Best Practices in International Logistics Supply Chains
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Bestpracticesininternationallogisticssupplychains.docxBest practices in international logistics supply chains?
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B (Automate with Internet Based) |
C (Circular Supply Chain Designs) |
D (Envision the Future, Act on the Foundations) |
E (Partner for Success) |
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Link #1 https://www.supplychain247.com/article/best_practices_in_global_logistics
Even though total supply chain costs may be reduced by global sourcing, typically, transportation and logistics costs have been rising as a percentage of the cost-of-goods sold (COGS).
· Due to rising oil prices
· Long distance flow of goods and transportation capacities
Logistics as a strategic business function:
On time delivery can be affected by high variability in supply lead times. In many occasions product unavailability
· Evaluate and determine the right global logistics operating model
· Establish strategic relations with logistics service providers and get alignment on performance metrics
· Deploy global visibility and exception management processes and systems
· Optimize the global flow of goods through intelligent routing and consolidation
· Institute a continuous process for ongoing logistics network design and scenario analysis
Link #2 https://sourcing.essar.com/GS/Portals/0/Download/MANH-INSIGHT_Best_Practices_ILS1.pdf
· Envision the future, act on the foundation
· Partner for success
· Automate with internet-based technology
· Create visibility to create control
· Use inventory more efficiently
· Implement transportation spend management
· Streamline customs processes and maximize trade agreements
· Obsess about organizational buy-in
Link #3 file:///C:/Users/student/Downloads/5e5cf71679c6f.pdf
· Focus on Customer Experience
· Scaling Digital Supply Chain Capabilities
· Moving to Circular Supply Chain designs
** Best Log approach = social responsibility + ecology standard + economic productivity
· Improving visibility
· Protecting gross margins
· Increasing logistics agility
· Improving international transportation
· Improving Trade Compliance
· Adopting Supply Chain Finance
· Deploying Commercial Global Supply Chain Technology
Link #5 file:///C:/Users/student/Downloads/Best_Practices_in_International_Logistic.pdf
· Envision the future, act on the foundation
· Partner for success
· Automate with Internet-based technology
· Create visibility to create control
· Implement transportation spend management
· Streamline customs processes and maximize trade agreements
· Obsess about organizational buy-in
