Challenge of logistics in Supply Chain Management
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Explore a challenge in the area of logistics. You have now gained an understanding of supply chains and issues that occur within a specific extended set of enterprises. These enterprises all depend on infrastructure within the US and its cities for logistics and logistical support. The number 4 challenge on a list of ten, as reported by DC Velocity (http://www.dcvelocity.com/), is "The nation's deteriorating infrastructure".
Lynch, Clifford. (2010). Top Ten Logistics Challenges for 2011 (and Beyond) . Retrieved from http://www.dcvelocity.com/articles/2010121310_logistics_challenges_in_2011/
Independently research this key logistics issue and report on it. Define the problem and its scope, and provide some possible solutions.
Use of references & Citations: at least five references; appropriate use of citations in the paper.
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Solution discusses the Challenge of logistics in Supply Chain Management: The nation's deteriorating infrastructure
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Supply Chain Management
Explore a challenge in the area of logistics. You have now gained an understanding of supply chains and issues that occur within a specific extended set of enterprises. These enterprises all depend on infrastructure within the US and its cities for logistics and logistical support. The number 4 challenge on a list of ten, as reported by DC Velocity (http://www.dcvelocity.com/), is "The nation's deteriorating infrastructure".
Lynch, Clifford. (2010). Top Ten Logistics Challenges for 2011 (and Beyond). Retrieved from http://www.dcvelocity.com/articles/2010121310_logistics_challenges_in_2011/
Independently research this key logistics issue and report on it. Define the problem and its scope, and provide some possible solutions.
As per worldscibooks.com, " Supply Chain Management is a set of synchronized decisions and activities utilized to efficiently integrate suppliers, manufacturers, warehouses, transporters, retailers, and customers so that the right product or service is distributed at the right quantities, to the right locations, and at the right time, in order to minimize system-wide costs while satisfying customer service level requirements. There are four stages in a supply chain: the supply network, the internal supply chain (which are manufacturing plants), distribution systems, and the end users. Moving up and down the stages are the four flows: material flow, service flow, information flow and funds flow. " 1
Hence issue of logistics challenges will happen at all the stages of the supply chain. These are discussed below. As per US Chamber of commerce, "Industry and household spending on transportation accounted for nearly 10% of U.S. gross domestic product in 2006, or about $1.3 trillion, much of it spent to purchase transportation servicesâ?"moving people and goods via trucks, railroads, public transportation, aviation, and ships and barges." 2
Productivity of Logistics management greatly depends on the capacity and performance of the nation's transportation infrastructure. : U.S. ...
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