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About Modes of Transportation in Supply Chain
There are 4 main modes of transportation for supply chains: ship, rail, truck, and airplane. Ships and rail are most cost efficient but slowest, while airplanes are very fast but most expensive. Trucks offer flexibility but have fluctuating fuel costs. Managers must design optimal transportation routes based on these factors and facility locations. A supply chain connects all activities through information sharing. The more accurate and timely the information, the better decisions each company can make. A supply chain has producers, distributors, retailers, customers, and supporting service providers. Companies must align their supply chain strategies with their business goals to effectively serve different customer markets needing responsiveness versus efficiency.
Detailed Information
| Author: | ['JEROME PARFAN'] |
|---|---|
| Publication Year: | 2021 |
| Pages: | 4 |
| Language: | English |
| Format: | |
| Price: | FREE |
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