Thank you for joining us on the Principles of Global Logistics Management. We hope that you enjoyed your learning experience. This short course is the introductory two-week course of our …
Congratulations on completing the Principles of Global Logistics Management. This week, we have defined and explored the impact of globalisation on global distribution networks. We explored issues of trade-offs, outsourcing …
In the field of economics, tariff trade is a given. Without it, resources are not efficiently allocated, and nations do not grow, which in turn makes citizens richer from the …
Protectionism – or mercantilism – is the opposite idea to free trade and was noted by Smith (1789) as one of the reactions for the apparent overwhelming of foreign goods …
So far, we have looked at the growth of globalisation and how it has shaped global logistics as it is today – but what are the problems with globalisation and …
In the video, Nick Wright explains how demand for increasingly complex products is driving supply chains and complicating logistics distribution networks. The globalisation of supply chains and the rise of …
Since the growth of outsourcing and globalisation during the latter part of the 20th century, developed countries with established industrial bases have been exploiting the low labour rates and skill …
As we explored in the previous step, supply chains have become increasingly complicated, owing to the demand for complex problems. Relating this to freight, a distinct issue in global logistics …
Global distribution networks and supply chains are built around consumer products. Many of today’s desired products are technically complex and consist of multiple components, sourced globally. The phone in your …
Growing population is an important factor to consider when discussing what is shaping global logistics and globalisation generally. World population is due to hit over 9 billion by 2050, according …
So far, we’ve considered some of the key global forces affecting the global logistics market. We now consider the movement of international trade and its impact. You might be familiar …
When manufacturers and retailers realised the savings they could make by outsourcing to specialist logistics service providers, costs were initially high due to the lack of available logistics service providers …
Outsourcing has been a key factor in the growth of global logistics and globalisation. Classical outsourcing is the buying in of non-core activities, services or materials. Porter (1980) and Handy …
One of the most interesting aspects of demand for global brands is consumer’s expectation of lower costs and higher quality. The nature of individual self-interest in people is driving this. …
Another important trade-off in global distribution network design is the one between transport and inventory. In the video, Nick Wright provides an overview of the trade-offs between the two. If …