It’s clear that the growth of international trade over the past decades has helped improved the global economy and has created more opportunities many developing countries. In order to sustain this trend, logistics hubs that facilitate the manufacturing and distribution of goods have been established in virtually every country around the world.
Logistics
The 5 Secrets of Productivity in Logistics (Infographic)
Having state-of-the art systems, logistical infrastructure, and analytics would all be useless without an engaged and committed workforce for increased productivity in your logistics.
In order to run an efficient logistics operation, it’s is crucial to establish seamless communication within your supply chain with the goal of improving it in the long run. Complimented with continuous education and training, a logistics organisation will be able to significantly improve its processes, products, and service. This drives a high end performance driven culture ensuring significant cost-savings, higher service levels, and ultimately, more engaged and productive employees.
Right Stuff, Right Place, Right Time: Supply Chain Coordination
Effective supply chain relationships lead to successful supply chain operations. Product design, manufacturing, transport, warehousing, inventory management, distribution and retailing – in a modern supply chain these operations cut across departmental, organizational and national boundaries.
Do you Speak my Language? Supply Chain Communication
English has become the number one international language of business. This would appear to hand a significant advantage to those who already have English as their mother tongue. Many multinational corporations (MNCs), including some that do not have their origins in an English-speaking country, such as Nokia of Finland and SAP of Germany have even adopted English as their standard corporate language. Indeed, approximately 36% of global business in now done through English and despite the rise of China as an international trading nation, English is set to extend its dominance. According to a recent study English is moving from being a “marker of the elite” to becoming “a basic skill needed for the entire workforce”.
The Whole is Greater than the Sum of the Parts
Q: Why bother with developing supply chain connections?
A: Because the whole is greater than the sum of the parts.
The Interface Crucible 4. Let’s Make a Movie: Situational Inter-organizational Relationships
While sustaining long term strategic relationships is critical for success, an ever more common response to the rapidly changing business environment is the formation of short term alliances designed to address specific tactical goals, projects or initiatives. In many instances these arrangements bring together people from different disciplines who may come from different cultures and ethnic backgrounds. Add in long distances and different time zones and the complexities and challenges of sustaining successful working relationships increase even more.
The Interface Crucible 2. Culture: An Evolutionary Strategy for Success
In his book Wired for Culture, The Natural History of Human Cooperation, Nigel Pagel describes the culture as the innovation that we call “culture” that has enabled Homo sapiens as a species to spread across the globe and adapt successfully in many different environments, climates and terrains.
The Globalization of Business and the supply Chain Management Concept
Changes in information and communications technology, international trade liberalization and advances in transportation have enabled the rapid spread of the supply and distribution networks of businesses out of local and national constraints and onto a global stage. This has dramatic implications for all businesses and not just for the large multinational corporations with their global operations dispersed across the world.
The Interface Crucible
Forging International Supply Chain Relationships among Small and Medium Sized Businesses for Competitive Advantage in a Globalized Economy
Retail and Inventory Control
Retail’ as a word has its origins in late Middle English word retaille, re=”expression of force” tailler = ‘to cut’. So, simply put, retailers cut big pieces to small pieces for consumption rather than resale. Just like the butcher needs careful consideration to the art of providing small pieces of a large piece of meat to satisfy each of the numerous customers, retail is not an art unless inventory control is put into practice.
