XYZ Company Logistics Plan

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XYZ Company Logistics Plan Executive Summary XYZ Company sources materials from the vendors and processes them into finished products for customers. It procures the inventory items across many regions in the world using a network of suppliers. The products sold to the customers include electrical appliances, such as kettles, iron boxes, electrical heaters, among other products. As the Vice President of the XYZ Company, I will develop the logistics business plan that will see the company realize its overall supply chain, logistics, and company objectives and goals. The plan will identify the inventory strategies, logistics goals, location strategies, and transportation strategies, which will be applied to achieve the set goals. Logistics Goals The business will aim at achieving several logistics goals with the focus placed on the customers’ requirements and needs. The company aims at achieving logistics efficiency. The logistics efficiency will encompass reduced warehousing costs, transportation costs, order processing overheads, inventory costs, and other overheads (Clesi 1). The goal will be achieved through various methods. Enhancing the warehouse activities and processes, layout and design, and flow will contribute to the logistics efficiency. This will be realized by operating closely with the transportation service provider and developing a two-way association with the logistics players to exchange the emerging issues, best practices, and openings. The company will also achieve the objective by requiring the vendor delivering value-added service, including marking, packaging, and quality checks (Harris 1). This will improve the risk of mistakes and errors observed

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