Simultaneously, the logistics industry attracts highly educated graduates entering this industry and its quality will be improved. The logistics industry is one of four economic pillars in Hong Kong which represents 21% of Hong Kong total employment. As the logistics industry is prosperous, many high educated and skilled labors are attracted by career opportunities. From figure 15, we can see clearly that almost 70% interviewees think that career opportunity is the most important factor to attract people to enter logistics industry. Also, according to figure 14, 90% of interviewees agree the prospect of logistics industry in Hong Kong is optimistic. Those reveal that employees are confident to work at local logistics industry and believe that they can have career opportunities to develop their talents in local logistics industry. On the other hand, the demand of skilled labor and talents in local logistics industry is increasing rapidly because of the keen competition in Hong Kong. One of the significant factors lead to the fierce competition in local logistics industry is the trend of online shopping. As the online shopping becomes popular, the more online stores need to cooperate with logistics companies, the more competitors enter the local logistics industry. Thus, logistics companies need to improve their service quality to make competitive advantage. However, Hong Kong is facing a shortage of skilled labor and talents. In order to attract more professional and high educated employees, logistics companies provide favorable conditions for attracting highly educated employees enter their companies to gain competitive advantage such as high salary. With the favorable conditions, highly educated graduates are willing to ente... ... middle of paper ... ...logistics solutions recently, and the demand for high quality logistics services is increasing. There is a constant pressure for greater efficiency, faster delivery times, lower fees, well IT solutions, upgrade physical infrastructure and high quality staff that can understand and fulfill a customer’s every need. The whole logistics industry has a great change which creates another pressure as IT enables customers and seller to skip “middleman” companies; and emphasize “just in time” delivery. This can increase the profit in a wide range of industries (Hong Kong Logistics Development Council, 2007). This shows that the fast development of e-commerce create a changes in local logistic industry. The local logistic industry has opportunities to expand their business and market. As a result, there is has a significant economic growth in Hong Kong’s logistic industry.
This report was made to show how Action Modular can increase their profits and make them more marketable. The trucking industry is an industry that has and will be around for a long time. As long as there are manufacturers and consumers requiring their freight to be moved, there will be a need for trucks. If the marketing trend is monitored regularly by putting the right people in place and being proactive regarding the equipment and freight rates. Action Modular will be highly marketable and can yield more in revenue versus decreasing the revenue by utilizing outside carrier.
Over the years role of supply chain has been altered. The distribution has switched from shipping from one focal point, now technology has shortened the process that will to ship directly from the manufacture to the customer that will tie in to the distribution channels. Though distribution is costly, a person would think all the risk will be eliminated. Contrarily to what people may think, distribution have many risk it must account. When the product is unloaded onto the truck, it’s the trucker sole responsibility to ensure the customer receive their product. Distribution initially start at beginning when it is
As a freight trucking provider, Knight-Swift Transportation (KNX) faces a litany of potential risks and there is a strong need for enterprise risk management. Given the competitive nature of the industry, small mispricing’s on shipping costs or incorrect fuel cost projections can have devastatingly negative effects on company profitability. New regulation from the Federal Motor Carrier Safety Administration (FMCSA), in an effort to enact stricter rules on diver logging and limiting weekly travel hours could have adverse effect on the company. Additionally, talent acquisition/retention poses as a rising threat to Knight-Swift Transportation . The long hours on the road and limited base pay can make it hard to find motived drivers to work. The
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 delivery, 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 “management of materials and information flow both in and between facilities across SC”, where the SC or the supply chain is a “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...
The overall concept of experience over material goods is important to happiness in the business sector as well. When an applicant considers a job, he should examine a company’s atmosphere and understand his possible future working environment. Compromises such as forfeiting a high salary may be necessary in exchange for an ideal work environment. Likewise, companies need to consider employees that not only are qualified but also are beneficial
This Essay will give you a new way of thinking when it comes to recruitment and selecting future employees and hopefully it will help you in your future researches or using the methods that will introduced in a later stage in this essay.
For many important and well known companies its people are most important asset. For McDonald’s this applies as well. Employees who demonstrate positive attitudes and ability of commitment strive to be number one in customer satisfaction. For this same reason, McDonalds’s restaurants focus on attracting and hiring the best and at the same time provide the best place to work. Unfortunately McDonald’as well as other companies have to experience staff turnover. Many of these reasons consist of changing careers, going back to school, leaving the area, and even new opportunities they are offered. Although, it can be very expensive to recruit and train staff to reduce turnover, McDonald’ reinforces these steps and makes sure they choose wisely and also treat their staff well. McDonald’ needs and looks for people who want to exceed and deliver great customer satisfaction service. In order for them to make sure they select the best, they must identify quality skills, and or behaviors that applicants must demonstrate in order to be hired and be part of McDonald’s family. Every position or job description has an outline of the regular duties and or responsibilities McDonald’ want their employees to follow. McDonald’ also has a person specification where personal skills and competences can be defined of each applicant.
Even the slowdown in current global economies could not bring retail sector down as retailers keep seeking for opportunities overseas to avoid challenging economic condition, which make this sector becoming more globalised and competitive. As an heir of an industrial components retailer, I also believe there are bountiful opportunities to grow in this emerging industry. But without deeply and truly understanding in every aspect of retailing, one could not survive in the battle. For this reason, I would like to pursue my education further by studying Master in retail management to obtain knowledge in retailing and hopefully become successful in the field.
We learnt that the operation of UPS World Port and the FedEx Super Hub showing how advance in technology help them succeed. Under the crush of an e-commerce revolution, both companies are forced to figure out the best way to be faster, smarter and cheaper in order to compete with others.
Outbound logistics: They are made up of centralized logistic centers to promote efficiency, global network, reduced emission of CO2 by 22% to ensure ecological sustainability and lastly to improve customer service.
Working on this report was a pleasure to me, as well as gaining some real life lessons and knowing with better skill how logistics companies work in Lebanon. I, however, also did my best to complete the training program in the best way I know how. I am thankful for having the opportunity to submit my report to you.
Reverse logistics is the process of returning faulty goods from customers. Reverse logistics and returns management continue to be an important part of the world economy. The development of a reverse logistics competency could augment a firm’s supply chain strategies, and if well executed, could transform returns from a cost center to a profit center by extending the productivity of materials, resources, and labor. Information Technology can improve the reverse logistics benefits for a firm that collaborating with supply chain members. In having a superior logistics performance, some competencies are required in considering relationships, technology, and reverse logistic. (Tyler R. Morgan, Robert Glenn Richey Jr, Chad W. Autry, 2015)
As shopping centre can be found easily in Hong Kong and is open to all people, whether its environment is accessible and user friendly enough to cater for all types of people are of importance. Also, with the initiative taken by the government in the provision of barrier free environment, it is valuable to study government’s influence on private sector. Thus, private shopping centres have been chosen as the scope of this study.
The key performance drivers of Supply Chain Management (SCM) are - facility effectiveness, inventory effectiveness, transportation effectiveness, information effectiveness, sourcing effectiveness, pricing effectiveness, delivery effectiveness, quality effectiveness and service effectiveness. These drivers include various performance markers that may be measured quantitatively by gathering information and applying them in SPSS. The works here may principally be quantitative with spellbinding measurable investigation. In the current world, practical supply chain management to help the triple primary concern, (nature, domain, and economy) is likewise included in the extent of supply chain performance drivers. This is relatively a quite new research region.
Coyle, J., Langley, C., Gibson, B., Novack, R. and Bardi, E. (2008).Supply Chain Management: A Logistics Perspective. 8th ed. Cengage Learning, p.366.