Wednesday, September 11, 2019

Maritime Logistics Essay Example | Topics and Well Written Essays - 2000 words

Maritime Logistics - Essay Example The second chapter deals exclusively on the group’s supply chain by analysing the process and practices with key supply chain issues that affect the top and bottom line of the company. It also discusses about the drivers that maintain the group’s competitiveness in three key dimensions such as – quality, cost and time. The subsequent chapter explains about the realm of maritime logistics delving deep into how the maritime process can be seamlessly integrated into the logistic and supply chain system of a business. At the end it discusses how the group can leverage on maritime logistics and minimise certain endemic supply-chain issues such as the bullwhip effect. The ArcelorMittal, the world’s number one steel company with over 32000 employeesi and presence in over 60 countries and is a truly global steel maker. It is a market leader in all the global steel markets such as automotive, construction, household appliances and packaging. The group holds sizable captive supplies of raw materials and operates a huge distribution network throughout the globeii. With revenue of $124.9 billion and crude steel production of 103.3 million tonnes, it represents almost 10 percent of the global steel outputiii. ArcelorMittal’s chief operations include providing ‘steel solutions and services’. The group operates in more than 500 centres and 32 countries, providing to approximately 200,000 customers a full portfolio of flat and long products, tubes and stainless steel; adding value through further processing and providing technical, engineering and consultancy supportiv. A detailed list of products is placed at the appendix to this reportv. The group through its integrated business model operates in the entire hierarchy of the business from mining and sourcing of raw materials to managing a mammoth mobilisation network that transports the raw materials to the factory location, followed by designing and manufacturing

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