Maritime Logistics at Hitachi Transport System Company Essay

Maritime Logistics at Hitachi Transport System Company - Essay Example According to the paper supply chain management encompasses bringing together business operations through coordinated activities to ensure that there is flow of input from supplies to manufacturers till goods and services reaches to the final consumer. Therefore, this assessment focuses on providing a sharp insight on the principles of third 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 maritime logistics more effective and efficient. From this paper it is clear tha in above connection, logistic providers have realized that information technology is a key to success. Therefore, logistic leaders and information technology executive are anticipated to implement the following six principles. The principle of automation to increase business profitability, the principle of leverage technology, the principle of configured solutions, the principle of collab oration 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.