Individual-Assignment(1) - VIETNAM MARITIME UNIVERSITY...

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VIETNAM MARITIME UNIVERSITY INTERNATIONAL SCHOOL OF EDUCATION INDIVIDUAL ASSIGMENT COURSE: LOGISTICS CASE ANALYSIS Professor: Chandra Lalwani Name of student: Pham Quang Minh Class: IBL0401 Student ID: 49844 Words: 3000 words Hai Phong, May 2017
TABLE OF CONTENTS INTRODUCTION ........................................................................................................................................... 5 PART 1: THE RECENT TRENDS IN LOGISTICS AND SUPPLY CHAIN MANAGEMENT AND OPERATION ............ 6 1. The recent trends in logistics ........................................................................................................... 6 1.1 Real-time inventory management ............................................................................................ 6 1.2 Transportation rates will increase ............................................................................................ 6 1.3 Collaborative relationships ...................................................................................................... 6 1.4 Sustainability ........................................................................................................................... 7 2. The recent trends in supply chain management ............................................................................... 7 2.1 Demand Planning Begins at the End of the Cycle .................................................................... 7 2.2 Globalization ........................................................................................................................... 7 2.3 Increased Competition and Price Pressures .................................................................................. 8 2.4 Outsourcing ................................................................................................................................. 8 2.5 Shortened and More Complex Product Life Cycles ..................................................................... 8 2.6 Collaboration between Stakeholders in the Extended Supply Chain ............................................ 8 3. The recent trends in operations ........................................................................................................ 9 3.1 Flexibility ................................................................................................................................ 9 3.2 Time Reduction ........................................................................................................................ 9 3.3 Employee involvement ................................................................................................................ 9 3.4 Just in time production ............................................................................................................... 10 Part 2: Discuss issues and challenges in logistics operations in Vietnam and ASEAN region ..................... 11 1. Lengthy Customs Processes ........................................................................................................... 12 2. Inadequacy of Transport Infrastructure ......................................................................................... 12 3. Limited corporate capability .......................................................................................................... 13 4. Low level of technology ................................................................................................................. 14 5. Cost ................................................................................................................................................ 14 6. After the US out of the TPP ............................................................................................................ 14 Part 3: Strategies to improve the logistics operations and performance in Vietnam ................................. 15 1. Alliance strategy among shipping lines .......................................................................................... 15 2. Implement strategic information technology in logistics ............................................................... 15 3. Build the new Dedicated Container Terminal (DTC) ....................................................................... 15 CONCLUSION ............................................................................................................................................. 17
INTRODUCTION There has been consensus that logistics as well as supply chain management is a vital research field. My analysis sets out to propose some hot issues in the current research, through a review of related literature from the perspective of operations management. Organizations adopt numerous business improvement methodologies to improve business performance. Logistics as well as supply chain management has been regarded to be the crucial factor for the companies to obtain competitive edge. In fact, yet conceptually the management of supply chains is not particularly well understood. In this assignment, I will provide a research of operations management of logistics and supply chain. I first clarify the conception of logistics and supply chain management in this assignment, which defines the scope of my related research papers. The core of this assignment is that i provide several hot issues in this field with examples from industry. Finally, we conclude the paper with the insights obtained from our analysis and future study directions in this field.
PART 1: THE RECENT TRENDS IN LOGISTICS AND SUPPLY CHAIN MANAGEMENT AND OPERATION 1. The recent trends in logistics Logistics is the process of planning, implementing, and controlling procedures for the efficient and effective transportation and storage of goods, including services and related information, from the point of origin to the point of consumption. The goal of logistics is to successfully meet customer requirements.

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