Thursday, October 17, 2019

Supply Chain and Logistics in Fedex Research Paper

Supply Chain and Logistics in Fedex - Research Paper Example Shipping business, however, is a field of shift competition. The various means of shipment and the complexities involved in the process are highly challenging. It is further intricate, as the pricing strategy involves companies that guide price in one form of shipment such as ground and pursue in another form of shipment for instance international delivery. This study comprises different sections such as introduction, distribution system in FedEx, their strategies, process of time, cost, flexibility and quality assurance. The present process structure in terms of inventory, information, transportation, and Location, current structure, problems and weaknesses in the current process and how the method should be restructured to enlarge these capabilities etc have also been evaluated in the papers. Lastly it analyzes the implementation of the changes with company. Introduction: Supply Chain Management (SCM) entails a combination of processes, right from the arrival of raw materials at th e manufacture unit and ends when the finished commodities reach the hands of the users. FedEx is a supply chain management company that offers fastest courier services all over the world on a daily basis. â€Å"FedEx Corporation (FedEx), incorporated on October 2, 1997, is a holding company. The Company provides a portfolio of transportation, e-commerce and business services under the FedEx brand. The Company operates in four segments: FedEx Express, FedEx Ground, FedEx Freight and FedEx Services† (FedEx Corp (FDX.N), n.d., para. 1). Logistic Management (LM) is the one of the main functions within SCM, which assists to arrange, carry out and coordinate forward and reverse run, storage space for goods, service and associated data from the start to the end point. The necessity for... The intention of this study is Supply Chain Management (SCM). It entails a combination of processes, right from the arrival of raw materials at the manufacture unit and ends when the finished commodities reach the hands of the users. FedEx is a supply chain management company that offers fastest courier services all over the world on a daily basis. â€Å"FedEx Corporation (FedEx), incorporated on October 2, 1997, is a holding company. The Company provides a portfolio of transportation, e-commerce and business services under the FedEx brand. The Company operates in four segments: FedEx Express, FedEx Ground, FedEx Freight and FedEx Services†. Logistic Management (LM) is the one of the main functions within SCM, which assists to arrange, carry out and coordinate forward and reverse run, storage space for goods, service and associated data from the start to the end point. The necessity for qualified SCM practitioners is increasing in all areas of trade and commerce, consisting of producing commodities and service segments. SCM includes everything from the primary stage to the end stage. Various elements involved in a supply chain processes are: customers, planning, purchasing, transportation, inventory and manufacture departments etc within an organization. Supply chain should be planned, appropriately equipped and operated to be efficient. A perfect supply chain requires the exercise of systematic and scientific utilization of resources. Supply chain management is the dynamic supervision of the supply chain actions with a view to extract full advantage of resources, achieving of the consumer standards and accomplishing competitive benefits.

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