A study on challenges facing the warehousing and distribution industry

• Main Author: Bao, Wei
• Other Authors: Lum Kit Meng
• Format: Final Year Project
• Language: English
• Published: 2012
• Subjects: DRNTU::Engineering::Maritime studies::Maritime management and business
• Online Access: http://hdl.handle.net/10356/49208
• Institution: Nanyang Technological University

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.