global business

Running Header : Global Business

The Physical Internet

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College /University

FedEx compares itself to the internet . The company represents the internet concretely , such that it exhibits the efficient flow of information . Freights that come from all over the world are carried by FedEx planes to the UPS port correspond to information in the internet broken down to data bytes . Upon arrival at Louisville , the sorting of freights commences through the substantial information existing when freight barcodes are scanned at the port . When freights are scanned and sorted depending on

zip codes , FedEx deliver trucks get ready to deliver the goods to each destination . With the complex and diverse kinds of freights being flown around the world each day , FedEx has even topped the internet as a global hub of information processing as freights are not limited to just messages , but large and unimaginable kinds of freights such as fresh flowers , lobsters , and even whales

Opportunities and Prospects

Although FedEx is at its height of success , changes in the business arena , such as the influence of globalizations is forcing the company to look for opportunities for expansion and for added customer and network value

Focusing on logistics and the advancements that it can provide through the internet and the employment of supply chain management are ways to obtain competitive advantage . At present , logistics is at the heart of all business successes in the world . Making plans in to ensure that everything goes well from pre-planning to post-production , for instance , provides a measure for predicting the chances of failures or successes in the businesses

Supply chain management is a strategic technique in businesses , which looks over the entire process of the business in to generate more revenue while maintaining and still improving the goods , and services that the company provides . For FedEx , supply chain management involves obtaining raw materials for the production phase , administering operations , talking to clients , and everything involved in the business process . FedEx should adapt to the trend of supply chain management through implementation and the modification of their supply chain for strategic purposes . We have seen it happen to big companies . Dell has started remodeling their supply chain in to obtain direct buyers from the internet and eliminate competing revenue holders such as licensed distributors and retailers of Dell computer units . The company saw outsourcing as a way to hasten production and supply the growing demand for their goods . The problem is how to keep up with the need for speedy export and import processing

These changes in business trends , such as the need for supply chain management , have become an opportunity for FedEx to expand its reach and delve into the hectic and fast-paced world of outsourcing . Like , Dell large companies such as Cisco , Zara , Procter Gamble , etc . are looking into outsourcing as the future success of their businesses . With more and more raw and production materials being shipped from one country to another , and back again , FedEx is given the opportunity to provide...