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Discuss the economic impact of logistics
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My Interest in Supply Chain Management and Goals
As an Industrial Engineer with more than 15 years of work experience, I choose Supply Chain Management (SCM) because I believe that logistics is the most dynamic, vibrant, challenging, technology driven area, and the future of any big national and international companies. It will give me the opportunity to know behind the scene of improving the companies’ performance by using SCM tools. If I work in this field, I can get my answers and a chance to work in the market of raw material, purchasing, production, distribution, logistics, and final goods. After finishing two semesters in the College of Business at University of Houston Downtown (UHD), I am really passionate about it and want to gain my knowledge in the logistics sector, learn new techniques and skills, and seek new opportunities.
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To do that, ones need to have creative thinking, smart decision making, exposure to different faces of global business, and a variety of logistics related knowledge. These are the facts that I want to be in SCM which is not a division but a function of the successful company. Moreover, I find it very exciting and challenging because the Logistics sector is a fast growing sector in the world with non-stop as purchasing orders will not be delivered to customers safely on time without it while having the integration of information flow
...dustrial Distribution allows me to pursue my interests in both Business and Engineering, and therefore I chose that major. Also, it will help me to build my personal characteristics that will make me successful in this major. As my education continues, I look forward to learning how manufacturers and distributors maintain good communication and relations, so that the products can be distributed efficiently and avoid problems. If there are problems, I would also like to comprehend ways to solve those problems. In the future, I hope to work for a company such as Amazon, Dell, or Boeing in the field of logistics. These companies depend on logistics in planning and conducting their operations. Since logistics and relations between manufacturer and distributor are critical to the everyday operations of businesses, understanding this will help me in my future endeavors.
In high school, I was part of SkillsUSA, a national organization that heavily focused on Career and Technical Education for students in high school and in college. It was my junior year in high school and I had become fascinated with this organization. There are many types of competitions such as cosmetology or architecture and engineering where students can showcase their talents along with what they have learned in school. My range of skills allowed me to compete in different types of computer and leadership competitions. This led me to many different experiences that have greatly influenced my personality and have allowed me to learn that there are many important aspects to have a good character. Having won some competitions and lost others has given me experiences that allowed me to improve myself and to truly understand how some parts of our personality are important.
In order to succeed, managers have to realize that they cannot do it alone and they must work together on a daily basis with the whole organizations in their supply chains. Because supply chain management involves all functions within an organization, managers need to know what a supply chain is, why it is important, and the impact of supply chain management on the success and profitability of their organization. Today, Wal-Mart topped the list of the America’s biggest companies on the Fortune 500 list, “with sales of almost $345 billion — more than a quarter of a trillion dollars” (Forbs). Wal-Mart’s supply chain management is becoming recognized as a core competitive strategy.
Manhasset, 16-19 Hyland, T. (2002, Oct.). Logistics is not supply chain management. Transportation & Distribution. Cleveland, 32-35. Sapient: Modernizing Military Logistics: USMC case study, (n.d.)
Traditionally, marketing, distribution, planning, manufacturing, and the purchasing organizations along the supply chain operated independently. The objectives of these organizational divisions are always different and conflict with each other’s objectives. . Marketing puts a higher emphasis on high customer service and maximum sales dollars conflict with manufacturing and distribution goals. Many manufacturing operations are designed to maximize throughput and lower costs with little consideration for the impact on inventory levels and distribution capabilities. Purchasing contracts are often negotiated with very little information beyond historical buying patterns. The result of these factors is that there is not a single, integrated plan for the organization---there were as many plans as businesses. Clearly, there is a need for a mechanism through which these different functions can be integrated together. Supply chain management is a strategy through which such an integration can be achieved.
I am applying for the acceptance into the Doctor Business Administration program at Liberty University. My aspiration and love of learning has lead me to pursuit this next step. My desire is to develop and obtain a greater emphasis of researching management and leadership. A DBA will expand my knowledge of what I have already obtained through my MBA. Strong leadership skills sets are the highest and most prestigious aspects of both leadership and management. A DBA can help me to obtain my aspiration of becoming an executive leader. It can help promote my knowledge of the different areas of management and build new skills to apply and adapted to our changing world of business. My desire is to obtain full knowledge of long-term business
Before we start, we would like to briefly introduce the definitions of Supply Chain and Supply Chain Management (SCM).
Coyle, J., Langley, C., Gibson, B., Novack, R. and Bardi, E. (2008).Supply Chain Management: A Logistics Perspective. 8th ed. Cengage Learning, p.366.
In thinking about my interest in art and the idea of studying to be an art therapist, I realized that it all started as both a hobby and a skill when I was really young. I loved to draw my favorite superheroes, video game, Disney, and anime characters, films, and song artists while growing up. I also drew images based on observations from personal experiences or looking at picture books.
Growing up in Dayton, the son of a blue collar factory worker, I was repeatedly told that I was going to college so that I could get a job I looked forward to going to every morning. College was not about money, or climbing the social ladder, but about purpose.
Supply chain management has been defined as that process that involves the management of information, materials, and all the finances that are handled within and across the entire supply chain process (Christopher, 2016). The management is usually done through out the entire supply chain management from that moment when the suppliers are involved through all the manufacturing activities, different distribution activities, and the way that the products are served to the final product consumer (Turban, et al., 2002). The process also includes all the activities that different organizations offers to their customers as after sale services for purposes perfecting their services and products towards their highly valued customers (Christopher,
My job at TCS has exposed to the various nuances of Supply Chain Management and therefore, I feel I can add value to my profession through a pursuit of this course.
The traditional outlook of supply chain management only focused on delivery f goods to the customer at the cheapest price possible but the definitions of supply chain has been altered over time.The new supp...
“Logistic is the process of planning, implementing and controlling the efficient, effective flow of goods storage of goods, services and related information from the point of origin to the point of consumption for the purpose of conforming to customer requirements”
As an outcome of the thesis, my professional interest on the issue associated with the development of logistics sector has been enhanced. Furthermore, I am planning to keep an eye on the sector to enhance my knowledge which will benefit me and the organization I work for.