The paper "The Changing Nature of Markets, Technological Advances" is an outstanding example of management coursework. With globalisation taking place the world has become a small place. Today, there is intense competition. People have a lot of options. This is making companies be more aggressive and at the same time see that customer are satisfied. One of the most important things companies are working is on improving their logistics. This will ensure a timely delivery. Since there are a lot many options so having this in place is very important. It is more important is the education sector.
With varied education facility available this has become more competitive. Today, students are provided both on the site and of the site training. Even the use of the internet has increased. This is making new technologies come up. Here, the students have the advantage of studying is any place they feel like and also on their convenience. Logistics so has gained valve. “ Effective logistics help to manage the effectiveness of the supply chain and deliver the correct product at the right time” . (Krishna, 2007) Logistics in the education sector is a distinct field and companies are working to improve it.
For the education sector, “ both the buy-side and supply-side plays a crucial role” . (Krishna, 2007) The process followed by the education sector for the books is vendor based. Here, “ the books are delivered by the vendor to the universities after the demand for books have been placed i. e. books are delivered after receiving the customer order” . (ICFAI, 2007) Here, “ vendor inventory management works and books are delivered only after orders have been placed” . (ICFAI, 2007) The process resembles as above.
“ Here the vendor after receiving the order process it and then ships the product so that the books reach the university at the correct time so that there are utility and timely delivery of books” . (Nagporewalla, 2007) With the increased use of “ e-commerce learning has changed as people have more access to the internet and the penetration level is also high” . (Sinha, 2009) This has made books available to people at a place of their convenience. This has made the logistics simpler as there are many forms in which this is available to the public.
“ People can use e-books at any time as every person who has purchased one downloads it from the companies’ site and can use it at their convenience” . (Sinha, 2009) Education institutes are also working on providing materials to students to read at places they find comfortable. This is that “ universities have gone online and students can access their materials and books from any place” . (Chen, 2009) This has led to timely delivery. Students have a better learning experience. Even research shows “ public library usage has increased with libraries becoming more technology savvy’ .
(Chen, 2009) With electronic reading availability “ customization has gained importance” . (Roberto, Charles & Qiao, 2007) Companies look to “ deliver products as per the customer wants which has led to a new type of retailing in the education sector” . (Roberto, Charles & Qiao, 2007) New providers line Amazon is an example. This is making “ easier for a customer and then there is more timely delivery of goods” . (Roberto, Charles & Qiao, 2007)
Chen C, 2009, “The delivery of library materials to end users”, Electronic Journal of Academic and special librarianship, Volume 10, issue 1, Taiwan
Delfmann W, Albers S & Martin G, 2002, “The impact of electronic commerce on logistic service provider”, “International Journal of Physical distribution and logistics service provider”, Volume 32, Issue 3
Economic commission for Europe, 2009, “Supply chain and logistics implications for transport”, Europe
Gray R & Khalid B, 2006, “a logistic and and supply chain approach to efficiency”, Research methodology in supply chain management, Part 4
Kim J, Ming X, Allenby B & Williams E, 2008, “designing and accessing a sustainable delivery system”, American chemical society, Arizona
Krishna J, 2007, “The ICFAI University Press on Supply Chain Management”, ICFAI, India
Janos K, 2002, “running logistics process of transportation”, University of Technical and Economic Studies, Budapest
Nagporewalla Y, 2007, “Skill gaps in the Indian Logistics sector”, KPMG report, Confederation of Indian Industry, India
Roberto F, Charles M & Qiao G, 2007, “Process control and logistics management for mass customization manufacturing, USA
Rushton, Oxley & Baker, 2006, “Handbook of logistics and distribution management”, 3rd edition, management business book
Sinha A, 2009, “The future of book retailing”, India