Advanced Logistics: A Reflective Essay in Business Perspectives - Essay Sample

Introduction

Advanced logistics aid organizations and businesses in the management of both forward and reverse logistics. The logistics include different hazardous and non-hazardous things or products. Some of the products include recyclable materials, renewable products, waste materials, new products, goods, and equipment. As such, the paper is based on a reflective essay within the domain of advanced business logistics. It will address different topics from a reflective perspective covered within four weeks. The topics get based on the traits of the best supply chain, process management, strategic sourcing, and logistic execution.

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Traits of Best Supply Chains

Week one lessons defined supply chains as networks that exist between the business entities and their suppliers in a bid of producing and distributing particular products to the final buyer. The networks include different people, activities, information, entities, and resources (Poirier et al., 2010). Some of the key issues I learned from the topics were about the best supply chains having traits that focus on flexibility, proactive utilization of big data, and inventory optimization. Other traits that the best supply chain must also possess to get based on sustainability and customization (Get.Smarter.com, 2015). The topic was impactful, I was able to learn how to avoid being a victim of inexcusable rigidity, problems of inefficiencies, and failure to realize the growing demands that come with the customers’ preferences (Poirier et al., 2010).

Process Management

Process management, a topic discussed under week two, refers to the organizational discipline that offers resources and tools needed in the definition, optimization, analyzation, and monitoring for control on business processes (Daniel, 2015). It is also essential in driving and measuring the performance of interdependent business activities and processes (Daniel, 2015). As such, the topic is not only impactful to me but also other people within the business domain in their vital undertakings (Daniel, 2015). It also gave an insight into how businesses can combine new behaviors and technology in developing solutions (Daniel, 2015).

Strategic Sourcing and Logistics Execution

Strategic sourcing gets regarded as an approach within supply chain management that ensures the formalization of how information is acquired and used. The acquisition and use of information are to aid the business or organization utilize the consolidated purchasing ability in finding the possible market price. It also allows the business to align its purchasing strategy with the business objectives (Poirier et al., 2010). As such, it was insightful that it allows one to make an informed decision in business. It will also contribute to the development of adaptable systems in business that can realize the overall aestheticism in business functions.

Logistics execution gets noted as a primary component within the spectra of supply chain management. It gives a business administrator the authority of management. The topic was equally impactful based on how it elucidated on how business information and processes are managed and dissociated from raw materials from finished items (University of Michigan Transportation Services, 2015).

Conclusion

In summary, the four topics formed an essential area within advanced business logistics’ discourse. They also touched on supply chain management and how it is connected to the formalized and acquired information. Much discussion also touched on process management, traits of best supply chains, and logistic execution, as noted herein.

References

Daniel, F. (2015). Supply Chain Innovation.

Get.Smarter.com. (2015). What Is a Supply Chain?

Poirier, Charles C. & Quinn, Francis J. & Swink, Morgan L. (2010). Diagnosing Greatness. Ten Traits of the Best Supply Chains.

University of Michigan Transportation Services. (2015). What Is Strategic Sourcing?