Wednesday, October 2, 2019
Essay example --
Can Anticipatory Logistics Work In The Corporate World? I do not see any reason, based on the article provided, as to why anticipatory logistics cannot work in the corporate world. In my opinion both are significantly similar in function and operation. The basic aim of both the supply chain management that is frequently used in the corporate world and the anticipatory logistics used by the armed forces are same, and that Is to satisfy the customer better than the competitor. It is true that in each industry the requirements, needs and demands of customers are different, specifically in the corporate world where one company sells pharmaceutical products while other sells ready made clothes. However, in the industry, all the companies compete for a greater market share and that share is contributed by earning customers, loyal or not. When there is a question of winning customers, then there is a concern about the cost, the pricing of the product or service, the speed and ease of delive ry, the psychological acceptance, and many other such elements that make the organization ponder on efforts that would let them survive not just in the corporate world, but also in the war or preparations for war. Anticipatory logistics work in the similar fashion as the supply chain management works. Defining the supply chain management, Li et al (1999) writes that the supply chain management is the ââ¬Å"management of materials and information flow both in and between facilities across SCâ⬠, where the SC or the supply chain is a ââ¬Å"network of facilities and distribution options that performs the function of procurement of materials, transformation of these materials into intermediate and finished products, and distribution of these finished products to custo... ...n Empirical Comparison of Anticipatory and Response Based Supply chain Strategies.â⬠The International Journal of Logistics Management. 9: 2; 21-33. Lair, Noor Ajian Mohd, Awaluddin Mohamed Shaharoun and Mohamed Shariff Nabi Baksh, ââ¬Å"JIT Implementation across A Supply Chain and It effects on Inventory Distributionâ⬠, http://www.moste.gov.my/kstas/NSFWorkshop/NSF/nsf%5CAAI16.DOC Lenzini, Joshua M (2002) ââ¬Å"The Army's answer to supply chain management Army Logisticianâ⬠; Fort Lee; Sep/Oct 2002 Li, Yuan, Fan, Zhiping and Zhao, Xuan (1999). ââ¬Å"An Integrated Framework of Supply chain Management System.â⬠Software Engineering Conference 1999. Proceeding sixth Asia Pacific. 196 ââ¬â 199 Pagh, Janus D and Martha C Cooper (1998) ââ¬Å"Supply chain postponement and speculation strategies: How to choose the right strategyâ⬠, Journal of Business Logistics, Issue # 2, Volume 19, Pg. 13-33.
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