china tourism-global logistics and supply chain

Running Head: Supply Chain Management
Supply Chain Management
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Contents
Overview of the business selected    3
Strategic tangible assets of a firm    3
The value chain    4
Harmonize the value chain to achieve strategic outcomes.    5
Fundamentals of operations management and the seamless integration between inbound logistics, operations, outbound logistics and the customer    6
Supply chain management from source to customer    7
DHL Supply Chain management and LB5230 theories    8
Sustainability throughout the supply chain    10
Conclusion    11
References    11
Overview of the business selected
DHL Express is a division of German logistics business Deutsche Post DHL located in China, which provides global express delivery, parcel moreover courier service in China. The Deutsche Post DHL is the world's leading logistics business, operating globally, especially for shipping and also airmail. The DHL supply chain is part of the DPDHL Group's €56.6 billion and is the world's leading contract logistics provider. Combining value-added and managed services with traditional fulfilment and distribution, our customized integrated logistics solutions increase efficiency, improve quality and create competitive advantage. The DHL China supply chain provides professional, proven expertise in the automotive, customer products, chemicals, engineering, energy and life sciences, manufacturing and healthcare, retail or technology sector. With today's global marketplace, our innovative logistics solutions are ready to help.
Strategic tangible assets of a firm
Tangible commercial assets vary from DHL to different company because each company needs to operate a property that is inconsistent. But, tangible industry assets are usually divided into two broad categories: fixed or existing. A liquidity asset is the DHL's existing assets, with flexibility, and companies can be fairly simply liquidated, for example, funds in commercial bank accounts. Inventory is the best sample of present assets. Liquid assets usually do not depreciate. The Fixed asset is just an opposite. They are more difficult to liquidate as well as usually depreciate. The examples in these categories include the businesses buildings, land, machinery or furniture also (Francl, 2013).
Accounting: The Members of DHL economics, as well as accounting groups, treat tangible asset specifically. They separate tangible assets from several tangible assets in the balance sheet or other documents, generally under the headings “Factory or Equipment” and “Factory, Property or Types of equipment”. They will study whether tangible assets are present assets and fixed. For the current assets, they assign the cost of asset to the year DHL purchase the asset (Giese & Trockel, 2011). For a fixed asset, they allocate asset costs for the life of an asset and contribute to the business operation.
Traits: One characteristic of tangible industry assets is that it can be controlled by the enterprise. Associated with these features, the second feature is an event that provides control of DHL in the past. The Tangible industry assets may help companies provide service and contribute to the company's cash flows. They usually don't sell. Since tangible commercial assets are physical, the ultimate feature is that they always have the possibility of being lost, stolen or otherwise damaged (Greco, Cricelli & Grimaldi, 2013).
Significance: A tangible asset is significant to business because they always represent the majority of a company's value (Campello & Giambona, 2010). When business may prove this value with high-quality documentation, these assets may be used as collateral for the loan, making it simpler for DHL to obtain financing needed to continue operation. Even if the underwriting policies prevent the utilize of sure tangible assets as collateral, companies can still utilize tangible assets to provided services or product as well as achieve industry goals furthermore objectives (Holweg & Helo, 2014).
The value chain
Regardless of the business, DHL believes that time, skills and knowledge should focus on what to do best without diverting difficult supply chain issues. For the best results, DHL offers a comprehensive range of powerful solutions and services that maximize the benefits of some or all of your logistics outsourcing (Holweg & Hello, 2014).
Harmonize the value chain to achieve strategic outcomes.
The quantity of practicality ensures the number of correct products that can meet the demand. Supply chain managers must combine usage plans, forecasts, and inventory to achieve quantitative utility.
Supply chain performance measurement
Performance appraisals are defined as the procedure of quantifying effectiveness as well as the efficiency of actions. Effectiveness is the degree to which the client’s needs are met on the other hand; efficiency measure how DHL financial resources are utilized to make sure that the customer's predetermined satisfactions are achieved. Only when they can measure and use numbers, they will say what they know and a good background (Iqbal & Shalij, 2016). Strategies to achieve flexibility in the context of value chains do have different goals. First, outsourcing can help companies cope with changes in capacity utilization in a cost-effective manner. In order to be able to use suppliers or service providers to meet excess demand or to handle volatile production, it is possible to reduce fixed costs and save overtime for internal labor. The motivation or impact of...