Logistic StratergyLogistic StratergyThere are many shifts and changes that occur in an organizations logistics, all of which have a direct or indirect impact on the supply chains logistic operations.
The supply chain is a network of organizations that are involved, through upstream and downstream linkages, in different processes and activities that produce value in the form of products and services in the hands of the ultimate consumer. (Christopher 1998). With the logistical activities defined as, the process of strategically managing the procurement, movement and storage of materials, parts and finished inventory (and related information flows) through the organization and its marketing channels in such a way that current and future profitability are maximised through the cost effectiveness of orders. (Christopher 1998).
The supply chain basically has three main parts, supply, manufacturing, and distribution, and the chain regularly starts with the suppliers of suppliers and ends with the customers of your customers. (www.centipedia.com).
Strategy can be defined as the direction and scope of an organization over the long term, which achieves advantages in a changing environment through its configuration of resources with the aim of fulfilling the stakeholders expectations. (Johnson 2005).
The development and ongoing use of a formal logistic strategy is to guide logistic operations through times of change and will identify potential strengths and weakness within the supply chain logistic operation. The creation of a logistic strategy can be achieved from a solid understanding of basic logistics, current and emerging technologies and initiatives, industry forces and the logistic operations current and future aims. The understanding of the future aims of the organization is essential. All the component areas of the supply chain operation should be analysed to gain any advantages and maintain the effectiveness of the strategy. The component areas of a complete logistic strategy should include:
A list of operational and financial strengths in a logistic strategy, especially in the case of infrastructure, finance, telecommunications, retail and other relevant areas.
In order to understand in detail the components of the logistic strategy, including all the associated capabilities and functions, the need to evaluate logistic operations can be considered as the most important factor. The key elements of a fully operational logistic strategy were assessed following the implementation of the system in the context of all factors such as the supply chain operations, technological developments, strategic plans and policy decisions of all the participating suppliers and international organisations, supply chain requirements and operational requirements, the information on the supply chain operations of the selected suppliers, regulatory requirements and the impact of financial conditions on the supplier system and the use of information, technologies, software and infrastructure. In this area, the list described in subsection (1) of this part can be applied directly to the overall logistics plan to determine the most current, available and needed components for operational, supply chain and financial security.
An overview of the characteristics of a good logistic strategy can be carried out through an analysis of all relevant factors, whether historical, historical, current, emerging or other. The best approach to understanding these aspects is to look at the overall logistics planning process in detail in an evaluation of each of the components.
In many sectors, a good logistic strategy is an indicator of future security of the economy. This is achieved following the design and formulation of infrastructure, which in turn affects the ability to operate efficiently in different situations, to access financial information, security, public sector or private sector resources, to provide services in the event that the operations process falls short. The system should be implemented in the relevant sectors and the management should be aware of specific factors that influence its implementation. The analysis of this type is also crucial for planning management and should be carried out through the management of information regarding security, the use of cyber weapons to protect data and the prevention of cyber warfare. This is done by developing operational plans that include:
Basic information provided by the supplier at points where the supplier intends to carry out the security planning has to be provided in more detail and to a complete extent. This is achieved through:
Each of the available components and functions should be reviewed by the relevant technical and organisational body. Although there are few effective ways of conducting the logistic planning, the technical bodies should be used to make strategic recommendations in the implementation of the management of information, technology and infrastructure. The operational plan for each of the relevant components must be designed so that its complete inclusion and completeness is ensured in the logistic planning system.
This includes the following:
If applicable, the security aspects of all the logistics planning systems must be examined to ensure that the system’s operational elements and functions are carried out properly
A list of operational and financial strengths in a logistic strategy, especially in the case of infrastructure, finance, telecommunications, retail and other relevant areas.
In order to understand in detail the components of the logistic strategy, including all the associated capabilities and functions, the need to evaluate logistic operations can be considered as the most important factor. The key elements of a fully operational logistic strategy were assessed following the implementation of the system in the context of all factors such as the supply chain operations, technological developments, strategic plans and policy decisions of all the participating suppliers and international organisations, supply chain requirements and operational requirements, the information on the supply chain operations of the selected suppliers, regulatory requirements and the impact of financial conditions on the supplier system and the use of information, technologies, software and infrastructure. In this area, the list described in subsection (1) of this part can be applied directly to the overall logistics plan to determine the most current, available and needed components for operational, supply chain and financial security.
An overview of the characteristics of a good logistic strategy can be carried out through an analysis of all relevant factors, whether historical, historical, current, emerging or other. The best approach to understanding these aspects is to look at the overall logistics planning process in detail in an evaluation of each of the components.
In many sectors, a good logistic strategy is an indicator of future security of the economy. This is achieved following the design and formulation of infrastructure, which in turn affects the ability to operate efficiently in different situations, to access financial information, security, public sector or private sector resources, to provide services in the event that the operations process falls short. The system should be implemented in the relevant sectors and the management should be aware of specific factors that influence its implementation. The analysis of this type is also crucial for planning management and should be carried out through the management of information regarding security, the use of cyber weapons to protect data and the prevention of cyber warfare. This is done by developing operational plans that include:
Basic information provided by the supplier at points where the supplier intends to carry out the security planning has to be provided in more detail and to a complete extent. This is achieved through:
Each of the available components and functions should be reviewed by the relevant technical and organisational body. Although there are few effective ways of conducting the logistic planning, the technical bodies should be used to make strategic recommendations in the implementation of the management of information, technology and infrastructure. The operational plan for each of the relevant components must be designed so that its complete inclusion and completeness is ensured in the logistic planning system.
This includes the following:
If applicable, the security aspects of all the logistics planning systems must be examined to ensure that the system’s operational elements and functions are carried out properly
TransportationOutsourcingLogistic SystemsCompetitorsHuman ResourcesNetwork DesignSupply ChainInformationOption AnalysisStrategy ReviewCommunicationsThe effectiveness of a logistic strategy will be experienced throughout the organization, and within every component of the supply chain. The strategy should be able to respond to changes quickly and effectively. A weak production strategy can bring production to a standstill, if the production capability is not great enough to meet peak demand periods and inventory assets are not adequately provisioned, the demand will not be satisfied. A competent distribution strategy, for storage and throughput ensures delivery of the right product at the right time. Transportation strategies, connects all the components of the supply chain and ensures on time delivery which affects the performance of the components within the supply chain. The logistic strategy should be constantly reviewed, as changes from external and internal pressures can change quickly. Global economics and competitors cause external pressures that can challenge strategies. From price fluctuations to raw material availability, the strategy must be flexible to be able to react to the changes. Also, internal policies can be disruptive. Moves into new markets to create opportunities will need proper planning and be incorporated into the strategy. Without proper planning, the opportunity to enter new markets could become a liability, and undermine the original strategy.
To assist in determining an organizations strategy, a management analysis tool often used is the PEST and SWOT analysis. PEST is an acronym for Political, Economic, Social and Technological, whilst SWOT is an acronym for Strengths, Weakness, Opportunities and Threats.
The PEST analysis helps identify the businesss