In the present world the business environment which
is global is a one that is complex with the fast development in the
technologies, the chains of supplies which is extended widely and the
world markets which is emerging. This makes the places to be a critical
one for the professionals of logistics to make a decision.
- Challenges in the present:
The solution on the chain of supply which is been seamless provides a
challenge across the boundaries that are cultural and geographical and
have been exponentially increased. The decision making of the 3rd party logistics
will completely depend on the logistics requirement in the overall
basis, the choices of the vendor and other variables that are dynamic.
Thus the decision should be a one which is good or it may lead to a
pitfall if it is not done correctly and carefully.
- Strategies to be followed:
The criteria for selecting a logistic are the cost which is involved
in it. The cost of the entire supply chain should also be taken into
criteria.
- Alignment of the culture:
The various challenges which is faced by the shippers in present are
inclusive of controlling the visibility of the supply chain which is
carried on internationally, the cost that is landed totally, lead
times. The total landed cost is a one which is inclusive of obsolescence
cost, inventory carrying cost and the service which is been provided
to the customer. The distributor of logistics should be selected
according to how they meet the needs of the distribution globally in
both the operational and cultural one which is critical.
- Infrastructure of the company:
With the invent of new technologies and globalisation it is difficult
for both the parties to have the shipment accessibility and the
physical source to the data which is used to meet the needs of the
other person. The proper chain visibility of shipment will be provided
if the partners share the resources of the company and the
capabilities that are common.
- Capabilities of IT:
Along with the infrastructure of the company the capabilities of IT
work in together. The shipper and the logistics of the third party will
be of a perfect match if they communicate about the platform of
operations which they have in place already. To provide a chain of
supply that is seamless the crucial things which should be present is
the responsiveness which is on-going timely and the sharing of data in
the real times. The compatibility of IT is a necessity for offering
services on the logistics globally.