CONTINUES PAPER FOR WRITER ID 70138- LOGISTIC AND SUPPLY CHAIN Essay

CONTINUES PAPER FOR author ID 70138- LOGISTIC AND SUPPLY CHAIN - Essay ExampleWith the advent of time and change magnitude trend of globalization across the adult male, the trade barriers are fading out and favourable trade policies are promoting fast and affectionate exchange of goods and services (European Commission, 2010). Due to globalisation, all communication procedures have also increased their pace and this world is now considered a global village which has no boundaries or barriers of communication present. Globalisation has also increased the level of competition amongst firms, and all businesses strive in one way or the other to understand a strong competitive edge.The latest trend in the market is creation of an integrated logistics and publish chain infrastructure that is supported by the technologically advanced trunks such as SAP, Enterprise imaging Planning (ERP), E-Retailing, Radio Frequency Identification (RFID) and many more (European Logistics Report, 201 2). All leading corporations that are direct on an international level have ensured that they have a well-coordinated Supply Chain Management and Logistics system that will employ the best systems for procurement, warehousing, inventory management, storage and inbound and outbound logistics (Johnson & Turner, 2006). A dogmatic logistics and generate chain management system ensures that products are manu itemured according to the requirements and in a systematic modality as well. In high demand seasons, if the supply chain is running in a systematic mode, the organisation can successfully meet its demands without any loop holes or any compromises in quality. This reflects upon the fact that a proper and systematic supply chain management system can prove to be highly advantageous for the organisation.In order to gain competitive edge in the market oddly in the European market, the logistics and supply chain system has to be developed after exploiting all addressable options so that the