Logistics, Management and Strategy
THE FUNDAMENTAL OF LOGISTIC MANAGEMENT AND STRATEGY
Xi-Er Dang
Abstract
This paper provides a basic but fundamental understanding of logistic primarily based on the book of “Logistics Management and Strategy” by Harrison and van Hoek. It will guide you through from the basic definition and concepts to the different supply chain strategies that exist, as well as providing a perception on the future logistic development. Explanation of principal terms like logistic, supply chain management and supply network is discussed, and important logistic systems like just-in-time, lean thinking and agile strategies are deliberated. Different ways of working together within the supply chain is debated, where there are different ways of sharing information and thus creating different relationships. A prediction of the future development of logistic is a more customer-responsive supply chain.
Introduction
Logistic and supply chain management is vital for firms operating in the global market place today. Competition is increasing and by logistic competitive advantages can be gained. Different ways of competing through logistics will be examined as well as the management and strategies that need to be implemented in order for the whole supply chain to work. It is not only about machines and process but includes people and relationships that need to be managed as well. Where logistic management has often been in the shadow of an organization, this paper will provide knowledge on how important a functional logistic operations is for the firm‟s survival.
Definition and concepts
Harrison and van Hoek (2005) describe logistics as the task of managing material flow and information flow in a synchronous way without interruptions throughout the whole supply network. Managing logistics is accounted as one of the essential part of the overall activities of supply chain management (SCM). Material flow consist of controlling and managing the flow of material and products, while
Xi-Er Dang
Abstract
This paper provides a basic but fundamental understanding of logistic primarily based on the book of “Logistics Management and Strategy” by Harrison and van Hoek. It will guide you through from the basic definition and concepts to the different supply chain strategies that exist, as well as providing a perception on the future logistic development. Explanation of principal terms like logistic, supply chain management and supply network is discussed, and important logistic systems like just-in-time, lean thinking and agile strategies are deliberated. Different ways of working together within the supply chain is debated, where there are different ways of sharing information and thus creating different relationships. A prediction of the future development of logistic is a more customer-responsive supply chain.
Introduction
Logistic and supply chain management is vital for firms operating in the global market place today. Competition is increasing and by logistic competitive advantages can be gained. Different ways of competing through logistics will be examined as well as the management and strategies that need to be implemented in order for the whole supply chain to work. It is not only about machines and process but includes people and relationships that need to be managed as well. Where logistic management has often been in the shadow of an organization, this paper will provide knowledge on how important a functional logistic operations is for the firm‟s survival.
Definition and concepts
Harrison and van Hoek (2005) describe logistics as the task of managing material flow and information flow in a synchronous way without interruptions throughout the whole supply network. Managing logistics is accounted as one of the essential part of the overall activities of supply chain management (SCM). Material flow consist of controlling and managing the flow of material and products, while