In today’s dynamic business environment, logistics strategy has become one of the key drivers of competitive advantage. Our article presented an overview of such a strategy, its goals, and practical implementation examples. Continue reading our article, and you will learn all the essential details you need about logistics strategies!
🔎 Top-5 Logistics Strategy Examples
- Turner and Aramex Companies Logistics Issues
- Etihad Airways Company’ Supply Chains and Logistics
- Emirates Steel Company: International Business and Globalisation
- Adnams Company: Marketing Approach Redesigning
- Whirlpool Corporation's Logistics Strategy
🚛 Logistics Strategy: Meaning & Importance
The operational organization plays a vital role in any business. We will discuss corporate logistics and the information needed to achieve logistic strategy objectives.
What Is a Logistics Strategy?
The logistic strategy was formerly restricted to supply chain management but has now become a part of corporate strategy. The plan helps create sustainable operations for a business and helps shape the socioeconomic aspects of the company. It includes four levels: transportation, structural, strategy review, and outsourcing.
What Information Do You Need to Develop a Logistics Strategy for Your Company?
To create a logistics strategy for business, an organization should collect the following information:
- Transportation. Does transport help with service levels?
- Outsourcing. What kind of outsourcing approach is used in the logistic strategy?
- Logistics Systems. Do the current logistic systems provide the required data systems for improved service?
- Competitors. Can changes identified by competitor analysis help improve the logistic strategy?
- Information. Is the company information accurate, up to date, and obtained in the logistic strategy?
- Strategy Review. Is there coherence between logistic strategy objectives and company objectives?
💡 What Are the Objectives of Logistics Strategy?
There are many reasons a business should invest in developing its logistics strategy. We have examined the top 10 objectives below:
- Effective Supply Chain. Logistic strategy and planning aim to improve supply chain operations by identifying possible issues within the current system distribution.
- Effective Information Flow. A logistic strategy helps professionals implement the importance of an adequately structured framework. The right approach makes managing the information flow easier, even in international trade.
- Operation Cost Reduction. Formulation of pocket-friendly operations is vital to logistics strategy since it optimizes the current operating systems and helps save investments. It can also assist with identifying possible retail and inbound operations issues.
- Carbon Footprint Reduction. Ensuring eco-friendly operations with minimal carbon footprint is necessary for all modern businesses. Logistic strategies assess fuel consumption and help find the shortest routes for transportation.
- Product Damage Reduction. Product damage can be a significant reason for company liability, but a logistic strategy can help reduce minimal product handling for less damage and accident chances.
- Fast Response. With a logistic strategy, quicker communication and management are possible. It allows recipients and consignment senders to achieve real-time updates about the freight.
- Better Delivery Performance. The world of logistics has become more competitive and has made quality services a must, and logistic strategy makes it possible.
- Better Quality. Quality services engage customers and boost organizational success with a professional logistic strategy.
- Management of Inventory. The logistic strategy aims to improve inventory management by allowing service providers to deploy automated methods in business.
- Customer Satisfaction. The ultimate objective of the strategy is to increase customer satisfaction and make their investments worth the trouble.
✈️ Logistics Strategy Examples
To further elaborate on the point, we’ve listed some logistic strategy examples for you:
- Inbound Logistics. It refers to transporting and sourcing the material from the suppliers to the buyer’s manufacturing units and requires managing warehouses/costs.
- Outbound Logistics. It refers to transporting the final products to the targeted customers, as a business like an eCommerce site relies on these logistics greatly.
- Reverse Logistics. The products that return from customers because of a fault, defect, or a dispute quality in reverse logistics.
- Distribution Logistics. The distribution logistics is responsible for maintaining product and market connections.
- Third-Party Logistics. These logistics outsource the warehouse delivery and customer handling for the business owners.
- Fourth Party Logistics. The fourth-party logistics is the single contact point for all other members of the supply chain system.
In conclusion, companies can optimize their logistics strategy and achieve sustainable growth by implementing best practices and technologies. We hope that our article was informative and engaging for you. Remember to check out our samples also!
📝 Logistics Strategy Research Paper Examples
- Kellogg's Supply Chain Case StudyBusiness essay sample: This document attempts to discuss various elements required to assist in the effective management of Kellogg’s supply chain.
- Global Logistics and Supply Chain Management in BusinessBusiness essay sample: Global logistics are dominated by seaborne trade because of the economies of scale involved. However, for certain products, Airfreight can become the medium of choice for transportation.
- Ryanair in the European Low-Cost Airline IndustryBusiness essay sample: Ryanair's low model of growth has been leaned and aggressively sought by several low-cost airlines in Europe and in other parts of the world.
- Toyota Motor Company's Supply Chain ManagementBusiness essay sample: This paper considers the fundamentals of supply chain management and logistics and presents examples of Toyota Motor Company's supply chain management practices.
- Supply Chain Management: Main StepsBusiness essay sample: There are five steps that can be followed while designing a supply chain network. These are: planning, sourcing, making, delivering and returning.
- International Logistics the Local MarketsBusiness essay sample: The essay describes how international logistics can be used as a reference and as an example of the development of the local markets.
- Logistics Management as an Indispensible Element of Any EconomyBusiness essay sample: Logistics and supply chain management are vital components of any economic or business process observed on the global scale.
- Logistics Management in the Modern International Trade EnvironmentBusiness essay sample: The importance of logistics is extremely high nowadays because of the growing intensity of international trade.
- Chem Genex, Alumina Limited and Repco Corporation: Logistic AssignmentBusiness essay sample: In this discussion we are going to focus on there companies in Australia and how their business is managed on a daily basis.
- Logistics Management and PopularityBusiness essay sample: Goods need to be transported from one point to the other in a timely and cost effective manner, and it is only high calibre logistics management that can deliver this.
- The Effect of a Severe Winter on Logistics in the UKBusiness essay sample: This paper discusses the effect of the recent winter conditions on businesses in the UK with focus on the logistical implications to a Fast Moving Consumer Goods manufacture in the UK.
- Principles of Retail LogisticsBusiness essay sample: This report pinpoints the key factors that determine success in e-retailing and it is particularly focused on Hong Kong market.
- Logistics as a Strategic Function of the OrganizationBusiness essay sample: Globalization and internationalization of business demand new ways and methods of operations management and logistics.
- E-Tailing in Food and Non-Food Sector in Hong KongBusiness essay sample: This paper provides an introduction to online retailing and how food and non-food businesses can be successfully set up in the retail market in Hong Kong.
- Tate and Lyle Company's Logistic ChallengesBusiness essay sample: The paper discusses logistics issues in Britain and makes an analytical look at the supply chain challenges of Tate and Lyle is one of Britain’s oldest brands.
- Effect of Bad Weather on FMGC LogisticsBusiness essay sample: Supplying goods in schedule in difficult conditions like bad weather conditions can be one of the most challenging tasks for FMGC companies.
- Supply Chain Management and Technology ImpactBusiness essay sample: An efficient supply chain management does not merely confine to technology, but it relies on the course of action.
- Operations And Logistics ManagementBusiness essay sample: In general Logistics and Operations Management encompasses all the processes that are carried out in order to produce goods and services.
- The Port Authority of New York and New Jersey Performance AnalysisBusiness essay sample: The Port Authority of New York and New Jersey is an autonomous, interstate, corporation that controls and sustains bridges, tunnels for both road and rail transport.
- Expensive Plant and Machinery: Phenomenon of a Supply ChainBusiness essay sample: This paper describes how a supply chain may be made sustainable to ensure the continuous supply of parts, components and subassemblies for maintenance of expensive plant and machinery.
✅ Essay Ideas on Logistics Strategy
- The Design of the Possible Coca-Cola Supply ChainBusiness essay sample: Originally, the supply chain for the Coca-Cola Company entails numerous suppliers and a broad network of dealers and consumers.
- Marketing Logistics: Marketing Hearing Aids to Developed MarketsBusiness essay sample: In any business operations globally, certain factors have to be considered in ensuring smooth operations of the business venture.
- Sustainable Logistics: Virginia Valley Smoked HamBusiness essay sample: By Virginia Valley putting in place sustainable logistics and supply chain management, it will be able to run operations in the most effective and efficient way.
- Summary of Supply Chain Logistics ManagementBusiness essay sample: Supply chain management covers many strategies to ensure efficiency in operations. There is a need to establish appropriate logistics to ensure the supply chain management success.
- Pepsi’s Investment in the Australian MarketBusiness essay sample: Pepsi is the second-largest food and beverage business in the world. Launching an energy drink to the market right now is a good and timely investment.
- Japanese Automobile Company ALTRASU: Case StudyBusiness essay sample: The goal of this case study is to make recommendations on how to adapt this strategy to make a profit in changing conditions.
- The Logistics Management of the Nokia CompanyBusiness essay sample: Nokia company has excelled in customer response through proper planning and very accurate logistics management strategies.
- Surpass Freight Transport, Packaging and Logistics Company AnalysisBusiness essay sample: “Surpass Freight Transport, Packaging, and Logistics Company” is formed to provide transport, packaging, and logistic services to all prospective customers.
- Transportation and Logistics Management: Key ChallengesBusiness essay sample: This paper aims to identify the challenges in transportation and logistics management and suggest viable solutions to these challenges.
- Sewon Maritime Logistics Inc.Business essay sample: Sewon Maritime logistics Inc. demonstrated that the organization can offer affordability alongside value. Low prices do not mean that a shipping company offers low quality.
- Impact of Information Technology on the Logistics and Transportation IndustryBusiness essay sample: Information Technology (IT) promotes effective communication and ensures value-enhancing relationships in logistics and transportation
- Receiving Process in Distribution CentersBusiness essay sample: This paper critically analyzes the procedural stage of product acceptance of a situational FMCG distribution center in the context of product realization.
- Logistics Outsourcing OpportunitiesBusiness essay sample: The paper states that logistics outsourcing is essential and should be encouraged to improve the performance of companies in different industries.
- Logistical Issues Faced by OrganizationsBusiness essay sample: This paper is designed to overview the common logistical issues organizations face, their reasons, and the ways they can be addressed.
- Impact of Total Landed Cost on Global Supply ChainBusiness essay sample: Total Landed Cost is one of the main characteristics to be considered when designing logistics processes. This concept includes many factors.
- Business Logistical StrategiesBusiness essay sample: A logistics strategy should be developed with constant mindfulness of the goals set in the higher-level process, and the strengths of the organization.