Supply chain management
Supply chain
Strategic fit
Supply chain risk management
Small business
Best insight from top research papers
The six key logistical drivers in a supply chain are facilities, sourcing, information, transportation, inventory, and pricing. These drivers play a crucial role in determining the competitive strategy of the supply chain and achieving competitive advantage . Facilities refer to the physical infrastructure and resources used in the supply chain, such as warehouses, production plants, and distribution centers. They are important because they provide the necessary capabilities to support the desired competitive strategy . Facilities also contribute to responsiveness and cost-efficiency in the supply chain . By effectively managing facilities, companies can improve their flexibility, reduce lead times, and optimize their operations . Therefore, facilities are a key logistical driver in a supply chain as they directly impact the overall performance and success of the supply chain .
Related Questions
What is the critical factor that change Supply chain and Logistics?10 answersThe critical factor that has fundamentally transformed Supply Chain and Logistics is the integration and advancement of digital technologies, prominently highlighted by the Fourth Industrial Revolution (Industry 4.0) and the acceleration of e-commerce due to the COVID-19 pandemic. The pandemic has not only disrupted traditional supply chains but also expedited the shift towards digitalization and e-commerce, necessitating a reevaluation of warehouse locations and inventory management to meet changing consumer demands. The adoption of the Internet of Things (IoT) in logistics, facilitating real-time tracking and the development of delivery chains, underscores the growing reliance on technology to enhance operational efficiency and reduce costs.The transition to digital logistics, or Logistics 4.0, is driven by critical success factors such as top management commitment, alignment with organizational strategy, and technological infrastructure, which are essential for integrating digital technologies into conventional logistics processes. This digital transformation is further supported by the development of computer-based and digital logistics systems, including cloud-based systems, AI, and the Internet of Things, which have revolutionized how goods, information, and finance flow through the supply chain.Moreover, the necessity for supply chain resilience and risk management, as evidenced by empirical investigations in challenging environments like Nigeria, highlights the importance of adaptable and crisis-prepared supply chains in the modern business landscape. The emergence of new regularities in logistics tasks, driven by digital and informational technologies, emphasizes the shift towards more transparent, secure, and efficient supply chains.The exploration of future logistics trends, such as autonomous vehicles and sustainable practices, reflects the ongoing evolution of the logistics sector and its impact on society. The critical factors identified for transitioning to digital supply chains (DSCs) further illustrate the need for organizations to adopt digitalization to improve organizational performance. The digitalization of logistics and supply chain management (SCM) in Russia compared to global trends highlights the universal shift towards integrating digital technologies. Finally, the application of IoT in monitoring perishable food packaging quality demonstrates the practical implications of digital technologies in enhancing supply chain logistics.In summary, the critical factor changing Supply Chain and Logistics is the comprehensive integration of digital technologies, driven by the need for efficiency, resilience, and adaptability in a rapidly evolving global market.What are the key factors that influence the management of suppliers in military logistics?4 answersThe management of suppliers in military logistics is influenced by various key factors. These include factors such as longevity of relationships, supplier involvement, trust, commitment, environmental uncertainty, top-management support, and information sharing. Additionally, during times of crisis or conflict, subjective variables like risk, uncertainty, and vulnerability, along with objective variables such as inventory levels and delivery times, play a crucial role in adjusting logistics plans rapidly. Furthermore, the level of trust within the supply chain is identified as a critical factor affecting logistical cooperation efficiency, with the proposal of a confidence indicator to assess and improve networks and supply chains. Moreover, the effectiveness of military logistics support is impacted by factors like combat situation dynamics, modern weapon use, transport networks, and replenishment strategies. Incentive mechanisms and game theory are also essential in stimulating motivation and cooperation among supply chain members to enhance military logistic support capabilities.What are the key factors that contribute to successful logistic operations in different industries?5 answersSuccessful logistic operations in various industries are influenced by several key factors. These include efficient supply chain management, utilization of modern technologies and innovations, development of partnerships with customers and suppliers, quick adaptation to market changes. Additionally, factors such as cost management, speed, reliability, customer satisfaction, distribution channels, company image, environmental sustainability, and technological advancements play crucial roles in the success of logistics enterprises. Furthermore, the importance of logistics outsourcing for effective operations is highlighted, emphasizing the need to select the right logistics service provider to enhance outsourcing benefits. Innovation, internationalization, energy efficiency, and productivity growth are also identified as significant factors contributing to the effectiveness of logistic services and shipping management.What are key factors driving supply chain resilience?3 answersKey factors driving supply chain resilience include supply chain artificial intelligence, adaptive capability, supply chain collaboration, supply chain integration, information sharing with suppliers, supply chain intelligence, supply chain communication, leadership commitment, risk management orientation, supply chain capability, and network complexity. These factors have been identified through comprehensive literature reviews, case studies, and expert opinions. Supply chain resilience has been found to have a positive and significant influence on supply chain performance. By adopting supply chain resilience and other organizational dynamic capacities, organizations can enhance their organizational and supply chain performance. The findings of these studies provide valuable insights for practitioners and managers in improving their level of resilience in the supply chain. Additionally, the influential enabling factors and their causal relationships can be used to prioritize these factors and develop guidelines for improving supply chain resilience.What are the metrics for the logistical driver in a supply chain for the facilities?4 answersLogistical metrics for facilities in a supply chain include indicators for measuring performance in various logistics processes such as supply, warehouse, production, and customer service. These metrics are used to control the use of resources, monitor compliance targets, and identify opportunities for improvement. Additionally, metrics are used to support the measurement model SCOR supply chain, providing added value to the academic and business sectors. The framework for developing supply chain metrics focuses on managing the interfacing customer relationship management and supplier relationship management processes at each link in the supply chain. This framework translates process improvements into supplier and customer profitability, allowing for the development of metrics that identify opportunities for improved profitability and align objectives across all firms in the supply chain.What are the main impact on logistic chains?5 answersImprovements in the performance of supply chain logistics have a positive impact on economic growth, with the timeliness of shipments having the greatest effect. The value of transport costs in supply chains affects various indicators such as price, sales volumes, and profits of participants. Global procurement has influenced the logistics sector, leading to changes in decision-making criteria and the prioritization of invisible costs over product purchase price. The COVID-19 pandemic and other intra-supply chain problems have resulted in critical capacity issues, escalating prices, and long delivery times, affecting manufacturing, healthcare, agriculture, and commerce. The pandemic has also forced the acceleration of digitally powered solutions for capacity improvements in transportation. Emerging technologies in autonomy, electrification, fuel cells, and low carbon powerplants offer cleaner, safer, and more affordable transportation options.
