Internatioanl Logistics - Monitoring Essay Example | Topics and Well Written Essays - 1000 words

Internatioanl Logistics - Monitoring - Essay ExampleInternational providers more so should be monitored with a not of forwardness considering the distance that may separate the two businesses and the logistics involved in making cross border transactions. The importance of monitoring supplier activities is to ensure the measurely catching and correction of faults that may arise in the course of doing business. Based on the performance of the supplier, the business is in a better position to make estimable and timely decisions and so avoid unpleasant surprises. The monitoring of performance and identification of argonas likely to be faced with problems can improve the efficiency of a fork up chain. Efficient supplier monitoring also involves aspects such as apostrophizes, quality, performance assessment, social responsibility, timeliness of deliveries as well as business-supplier relationship. For efficient international supplier monitoring, there is need for the use of real-tim e information, visiting steady reaction sites, accurate reports of situation and constant client accessibility. These monitoring service help in resource optimization, review of supplier achievement as well as future decision making. Cost control One of the key factors that determine the advantage of a business is cost of suppliers. As the organization does business with an international supplier, it really needs to closely monitor global trends in the cost of colligate products, foreign exchange rates and airfreight costs. The business needs to get updated with packaging, transport, and unloading related costs. Transportation cost is a core issue in the cost of logistics. For this reason continuous monitoring of transport activities is a major concern of businesses. In monitoring transportation, the company may consider monitored related risks in toll of delay risk and safety. Delay risk involves the use of departure, transfer and destination points as well as real time data an d transport time as inputs in calculating and warning of a delay. However with the improved technology there are better methods of monitoring logistic information. Essentially, the suppliers costs of packaging, transportation and unloading should be reasonable and sensitive to the needs of the business. Relationship with Supplier An organization needs to maintain a good relationship with its suppliers. Establishing and maintaining positive relationships leave in effect financially benefit both parties. The company has its responsibilities when it comes to dealing with suppliers such as making prompt payments and promptly submitting complaints and claims in the event of damages. In order to maintain a positive relationship with international suppliers, the business may consider meeting their contacts face to face with an aim of seeing how their activities are carried out as noted by Business connection (2011). The suppliers should also be contacted regularly and updated with strateg ic changes promptly so that they may also correct to such changes. Better deals may come in the way of the business if it maintains a healthy rapport with a supplier and becomes one of its important customers (Business Link 2011). Quality control The products and services that suppliers provide to a business greatly impacts its performance in the market. This being the case, the business should ensure that its suppliers deliver quality services and products. Monitoring the