Maritime Logistics at Hitachi Transport System Company Essay

Maritime Logistics at Hitachi Transport System Company - Essay ExampleAccording to the paper supply chain prudence encompasses bringing together business operations through coordinated activities to ensure that there is flow of gossip from supplies to manufacturers till goods and services reaches to the final consumer. Therefore, this assessment focuses on providing a sharp insight on the formulas of triad party logistics, advantages and disadvantages of third party logistics and suggested improvement that could be implemented at Hitachi Company(selected company for assessment) to make marine logistics more effective and efficient. From this paper it is clear tha in above connection, logistic providers have realized that entropy engineering science is a key to success. Therefore, logistic leaders and information technology executive are expect to implement the following six principles. The principle of mechanisation to increase business profitability, the principle of leverage technology, the principle of configured solutions, the principle of collaboration with all stakeholders, the principle of measures for improvement and the principle of delivering truth version. The principle of automation entails implementing computerized systems that can perform complex task and allow employees to focus on customer. The principle of leverage technology focuses at preventing time wastage and speed up time to the market.