Take a look at Lockheed Martin transportation structure and answer the following question:
Which type of transportation is most important in Lockheed Martin firm's supply chain? Could Lockheed Martin use a different mix of transportation modes to improve its efficiency?
Lockheed Martin manages a global supply chain business among other operations; however, even companies that are in the supply chain business need good supply chains. The modes of transportation used by Lockheed Martin can be found on their website, by entering various shipment origination and shipment destination locations.
Lockheed Martin employs the transportation services of the following companies:
- Averitt Express
- Burlington AirExpress (BAX) Global
- Ceva Logistics
- Circle International (Eagle)
- Delta Logistics
- DHL Global
- FedEx Express
- FedEx Ground/RPS
- Pilot Air
- Roadway Express
- Target Logistic Services
- Team Air
- UPS Supply Chain Solutions
- US Postal Service
Lockheed Martin's global supply chain has 29,000 suppliers. Two-thirds of Lockheed Martin's costs are related to its supply chain.
Sophisticated equipment like those in the Joint Strike Fighter program require a large range of raw resources, many of which are limited in supply. There is a high demand for materials such as aluminum and titanium; ...
Lockheed Martin's transportation modes are discussed.
Lockhead Martin Transportation Modes
Please address Lockheed Martin organization's product distribution strategy, to include:
•Ownership and management of the modes (the organization, common carriers, contract carriers etc.)
•The rationale behind the use of those modes
•The strengths and weaknesses of those modes
•Future developments, such as anticipated technological advances and resource availability, that may affect the choice of transportation modes