Follow on Google News News By Tag Industry News News By Location Country(s) Industry News
Follow on Google News | Virtual Global Organisations: The Next Generation Logistics Service ProvidersThe need of the hour for smaller Logistics Service Providers (LSPs) is to go Global.Virtual global organization is presenting this opportunity to all logistics service providers.
By: Techno Brain Logistics is becoming an important growth industry in Africa with potentially lucrative opportunities for logistics providers, despite significant infrastructure challenges. Researchers and industry analysts state that, there is a huge amount of optimism from third-party logistics providers (3PLs) about the future of logistics markets across Africa, as economic growth is driving stronger consumer demand and creating higher market attractiveness for retailers and manufacturers alike. In fact, with many European majors setting shops in the region, Africa is being perceived as ‘the new Asia’. The pertinent issue over here is, how are the African Logistics players geared up to leverage the projected growth and overcome current obstacles like- Infrastructure ability, trade barriers to name a few. The need of the hour for smaller Logistics Service Providers (LSPs) is to go Global. When compared with MNCs, the local independent LSPs lose out on account of three factors- reach, ability to provide end-to-end supply chain visibility and ability to win and deliver large contracts. However, they also have price competitiveness, knowledge of local conditions/ practices & high flexibility to meet customer requirements. Virtual Global Organization Presenting the Opportunities "A virtual global organization is a network of independent companies -suppliers, customers, and even rivals - linked by information technology to share skills, costs, and access to one another's markets. This corporate model is fluid and flexible - a group of collaborators that unite to exploit a specific opportunity. Technology plays a central role in the development of the virtual global corporation." Virtual Global Organizations (VGO) can be created through strategic alliances and partnerships between an Origin LSP of one location/country and Destiny LSP of another location/country. Virtual Global Organisation Delivering Benefits to Partnering LSPs In a VGO reliable technology & communication infrastructure plays a critical role. Another critical success factor for VGOs is the establishment and maintenance of trust. Trust is established by the means of digital identities, certification, access control mechanisms, authentication, secure connection, reputation and inspection of the parties. Virtualization is the solution over all expensive, time consuming and other risky options of business growth. The success mantra of a successful transformation can come only from constant review of partnership performance. Reaching Out to the Global Markets Transforming into a Global company and competing with MNCs is now within the ambit of every small logistics player. Technology will play a major part in Globalizing Local LSPs. Creating virtual organization is the way forward for LSPs to truly turn “GLOCAL”. About Techno Brain Techno Brain, an ISO 9001:2008 certified and a CMMI Level 3 company, established in 1997 in Dar es Salaam, Tanzania, is a leading software development company with operations in Africa, Asia, USA, UAE and UK. Techno Brain is committed to deliver high quality, cost effective, off-the-shelf IT Solutions, IT Training, and BPO/ITES Services to Governments, NGOs, and Private Organizations across the globe. Techno Brain offers IT Solutions and Products in Identity Management, Enterprise Business, IT Consulting, IT Infrastructure, Managed Services and BI / DWH Practice Areas. Techno Brain’ For more information, visit: www.technobraingroup.com End
|
| ||||||||||||||||||||||||||||||||||||||||||||
Account Phone Number