Project - inbound and outbound logistics cost optimisation

Assignment Help Project Management

Reference no: EM131452637 , Length: 7

PROJECT - Inbound and Outbound Logistics Cost Optimisation

Summary of Project Title -

In order to ensure the success of the project, it is essential for the firm to implement effective inbound and outbound logistics so that they can generate value to the organisation as well as project. Inbound logistics are the processes related to the receiving, storing, and distributing inputs internally. The inbound logistics are effective to manufacture a good quality of products and services in order to satisfy the needs and expectations of the customers in the markets. Cost optimisation in the inbound logistics can be achieved through developing the effective relationship with the key suppliers (Ross, 2015). In this, the selection of cost effective supply chain can also be supportive in receiving the raw material in low cost.

On the other hand, it can also summarise that the outbound logistics are the activities that deliver the product or service to the customers. The cost optimisation in the outbound logistics also affects the firm in terms of influencing the profitability. The cost optimisation in the outbound logistics can be achieved through selection of nearby storage or warehouses that can deliver the products according to the needs of the customers quickly (Dornfeld and Linke, 2012). At the same time, for the project, the use of low-cost transportation is also effective to optimise the cost effectiveness for the outbound logistics.

Goals of the Project Title -

The goals of the project title are as followed:

To achieve the cost optimisation of inbound and outbound logistics by receiving and delivering products at low cost
To increase the effectiveness of project by suggesting the cost effective supply chain activities
To enhance the effectiveness of distribution strategy of the organisation
To improve the relationship with the suppliers through establishing two-way collaboration.

References

Dornfeld, D. A. and Linke, B. S. (2012). Leveraging Technology for a Sustainable World. USA: Springer Science & Business Media.

Ross, D. F. (2015). Distribution Planning and Control: Managing in the Era of Supply Chain Management. USA: Springer.

Attachment:- Assignment Files.rar

Reference no: EM131452637

Questions Cloud

Discuss three characteristics of your vision of a scientist : Science in the Media-Discuss at least three characteristics of your vision of a scientist. Which famous people or characters from the media come into your mind?

Relation to the goal of cutting poverty in half : What are the millennium development goals? How much success has been achieved in relation to the goal of cutting poverty in half?

Define the gear ratio : The positioning table for a component insertion machine uses a stepping motor and lead-screw mechanism.

What will earnings after taxes be : If long-term financing is perfectly matched with long-term asset needs and same is true of short-term financing, what will earnings after taxes be?

Project - inbound and outbound logistics cost optimisation : PROJECT - Inbound and Outbound Logistics Cost Optimisation. To enhance the effectiveness of distribution strategy of the organisation

Demand analysis is most likely to be conducted by company : A demand analysis is most likely to be conducted by a company seeking to:

Example of a secondary data source : Which of the following is an example of a secondary data source?

Statements best describes descriptive research : Which of the following statements best describes descriptive research?

What is the present value of the expected dividends : what is the present value of the expected dividends for Scotts Dairy? what is the expected return?

Reviews

len1452637

4/6/2017 4:33:32 AM

Based on the one page summary you guys did. This is to complete the whole project. Minimum 7 pages, don't counting the appendices. Summary is attached (A single page summary of this Project Title and project goals of the project Title: Inbound and outbound Logistics Cost Optimization - This was on which 1 page summary was done).

Write a Review

Required(*) Message

User Account

All Pages