10 trends for the next ten years
Self-directed Exercise: Article Review
Article Citation: Sengupta, S. (July, 2013). Ten trends for the next ten years. Logistics Management. www. Logisticsmgmt.com
The article discussed the 10 trends of Logistics management for the next 10 years which affecting Supply Chain. Basically, which is said in the article, the logistics management should become more integrated, technology supported, and talented needed. They also did a survey for the executive group to rank the relevance between the 10 trends and business operation. The executive group ranked the service chain, product clockspeeds, and micro segment as the highest relevance category, which is not surprising to me. More and more consumer is considering service as important, thus the company should not only provide great product, but also offer an optimal service to satisfy the customers. An effective service chain ensures that the company stays in a competitive position. Moreover, clockspeed has great impact on supply chain performance. A company with fast clockspeed supply chain will have a competitive advantage in the market. Besides, a company really should know who the target market is and what the target segment wants from them. As long as the company knows exactly who the micro segmentation is, they can be very successful to satisfy the customers’ needs.
The purpose of this article is to show the 10 trends which will influence supply chain management for the next 10 years and the accuracy of the forecast trends. In other words, it demonstrates that what will be improved in supply chain and makes the supply chain much more efficiency than ever before. The ten trends are very inspiring and will definitely change the supply chain management for the next decade. According to the article, there is fierce competition behind the scene. The company should be never satisfied with their performance; otherwise the company will be substituted by any of its competitors. Basically, my career path is
Article Citation: Sengupta, S. (July, 2013). Ten trends for the next ten years. Logistics Management. www. Logisticsmgmt.com
The article discussed the 10 trends of Logistics management for the next 10 years which affecting Supply Chain. Basically, which is said in the article, the logistics management should become more integrated, technology supported, and talented needed. They also did a survey for the executive group to rank the relevance between the 10 trends and business operation. The executive group ranked the service chain, product clockspeeds, and micro segment as the highest relevance category, which is not surprising to me. More and more consumer is considering service as important, thus the company should not only provide great product, but also offer an optimal service to satisfy the customers. An effective service chain ensures that the company stays in a competitive position. Moreover, clockspeed has great impact on supply chain performance. A company with fast clockspeed supply chain will have a competitive advantage in the market. Besides, a company really should know who the target market is and what the target segment wants from them. As long as the company knows exactly who the micro segmentation is, they can be very successful to satisfy the customers’ needs.
The purpose of this article is to show the 10 trends which will influence supply chain management for the next 10 years and the accuracy of the forecast trends. In other words, it demonstrates that what will be improved in supply chain and makes the supply chain much more efficiency than ever before. The ten trends are very inspiring and will definitely change the supply chain management for the next decade. According to the article, there is fierce competition behind the scene. The company should be never satisfied with their performance; otherwise the company will be substituted by any of its competitors. Basically, my career path is
Bibliography: Sengupta, S. (July, 2013). Ten trends for the next ten years. Logistics Management. www. Logisticsmgmt.com. Retrieved on August 27, 2013 from https://carmen.osu.edu/d2l/le/content/11141445/viewContent/5963256/View.