Essay
Global business revolution not only provides more opportunities for companies, but also brings increasing challenges and risks in their operations as the global competition is becoming much fiercer. This kind of competitive environment has shaped the new relationship between the strategy and logistics. Therefore, in this essay, though analyzing the origin of the strategy and logistics, the outcomes of today’s ‘global business revolution’, we will find out the changes on the relation between strategy and logistics and the risks aroused from this transformation.
The history of strategy could be traced back to ancient China. At that time, strategy was applied to the battle field, helping the generals analyze the situation, set the operational plans and win military victories. Chinese famous strategist Sun Tzu even wrote a book called ‘The Art of the War’ to clarify different kinds of military tactics. Logistics, which came after the strategy, dated back to the cold weapon area in Greece in Rome. Donald Engels (1980) said that ‘Supply was the basis for Alexander’s strategy.’ This is the primitive relationship of strategy and logistics in the battleground. Logistics served the tactics, providing the sufficient army provisions for the front and solving internal frictions. As time passed, the exploitation of petrol, oil and lubricants (POL) changed the role of logistics to the strategy which consequently fueled the war. World War II (WWII) saw the rise of the logistics, from
Ever since the election season of 1972, presidential primaries have become “the dominant means of selecting the two major party candidates.”i[i] The primary system is one in which the eligible voters of each state do one of the following: 1) Vote for a presidential candidate to run for their party in the general election. 2) Vote for a delegate pledged to vote for a certain candidate at the party’s national convention. As intended, this process would bring the candidate selection processes out into the open and “let the people vote for the candidate of their choice.”ii[ii] On the surface, this may look very democratic (and admittedly, in some instances it was/is), but upon closer
Subject Area This thesis proposal falls under the umbrella of theological ethics. Specifically, the role of ecclesiology as a critical component of theological ethics. Thesis Statement
Rousseau (2011) defines strategy as a link connecting military power and political purpose. He emphasizes that strategy entails the use of threat and force to achieve policy objectives. Given the unfortunate centrality of war to world events, strategy becomes a significant aspect in providing a theory of success. The perennial popularity of books on military and application of works of wisdom in the use of force today is unequivocal. Particularly, books that generally focus of the theory of strategy, studies with varied meanings for all purposes, technologies, places, and times are increasingly rare. In the past 2,400 years, only 3 classic works are significant on this subject and no more than five have an enduring value (Rousseau, 2011). Sun-Tzu’s classic work on The Art of War is one such classic works basing on strategic theory that has implications for all purposes, places, times, and technologies. Sun-Tzu wrote his book in China in ca. 400 BC during the era of “Warring States, 403-221 BC” (Rousseau, 2011, p. 79). Henri de Jomini’s The Art of War that he wrote in 1838 also deserves an honorable mention.
Sonic Healthcare has great responsibilities to its stakeholders, with its intentions to meet and exceed their expectations. As Sonic Healthcare is now global it’s vital that when making decisions they take into consideration their stakeholders concerns. An example is their employees. In early 2000, Sonic Healthcare
In order to deal with the ever growing changes in competition in the market, the company must take into consideration the speed, efficiency, and other conditions in the operation of strategies, and in crossing these socio economic barriers management plays a really important role, in the deployment of strategic plan s and objectives to deal with each issue that rises from every and each one of these barriers, therefore the industry needs to pay attention to the vertical integrative relationship among upstream suppliers, midstream retailers, as well as downstream retail customers, the transformational process of the global industry, and the need of the logistics management system is gradually
A value chain is a chain of activities that a firm operating in a specific industry performs in order to deliver a valuable product or service for the market. The concept comes from business management and was first described and popularized by Michael Porter (Porter, 2013)
The concept of logistics has evolved over time in response to factors such as changes in the business environment. Grunnet (1996, p.32) notes that the focus was inventories in the 1950s, distribution in the 1960s, production in the 1970s, purchasing/production/sales in the 1980s, and business process in the 1990s. Logistics can be defined as that part of the supply chain process that plans, implements, and controls the efficient, effective flow and storage of goods, services, and related information from the point of origin to the point of consumption in order to meet customer’s requirements.
The advancement of technology is changing the way businesses execute their logistics strategy. Businesses are now forced to leave their traditional way of doing business and adopting new methods and processes as a result of the Information Technology Era. Information technology has made the competition fiercer than ever before the internet is opening up the door for more markets to take advantage of the benefits that IT has to offer which leads to the markets competing to lower their prices in order to steal market share (Impact of eCommerce in Today’s Business World, 2015). Just because a company is successful and one of the leading businesses in
Logistics is one of the most important functions in business today. No marketing, manufacturing and project execution can succeed without prope
In this strategic management assignment, we will see how organization achieve and sustain competitive advantage. As the global leader of the international express and logistics industry, we will study how DHL has gained and achieved in sustaining its position in the logistics sector. To do so, the report will be cut in two parts. Firstly, an introduction will present, explain the subject and then expose
This lecture outline follows the Power Point Presentation (PPT) provided along with this instructor’s manual. The PPT slides include additional notes that can be viewed by clicking on “view”, then on “notes”. The following provides a brief overview of each Power Point slide along with teaching tips, and additional perspectives.
Logistics is the organization of the flood of things between the reason for starting and the motivation behind use with a particular finished objective to meet necessities of customers or associations. The advantages administered in logistics can fuse physical things, for instance, sustenance, materials, animals, equipment and liquids, and moreover extraordinary things, for instance, manage time, information, transport unit Pricing and Quantity , particles, and essentialness. The logistics of physical things generally incorporates the joining of information stream, which ismaterial dealing with, creation, packaging, stock, transportation, warehousing, and every now and again security. The versatile nature of logistics can be illustrated, bankrupt down, envisioned, and redesigned by dedicated diversion programming. The minimization of the usage of benefits is a commonplace motivation in logistics for import and passage.
There are many benefits of understanding the international context of business trade and logistics. To achieve competitive advantage, even within small firms, it is necessary to gain expertise in the international logistics activities which are much more complex than what domestic trade involves. The world’s economy is increasingly global, and the logistics sector designates a significant fraction of that economic activity, the estimated total stands at $7. 4 trillion dollars (David, 2013, p. 53). Technology and electronic communication have facilitated customer demand fulfillment and the movement of products. For someone in business it is critical to understand the continued growth in international trade, drivers of international trade, and the possible barriers in the international infrastructure.
1. Logistics strategies should be aligned with operation strategies and integrated into the organisation overall strategies (Christopher, 2004, p.11-12)
Standing on the 55th floor of a high-rise building in midtown Manhattan, the entire public relations firm was looking downtown towards the World Trade Center. Smoke was quickly emanating out of the north tower, creating an expanding ominous cloud. The group could not see the actual flames incinerating the building, but it was clear to everyone that something significant had the be going on. That morning could not have been any more beautiful, the air was warm and the sky a brilliant blue. However the beauty of the day was quickly overshadowed by the grey smog noticeably taking over the downtown air. The whole city had their theories about what was happening-some thought it might have been a private plane flying off course, others thought