1,546
6
Essay, 1 pages (150 words)

Logistics and supply chains networks

The contemporary business world comprises several dynamics that affect the prevailing supply and demand patterns. Consequently, the alternating patterns of consumptions stimulate the implementation of various changes in the logistic processes. Due to the dynamics in the fast-paced business world, firms are rapidly adopting a responsive model, and this significantly affects the logistic processes and the supply chain.
Currently, firms tend to adopt the responsive model in their operation, and this makes it the most dominant framework used in the business industry (Manuj, Omar & Pohlen, 2014). As opposed to the anticipatory model that relies heavily on forecasts and plans, the responsive model is dependent on the prevailing circumstances and conditions in the market. The reactive model gains popularity due to the changing taste and preferences of consumers. Consumers prefer customized goods and services that they keep ordering at undefined times.
There is a challenge of communicating changes in demand to the transporters and suppliers, and this makes the management of costs even harder. Therefore, a consolidated view of transportation and logistics within the supply chain is imperative to adopt the right model in operation.

Thank's for Your Vote!
Logistics and supply chains networks. Page 1
Logistics and supply chains networks. Page 2

This work, titled "Logistics and supply chains networks" was written and willingly shared by a fellow student. This sample can be utilized as a research and reference resource to aid in the writing of your own work. Any use of the work that does not include an appropriate citation is banned.

If you are the owner of this work and don’t want it to be published on AssignBuster, request its removal.

Request Removal
Cite this Essay

References

AssignBuster. (2022) 'Logistics and supply chains networks'. 9 January.

Reference

AssignBuster. (2022, January 9). Logistics and supply chains networks. Retrieved from https://assignbuster.com/logistics-and-supply-chains-networks/

References

AssignBuster. 2022. "Logistics and supply chains networks." January 9, 2022. https://assignbuster.com/logistics-and-supply-chains-networks/.

1. AssignBuster. "Logistics and supply chains networks." January 9, 2022. https://assignbuster.com/logistics-and-supply-chains-networks/.


Bibliography


AssignBuster. "Logistics and supply chains networks." January 9, 2022. https://assignbuster.com/logistics-and-supply-chains-networks/.

Work Cited

"Logistics and supply chains networks." AssignBuster, 9 Jan. 2022, assignbuster.com/logistics-and-supply-chains-networks/.

Get in Touch

Please, let us know if you have any ideas on improving Logistics and supply chains networks, or our service. We will be happy to hear what you think: [email protected]