments and exams as easy as 123 (Exclusive to premium members).
