PowerPoint Presentation Assignment | College Homework

Directions 1. Prepare a PowerPoint presentation based on your position paper. 2. PowerPoint presentation includes 8-10 slides. 3. The slides must contain: 1. Title page slide (include your name and title) 2. Your position statement 3. Both sides of the issue (based on credible evidence). 4. Salient issues 5. Summary of an opposing argument 6. Refutation of the opposing argument (based in fact, not emotion) 7. Your conclusion (backed-up by credible research/evidence) 8. Final slide is a Reference page that lists the 5 sources used in the paper.

LP05.1 Assignment

Bridjite Jones

LP05.1 Assignment: Position Paper

LP05.1 Assignment: Position Paper

Just like many sectors in the world today, the supply chain system is undergoing a dynamic shift. The need to keep up with the trends makes the sector device better way of ensuring efficient and faster performance. Companies are currently using their supply chain for the completion and market share gains. Therefore, companies’ use of supply chain systems has increased activity and spending in the sector. When a company excels in its supply chain, it is regarded as an excellent business strategy and one that increases customer value (AC07878333, (Ed.), 1998). Some of the supply chain trends include change of demand planning to begin at the end of the cycle, globalization, price pressures and increased competition, outsourcing, inculcating product life cycles that are complex, and ensuring stakeholder collaboration in the general supply chain (Speranza, 2018). All the trends are focusing on the close working of the companies involved and interconnectivity of processes.

As the world is turning to a global village, working with people overseas is greatly increased. The globalization trend works to connect people from various parts of the world to work as a unit. As internet facilitates the unbeatable efficiency in virtual global connectivity, air transportation provides the efficiency in physical connections (Beusen, Broekx, Denys, Beckx, Degraeuwe, Gijsbers, and Torfs, 2009). Air transport has a critical role to play in the creation of a healthy supply chain system.

Despite the challenge of the high cost that air freight has in transportation, it gives an important advantage, which is speed. Consumers expect fast delivery of goods, and that dictates the need for speed in the supply chain. The future of air transport in the supply chain system is one that other transport sectors need to watch out. Digitization of air transport is a step that the air freight services can use to gain in the supply chain sector and offer more options to the managers in the supply chain.

One of the factors that will propel air transport in the supply chain sector is the enhancement of visibility and data sharing in the air cargo carriers. There is a need for a supplier in air transport logistics to manage data on diverse areas. The carriers can share information with various protocols and sources. Sharing of the information will help in the provision of reporting and insights. Therefore data sharing in air cargos will guarantee ease in resolving issues, identification of demands, and flexibility in the supply chain (Button, 2017). Digitization of the air freight sector will also assist in reducing errors and doing away with manual rework.

When digitization of the air transport takes place, the delays and mistakes in the air freight supply chain will be greatly reduced. Automated billing and invoicing will also contribute to the development in the efficiency of air freight in supply chain. Real-time visibility of the air cargo freight will help track the movement of the goods (Park, Choi, and Zhang, 2009). Tracking will ensure security of the cargo. It will, therefore, be easier for the companies to manage shipments that are end-to-end regardless of their location.

Perhaps an important feature that air transport will offer to companies will be the accessibility to a global network. The accessibility will provide the flexibility needed in the supply chain. When the air transport is digitized, there will be a central digital platform. The platform will assist in the provision of information on services and constraints (Sales, 2013). The air transport carriers will be deeply connected with the logistics service providers. Therefore, the management of supply chain through air transport will be much easier, while the speed factor will also exacerbate the use of the means of transport due to consumer demand. Digitization in air transport will also allow for accurate forecasting and better management of the freight capacity. As earlier stated, the biggest challenge with air transport in the supply chain is the costs incurred. The future of air freight will aim to use machine learning and artificial intelligence in the prediction of overutilization and underutilization of the flights (Kenney and Dossani, 2006). Therefore, the prices will be set low for the companies and therefore making the transport means affordable and more competitive to other means. Further, an increase in the use of air freight services will make the airlines invest more in understanding the dynamics of the supply chain. More information about the goods will allow airlines to make accurate quoting and realistic pricing.

Trucking and maritime are the widely used modes of transport when it comes to supply chain. Since its start, air transport has depended on human travel. However, as globalization hits all sectors, air transport is slowly turning to be the most preferred means in supply chain. Above everything, modern-day consumers are most concerned about efficiency and speed. Airfreight proves to be the ultimate choice when a company considers efficiency and speed. The major challenge of air freight is the high cost of transportation.

Nonetheless, the future of air transport guarantees that the current obstacles in air freight will be conquered. Digitization of air freight is the answer to a smooth and efficient air transport system. Digitization of air freight services guarantees flexibility, accurate forecasting, reduced errors, visibility and data sharing, tracking, and cost reduction. Therefore, the future of air freight is a threat and will eclipse other modes of transport in the global supply chain.

References

AC07878333, A. (Ed.). (1998). International journal of logistics: research and applications. Taylor & Francis.

Beusen, B., Broekx, S., Denys, T., Beckx, C., Degraeuwe, B., Gijsbers, M., … & Torfs, R. (2009). Transportation Research Part D: Transport and Environment. Volume, 14, 514-520.

Button, K. (2017). Wings across Europe: towards an efficient European air transport system. Taylor & Francis.

Kenney, M., & Dossani, R. (2006). 11 Digitizing services. Sharmistha Bagchi-Sen is a Professor in the Department of Geography, University at Buffalo-State University of New York. Helen Lawton Smith is Reader in Management, School of Management and Organisational Psychology, Birkbeck, London University and a Distinguished Research Associate at the School of Geography, Oxford University., 136.

Park, Y., Choi, J. K., & Zhang, A. (2009). Evaluating competitiveness of air cargo express services. Transportation Research Part E: Logistics and Transportation Review, 45(2), 321-334.

Sales, M. (2013). The air logistics handbook: Air freight and the global supply chain. Routledge.

Speranza, M. G. (2018). Trends in transportation and logistics. European Journal of Operational Research, 264(3), 830-836.