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Importance if Third Party Logistics Essay

Assignment id 1000983
Discipline Writing
Assignment type Essay
Words 2880
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Executive Summary The performance of the logistics system has a major effect on cost structures, revenues, support quality, and legitimacy in Australian industry. Logistics actions have been growing rapidly in response to changes like globalization, overall business restructuring, new manufacturing processes, and technological advances. Many companies, government agencies and joint industry/government bodies are creating programs to improve logistics operation in Australia. The centers include the Freight Transport Logistics Industry Action Agenda. This report develops a wide framework for analyzing logistics tasks in Australia. This report may also look at the significance of Third Party Logistics into the Australian organization. We will also look at the emergence of this 3PL in Australia and also what advantages do the businesses get by embracing the 3PL. The most significant source chain trend that is affecting business in Australia. Intro Ever rising competition in today’s international economies, launch of new products with shorter lifecycles, faster dissemination and proliferation of information and increased expectations of customers have forced businesses to invest in, and also focus attention on, entire supply chains. Now, some organizations are extending their reach outside of standard supply chain bounds to engage in activities that move beyond their own sphere of control. To do this, they innovate competitive networks of businesses to develop and access supply chain capabilities for those organisations which are a part of these value-adding networks. The range of this research report covers aspects which range from in-house logistics, and with a concentration on productivity, cost-savings and functional excell...

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