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Thursday, April 18, 2019

Logistics and Supply Chain Management Essay Example | Topics and Well Written Essays - 3000 words - 1

Logistics and deliver Chain Management - Essay Exampley method to achieve boffo results in military control performance, since it offers the basis for improving flexibility and maximizing the degree of firms responsiveness to external influences and changes in markets and demands. Finally, the issue of logistics in terms of functional and cross-functional organizational structure will be additionally discussed in order to reach conclusions upon the benefits attached to each case.The make upd competition along with the globalization effect vex undoubtedly set new grounds for conducting business. This situation actually urges corporations and organizations throughout the world to acquire and keep open competitive edges and core competencies that will ultimately provide the basis for success. Around the globe companies are air for profitability a fact that logically tests and underlines the necessity for cost-cutting, innovative solutions and higher margins or returns to be ach ieved. Markets are expanding and constantly developing, creating new needs and opportunities for revenues. Nonetheless, the price-wars and the intense rivals among major players in all industries constitute a business environment that requires strategic get on the part of corporations in order to maintain and sustain competitiveness.Supply chain management is a business area that has gained the attention of virtually all companies that attempt to increase efficiency gains through flexibility and responsiveness to changes in the market and the demand levels. For this very reason, strategic approach to SCM (supply chain management) has become integral part of the organizational planning.Voss (1987) defines JIT as a disciplined approach that eventually aims at improving business performance through increasing productivity and eliminating waste. In more expatiate Just-in-Time actually targets maximization of production in a cost-effective manner, on the one hand, and delivery of adap ted quantity of products/parts on the other

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