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Outsourcing A Way To Increase Efficiency The Logistics Context
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Book Synopsis Outsourcing - a way to increase efficiency? The logistics context by : Vadims Kolmogorovs
Download or read book Outsourcing - a way to increase efficiency? The logistics context written by Vadims Kolmogorovs and published by GRIN Verlag. This book was released on 2006-10-28 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2006 in the subject Business economics - Supply, Production, Logistics, grade: 2, University of Applied Sciences Osnabrück, language: English, abstract: Supply Chain Management (SCM) is a management concept aimed at organising and optimising the complete value chain from sourcing raw materials to the final customer regardless of organisational boundaries. In recent years, the strategy of concentrating on core competencies of companies led to a vertical disintegration of processes along the value chain. Practical experience shows that companies focusing on their core competencies in first turn outsource logistics operations within their supply chain management to external service providers. Outsourcing is defined as “the practice of buying goods and services from outside suppliers, rather than producing them within a firm.” Harvard Business Review(HBR), the popular management journal recently listed outsourcing as one of the most influential concepts coined in the last 75 years. A fundamental question to ask in this work is whether outsourcing is really value enhancing and, in particular, whether the firm that undertakes outsourcing becomes more efficient as a result. In the context of this work the degree of efficiency will be addressed by analysing the input side as labour costs and capital for initial investments. It will be shown that in an attempt to increase efficiency by reducing expenses and turning fixed costs into variable costs, companies pursue restructuring procedures that include outsourcing of non-core activities to specialists having a lower cost base due to better economies of scale and scope. In addition, efficiency may also be improved because adjusting output to variations in demand and maintaining the quality of inputs may be easier via enforcing contracts with outside suppliers than in dealing with a strongly unionized internal workforce.
Book Synopsis Logistics Outsourcing by : Vadims Kolmogorovs
Download or read book Logistics Outsourcing written by Vadims Kolmogorovs and published by VDM Publishing. This book was released on 2007-01-01 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years the strategy of concentrating on core competencies of companies led to a vertical disintegration of processes along the value chain. Practical experience shows that companies focusing on their core competencies in first turn outsource logistics operations within their supply chain to external service providers. A fundamental question to ask in this work is whether outsourcing is really value enhancing and, in particular, whether the firm that undertakes outsourcing becomes more efficient as a result. It will be shown that in an attempt to increase efficiency by reducing expenses and turning fixed costs into variable costs, companies pursue restructuring procedures that include outsourcing of non-core activities to specialists having a lower cost base due to better economies of scale and scope. Anyone who wants to outsource a function, or who wants to know more about how outsourcing works, can find within this book a discussion of selected issues that may arise during this process, putting the main emphasis on the planning stage as it is considered to be the critical factor in a successful outsourcing project.
Book Synopsis Manufacturing Outsourcing by : Asbjørn Rolstadås
Download or read book Manufacturing Outsourcing written by Asbjørn Rolstadås and published by Springer Science & Business Media. This book was released on 2012-04-27 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: All companies which reach a critical size are faced with outsourcing decisions that can increase the value of their products and services primarily through lower costs, greater reliability and improved efficiency. Successful outsourcing decisions have an important knowledge dimension, where the outsourcing professionals need to be supported by historical and contextual knowledge regarding their own products performance but also the performance of suppliers. Outsourcing in Manufacturing: the Knowledge Dimension explains in detail how a manager can acquire, create, transfer and use knowledge that optimizes their outsourcing decisions and improves the changes of marketplace success. Outsourcing in Manufacturing: the Knowledge Dimension gives examples of the key decisions that needs to be taken by managers regarding effective outsourcing. Decisions are divided around the structural and infrastructural aspects of outsourcing and the key knowledge that needs to be managed to support good decisions. The book contains illustrations and examples of key processes throughout and concludes with a section dedicated to case studies. These case studies represent a variety of manufacturing system types and sizes focused on supply chain integration, and which deploy various manufacturing paradigms including craft, mass, lean, adaptive, and sustainable manufacturing. Outsourcing in Manufacturing: the Knowledge Dimension covers many theoretical and practical examples of critical outsourcing decisions, their knowledge aspects and how knowledge challenges can be dealt with in a systematic way. It provides a key resource for students, lecturers and industry managers looking to solidify their understanding and application of outsourcing decision making strategies. .
Book Synopsis Logistics Outsourcing Relationships by : Jan M. Deepen
Download or read book Logistics Outsourcing Relationships written by Jan M. Deepen and published by Springer Science & Business Media. This book was released on 2007-06-13 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book uses state-of-the-art scientific methods to reveal that most firms currently do not realize the full potential of logistics outsourcing. It shows the complexity of outsourcing performance and that its true drivers lie in the relationship between service providers and their customers. Through the results of a large-scale empirical survey, the book also emphasizes the importance of a firm's approach towards outsourcing.
Book Synopsis Outsourcing Management for Supply Chain Operations and Logistics Service by : Folinas, Dimitris
Download or read book Outsourcing Management for Supply Chain Operations and Logistics Service written by Folinas, Dimitris and published by IGI Global. This book was released on 2012-08-31 with total page 596 pages. Available in PDF, EPUB and Kindle. Book excerpt: Logistics and Supply Chain Management has been a vital part of every economy and every business entity. Both sciences have become prestigious research fields focusing on best practices, concepts, and methods. Outsourcing Management for Supply Chain Operations and Logistics Services is concentrated on the key players of the outsourcing paradigm; the organizations that provide logistics services, the Third Party Logistics (3PLs), as well as their clients, presenting and promoting the lessons learned by their cooperation. Specifically, this publication presents studies which are relevant to practitioners, researchers, students, and clients of the application of the Outsourcing practice on the Logistics and Supply Chain Management services giving emphasis to 3PLs.
Book Synopsis Outsourcing and Third Party Logistics by : Janina Bohling
Download or read book Outsourcing and Third Party Logistics written by Janina Bohling and published by GRIN Verlag. This book was released on 2013-11-22 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2013 in the subject Business economics - Supply, Production, Logistics, grade: 1, Heriot-Watt University Edinburgh, language: English, abstract: The process of globalization and the removal of barriers to international trade have led to an increased importance of Supply Chain Management for most businesses involved. To remain competitive, there is a need for all partners within the supply chain to collaborate and communicate (Zacharia et al. 2011; Christopher 2011). These two requirements, together with the creation of efficiency in all processes involved, an increased concentration on core competencies and the outsourcing of certain functions, can enhance the competitiveness and the service level of a company, as discussed by Christopher (2011). According to Bolumole (2003), there exists an imbalance between what companies seek to achieve and what they are able to perform in-house. Therefore, “the rationale for outsourcing to third party increases” (Bolumole 2003, p.93). This assignment will illustrate the development of third party logistics companies (3PLs) from the initial outsourcing to a collaborative partnership in supply chains today. The essay will be divided into three parts: development of 3PL, drivers for outsourcing as well as outsourced activities and how these add value to businesses.
Book Synopsis Logistics outsourcing in the food processing industry by : Hsin-I Hsiao
Download or read book Logistics outsourcing in the food processing industry written by Hsin-I Hsiao and published by BRILL. This book was released on 2023-09-04 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the last decade, logistics outsourcing is growing in importance worldwide. Meanwhile, many different kinds of logistics services are also introduced in the outsourcing market. However, up to now, there are no guidelines for the food processing industry to identify which logistics activities should be outsourced to which type of logistic service provider (LSP). By combining managerial and economic theory, this book builds an integrated research framework to demonstrate decisive factors for outsourcing different kinds of logistics activities and their effect on logistics performance. Using empirical evidences from the food processing industry in Taiwan and the Netherlands, this study shows that: - outsourcing decisions of different levels of logistics activities have different determining factors. - total outsourcing (i.e. having the LSP orchestrate the whole logistics process) results in higher logistics service performances in terms of lead-time, reliability, and flexibility. - currently the Netherlands have higher percentages of outsourcing of transportation and transportation management than Taiwan. In the future, Taiwan will probably outsource value added activities and logistics orchestration activities more than the Netherlands. This book is recommended for a broad audience of professionals and practitioners who concern themselves with the design, planning and management of logistics in international food supply chains.
Book Synopsis Outsourcing and Insourcing in an International Context by : Marc J. Schniederjans
Download or read book Outsourcing and Insourcing in an International Context written by Marc J. Schniederjans and published by M.E. Sharpe. This book was released on 2005 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Designed for upper-level undergraduate or graduate courses in strategic management and other courses, this text focuses on concepts, processes, and methodologies for firms involved in outsourcing-insourcing decisions. It covers the international risk factors of this strategy, presenting a view of the positive and negative aspects of outsourcing.
Book Synopsis An Empirical Investigation of the Antecedents and Validity of Five Theory Bases of Logistics Outsourcing Decisions by : Lorena D. Mathien
Download or read book An Empirical Investigation of the Antecedents and Validity of Five Theory Bases of Logistics Outsourcing Decisions written by Lorena D. Mathien and published by . This book was released on 2013 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: The outsourcing of logistics and the procurement of logistics services have risen significantly in industry in recent years, as firms seek to focus on core competencies and outsource noncore functions to reduce cost and gain a competitive advantage. Core competencies, or core capabilities, are "the bundle of a firm's resources and capabilities that are strategically important to its competitive advantage at a certain point in time" (Wang & Ahmed, 2007). One of the objectives of this research is to more clearly define and delineate the differences among the strategic and operations management constructs of resources, capabilities, competencies, and practices. This research focuses on logistics capabilities, and proposes that the contribution of logistics outsourcing towards firm performance is dependent upon the degree of fit between logistics capabilities and the firm and logistics functional strategies. The relationships among these theoretical constructs, their empirical validation, as well as an empirical investigation of the antecedents of logistics outsourcing are pursued in this dissertation research. Outsourcing is the practice of utilizing external resources to perform activities that previously were performed in-house. In the case of logistics outsourcing, academic and industry research has indicated that shippers are becoming increasingly sophisticated in their outsourcing requirements and, with the proliferation of third party and fourth party logistics providers, shippers can demand increasing value at lower costs. Thus, logistics providers will benefit from the knowledge of the factors that drive shippers' outsourcing decisions. Such information may enable logistics service providers to differentiate themselves in the market. This dissertation investigates the factors that induce shippers to outsource logistics functions. Based on a theoretical framework rooted in the social sciences and strategic management, this study proposes an integrative model to develop and understand the critical factors in the outsourcing relationships. The motivation behind this study is threefold: (1) to use the strategic management and social sciences theory bases, in addition to drawing from the research findings on information technology (IT) outsourcing, to examine the theoretical foundations for outsourcing; (2) to apply the theoretical foundations to explain why organizations outsource logistics; and (3) to explain why the benefits are more than just cost-based or resource-based, but may also be strategic in nature. Specifically, this study starts with the research stream on production competence theory of Vickery (1991), and its recent extension to the Purchasing domain by studies such as Gonzalez-Benito (2007). We extend this framework to the logistics management domain, specifically to the emerging area of logistics outsourcing decisions, wherein such research, dealing with the development of capabilities, competences, logistics performance, etc. is very much in an incipient stage. This framework of competence hierarchy is tested empirically for the Logistics context, in addition to testing the validity of five different theory bases. The five theory bases tested are: 1) Resource-based view, 2) Dynamic capabilities view, 3) Competence-based view, 4) Relational factors view, and 5) Transaction cost economics (TCE). To better understand the relationship between outsourcing factors, and logistics and firm performance, theoretical models are developed linking these constructs, and controlling for several firm and business environment characteristics.^The theoretical constructs are defined as comprising strategic-level initiatives such as establishment of competencies, resources, relationship management practices, organizational structure, and governance structure. The dependent variables include positional advantage, defined as a comparative advantage in resources, enabling a firm to occupy positions of competitive advantage, and performance outcomes, measured by financial performance relative to competition. The structural model developed suggests several testable hypotheses and relationships. The major hypotheses are that, first, increased adoption of the proposed theoretical elements may be positively related to competitive advantage. Second, logistics performance, or the alignment of strategy and capabilities, is also positively related to competitive advantage. Finally, increased competitive advantage, or positional advantage, may be positively related to firm performance. The research methods employed involve a systematic development of a survey instrument to measure various constructs of interest. Measurement items were drawn from the literature, along with newly developed scales (e. g. the measure for cost difference for transaction cost view). The survey was pilot tested with senior logistics executives, followed by a full-scale implementation among a random sample of North American shippers. The survey methodology included both web-based and printed surveys. Analysis was conducted in two phases: the first phase being factor analysis (CFA) followed by covariance-based structural equation modeling (SEM) using partial least squares (PLS) approach, validated by ordinary least squares (OLS) regression and SEM. This research demonstrates that discrete resources do play a large role in determining positional (relative) advantage and financial performance in regards to logistics outsourcing. The unique resources developed within an outsourcing relationship account for a large variance of positional advantage; however, financial performance increases when these resources evolve based on market dynamics. Unlike resources, competences are activity-based. When viewed in isolation, top management support, logistics capabilities, and alignment of logistics strategic objectives all increase logistics performance, positional advantage, and, in turn, financial performance. However, when viewed in conjunction with other factors (integrative model), all of these factors become insignificant when determining positional advantage, suggesting that there are more important elements in logistics outsourcing success. Relational factors also play a large role in logistics outsourcing, with communication, trust, and relationship commitment all significant determinants of cooperation, and with cooperation among outsourcing partners leading to both positional advantage and positive financial performance. Among all the factors leading to cooperation, trust plays the largest role. This is not surprising given that many logistics outsourcing relationships are not long-term in nature, and that logistics is such a large spend in any firm. In both the individual models and in the integrative models, resources, the dynamic development of these resources over time, and cooperation all prove to have the most impact on firm positional and financial performance. In addition, although the initial decision to outsource may stem from a shipper's need to reduce costs, transactions costs play a very minor role in logistics outsourcing, and nothing can be claimed on the centralized or decentralized logistics structure on outsourcing success. Finally, when the individual models are combined, they explain significantly more variance in positional advantage, and slightly more variance in financial performance than the individual models. Thus, this dissertation research makes both theoretical and managerial contributions. First, a theoretical model of logistics competence was developed, describing comprehensively, the antecedents and interrelationships among constructs of relevance to logistics outsourcing, and this framework was tested empirically. This framework separates logistics practices from logistics capabilities/competencies, and redefines logistics competence to align with the definitions provided by literature. Second, this dissertation enhances the understanding of the antecedents of logistics outsourcing, and identifies the conditions for optimal performance of shippers and providers in outsourcing relationships. Whereas logistics capabilities and outsourcing competence are determinants in individual models, they are insignificant when included in an integrative model including other factors. Resources, the renewal of these resources, and relational factors play a much more significant role in determining logistics outsourcing success or failure. In addition, transaction costs and the centralization or decentralization of the logistics function within a firm have little to no impact on outsourcing performance. Thus, this research offers practical insights for both shippers and logistics providers for improving firm and supply chain performance. Shippers and providers should focus their efforts on obtaining and renewing resources, as well as building strong relationships centered on trust and cooperation. Third, this research empirically validates (refutes) the five theoretical models of Competence, Resources, Dynamic Capabilities, Relational, and Transaction Cost Economics, specifically in the logistics outsourcing context. The first four theoretical bases are supported in relation to logistics outsourcing; however, the last, TCE, which is the most widely applied theory in logistics outsourcing literature, is found to be an insignificant contributor to success.
Book Synopsis The Road to Outsourcing 4.0 by : Mohammadreza Akbari
Download or read book The Road to Outsourcing 4.0 written by Mohammadreza Akbari and published by Springer Nature. This book was released on with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Designing and Controlling the Outsourced Supply Chain by : Andy a. Tsay
Download or read book Designing and Controlling the Outsourced Supply Chain written by Andy a. Tsay and published by Now Publishers. This book was released on 2014-06-30 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: All organizations outsource. They differ only in the scope and extent of what they procure as goods and services from outside entities. These choices drive an organization's financial performance and long-term competitive viability, and establish the tenor of day-to-day operations. Outsourcing can solve many problems, but is also fraught with hidden costs and risks. This monograph examines outsourcing from a lifecycle perspective. This means tracing the full arc from the germination of the idea to outsource, to the assessment of options, to the installation of control mechanisms, to grappling with conflicts that inevitably arise over time, all the way to the sunset of the chosen strategy. The analysis is highly attentive to the details of operational execution, especially regarding how human resources participate in these decision processes and are impacted by the choices made.
Book Synopsis Outsourcing and Offshoring by : Mário Franco
Download or read book Outsourcing and Offshoring written by Mário Franco and published by BoD – Books on Demand. This book was released on 2021-07-07 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: Outsourcing and offshoring are typically viewed as phenomena allowing competitive advantages for organizations, but some studies have not included the risks, benefits, and challenges of these types of strategies. As such, this book fills this gap by combining several studies from different perspectives. The chapters follow several approaches and applications that researchers explore in different contexts. This book adds to the body of knowledge in outsourcing and offshoring areas and shows how these strategies can stimulate organizations’ development in various countries and regions worldwide.
Book Synopsis The Logistics Outsourcing Handbook by : Jo Godsmark
Download or read book The Logistics Outsourcing Handbook written by Jo Godsmark and published by Kogan Page Publishers. This book was released on 2019-12-03 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: For any business involved in today's supply chains, logistics services are critical. Companies have to decide whether to retain their own logistics operations or place their trust in third-party suppliers. This potential move away from the traditional approach of managing these processes internally can lead to improved service and reduced cost although this isn't always the case. The Logistics Outsourcing Handbook provides step by step guidance on the process of logistics outsourcing and explains how to apply this information for commercial success. Vital advice is given on benchmarking existing operations, how to shortlist companies, produce a request for a proposal, choose the optimum supplier and implement and manage the contract. The Logistics Outsourcing Handbook analyses outsourcing from both an industry wide perspective, while also drilling down into specific individual considerations. The book provides valuable guidance in terms of contractual relationships, cost models and the integration of information technology systems. By analysing current statistics and surveys, looking into factors behind why contracts are awarded and terminated important insights can be acquired. This book contains tools, models, online resources and case studies on the outsourced relationships of companies including Intel KFC and BA to further develop the reader's knowledge which makes this book an informative and essential resource.
Book Synopsis Effective Logistics for Sustainable Development Goals by : M?zrak, Filiz
Download or read book Effective Logistics for Sustainable Development Goals written by M?zrak, Filiz and published by IGI Global. This book was released on 2024-08-16 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world is hyperlinked, globalized, commercial, and innovative, yet it has never reached the pinnacle of progress and interconnection that mankind is capable of. The role of an efficient logistics system in realizing goals of sustainable development has never been more vital. Streamlined logistics can reduce carbon emissions, optimize resource use, and ensure that goods and services are delivered in a manner that supports both economic growth and environmental preservation. By enhancing supply chain efficiency and integrating green technologies, we can achieve a more sustainable and interconnected future, where progress does not come at the expense of the planet. Effective Logistics for Sustainable Development Goals educates, empowers, and inspires stakeholders to leverage effective logistics practices in pursuit of sustainable development goals (SDGs). By providing comprehensive insights, practical guidance, and showcasing success stories, this book illuminates the intricate relationship between logistics and economic advances and social and environmental sustainability. Through promoting an integrated approach to logistics management and fostering collaboration among diverse stakeholders, the book serves as a catalyst for positive change, equipping readers with the knowledge and tools necessary to drive meaningful progress towards a more equitable, resilient, and prosperous future for all. Covering topics such as supply chain management, responsible consumption and production, and electronic logistics, this book is a valuable resource for supply chain professionals, business leaders and entrepreneurs, government officials and policy makers, academicians and researchers, and more.
Book Synopsis Breakthrough Supply Chains: How Companies and Nations Can Thrive and Prosper in an Uncertain World by : Christopher Gopal
Download or read book Breakthrough Supply Chains: How Companies and Nations Can Thrive and Prosper in an Uncertain World written by Christopher Gopal and published by McGraw-Hill Companies. This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Written for the organizational managers, the government agency leaders, and the frustrated workers, Breakthroughs reconceptualizes the supply chain as structure with far-reaching effects"--
Book Synopsis Computational Logistics by : Tolga Bektaş
Download or read book Computational Logistics written by Tolga Bektaş and published by Springer. This book was released on 2017-10-11 with total page 597 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the refereed proceedings of the 8th InternationalConference on Computational Logistics, ICCL 2017, held in Southampton,UK, in October 2017.The 38 papers presented in this volume were carefully reviewed and selected for inclusion in the book. They are organized in topical sections entitled: vehicle routing and scheduling; maritime logistics;synchromodal transportation; and transportation, logistics and supply chain planning.
Book Synopsis International Encyclopedia of Transportation by :
Download or read book International Encyclopedia of Transportation written by and published by Elsevier. This book was released on 2021-05-13 with total page 4418 pages. Available in PDF, EPUB and Kindle. Book excerpt: In an increasingly globalised world, despite reductions in costs and time, transportation has become even more important as a facilitator of economic and human interaction; this is reflected in technical advances in transportation systems, increasing interest in how transportation interacts with society and the need to provide novel approaches to understanding its impacts. This has become particularly acute with the impact that Covid-19 has had on transportation across the world, at local, national and international levels. Encyclopedia of Transportation, Seven Volume Set - containing almost 600 articles - brings a cross-cutting and integrated approach to all aspects of transportation from a variety of interdisciplinary fields including engineering, operations research, economics, geography and sociology in order to understand the changes taking place. Emphasising the interaction between these different aspects of research, it offers new solutions to modern-day problems related to transportation. Each of its nine sections is based around familiar themes, but brings together the views of experts from different disciplinary perspectives. Each section is edited by a subject expert who has commissioned articles from a range of authors representing different disciplines, different parts of the world and different social perspectives. The nine sections are structured around the following themes: Transport Modes; Freight Transport and Logistics; Transport Safety and Security; Transport Economics; Traffic Management; Transport Modelling and Data Management; Transport Policy and Planning; Transport Psychology; Sustainability and Health Issues in Transportation. Some articles provide a technical introduction to a topic whilst others provide a bridge between topics or a more future-oriented view of new research areas or challenges. The end result is a reference work that offers researchers and practitioners new approaches, new ways of thinking and novel solutions to problems. All-encompassing and expertly authored, this outstanding reference work will be essential reading for all students and researchers interested in transportation and its global impact in what is a very uncertain world. Provides a forward looking and integrated approach to transportation Updated with future technological impacts, such as self-driving vehicles, cyber-physical systems and big data analytics Includes comprehensive coverage Presents a worldwide approach, including sets of comparative studies and applications
