Ports enhance economic development as they enable trade and support supply chains. Port investments have economic benefits that can be directed to the planning of capital projects to enhance a nations economy. Port performance is formed by three interconnected components; efficiency, effectiveness resilience. The improvement of a seaports performance is a sequence with gradual development from one extreme to another. Seaports play a very important role-playing in world trade. Efficient port...
The best way to minimize transportation cost is providing a good customer experience for cargo owners and trading patterns. In this case, business tycoons try to create a consortium of buyers to purchase the necessary logistics supplies at a lower cost due to buying in larger quantities through invitation of suppliers with a structure agenda at their facility. Key areas where cost can be reduced in transportation of cargo are consolidation, investment in technology and collaboration with carg...
ABSTRACT Although there is widespread recognition of the potential of ports as logistics centers, widely accepted performance measurements for such centers are yet to be developed. The essence of logistics management is an integrative approach to the interaction of different processes and functions within the port extended to a network of organizations for the purpose of cost reduction and customer satisfaction. The logistics approach often adopts a concept, “value-added service” betwe...
Seaport play a very important role in world trade. Efficient ports are known to be the key source of rising integration of global economy. In this paper we shall consider these institutional aspects of improving seaport performance under three convenient headings: 1. Operation. 2. Maintenance. 3. Safety.
Abstract: This book explains innovation in the maritime logistics industry. In the literature review if this book, "A logistics approach to sea port efficiency; case study Tema port" more approaches, innovation are discussed.
Abstact: This book give a detail explaination of innovations in the logistics sector. Key innovation being, "STRATEGIES FOR MINIMIZING SUPPLY CHAIN LOGISTICS COST".
