Essays on Transportation Costs

Answer to Q1

Factors that can affect the strategic sourcing are political, legal, and cultural differences between the countries. They may also have to manage problems such as transportation, lack of capacity or technology, and weakness in management systems. Other factors include having to deal with customs, trade regulations, and language barriers. There is also a risk of leakage of confidential information due to which the competitive advantage of the companies is reduced. Due to global sourcing from different suppliers, international logistics is an issue. As the sourcing is from manufacturers from Asian countries and the distribution centers are elsewhere, the problem ...

Introduction

Practical use of inventory management is among the aspects at the core of the supply chain management success. The management of different inventories such as raw material, finished goods, partner inventories, work—in the process, among others rests at the demand and supply intersection. However, the inventory management perhaps has the long way to go. The relationship between the inventory management and the corporate cash flow generation was understood recently and has currently received a broad interest level (Dekker et al., 2013). Now, firms can use supply chain to improve business performance by using the supply chain to generate ...

IKEA Company: Is the Company Success Sustainable?

Report

Abstract IKEA today is more than a company, it is a community of highly motivated people who share the company’s values, mission, and goals. Being one of the global leaders in the sphere of household goods production, IKEA adheres to the proactive position in environmental and social issues justifying the branded idea of creating a more sustainable home life. In this paper, the sustainability factors affecting the success of the company on the international arena are analyzed. IKEA presented an unrivaled consistency in the realization of various ecological and social projects, in cooperation with suppliers and partners ...