Friday, July 26, 2019

Introduction to Transportation Management Questions Assignment

Introduction to Transportation Management Questions - Assignment Example The key focus revolves around the formulation and adoption of strategic plans that aim to define transport logistics requirements for the firm, identify ways and means in which these requirements can be met most effectively and optimizing business processes to ensure cost effective means of procurement and delivery of goods (Deloitte, 2011). Logistics decisions are based on the operational requirements and the overall focus of the management is on creating and adopting a high value oriented solution that is cost effective and reliable. The key aspects considered in this process are reliability of choices, accuracy of information available at the time of transit of goods, and the time required for transit. Transportation activities can be made more effective and efficient through the use of information systems that help in tracking the movement of goods. Firms can leverage their transportation activity and develop it as an internal competency that can contribute to competitive advantage through adequate focus on optimized supply chain process and effective information systems that can help in efficient decision making (Coyle et al., 2011). Transportation project planning is the process by which state governing agencies monitor and address the demand for movement of goods, commodity and people in the region. Various transportation alternatives are considered and implemented based on the requirements analysis. One of the key aspects behind the rampant adoption of project planning activities in the transportation segment in US economy is the role it plays in developing existing transport alternatives and establishing more efficient systems that can cater to the growing demands from various sectors of the economy. Growth in trading activities and economic requirements has placed intense pressure on governance bodies to develop infrastructural facilities (Coyle et al., 2011). Moreover, investment in developing transportation

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.