A study on challenges facing the warehousing and distribution industry

Nowadays, the key element in logistics chain is the transportation system, which inter-connects activities involved in warehouse and distribution industry. However, in the meantime, the increasing fuel cost is becoming a challenge to the warehousing and distribution industry. To gain a competitive a...

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Bibliographic Details
Main Author: Bao, Wei
Other Authors: Lum Kit Meng
Format: Final Year Project
Language:English
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10356/49208
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Institution: Nanyang Technological University
Language: English
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Summary:Nowadays, the key element in logistics chain is the transportation system, which inter-connects activities involved in warehouse and distribution industry. However, in the meantime, the increasing fuel cost is becoming a challenge to the warehousing and distribution industry. To gain a competitive advantage over their rivals, logistic companies should be able to find a better tradeoff between driving down the cost and adding value to customers’ satisfaction. The increase in fuel cost certainly distorts the original tradeoff balance and needs the companies to re-construct their strategies or find ways to minimize the impact on the transportation cost.