Seminar 1 Brekalo Flashcards
What is a logistics alliance?
A logistics alliance is a strategic partnership between supply chain entities, such as buyers, suppliers, third-party logistics providers, and customers, to improve logistics efficiency and performance.
Why are logistics alliances important?
They help companies reduce costs, respond flexibly to demand fluctuations, improve order fulfillment, and leverage expertise from logistics service providers.
What is the main challenge with logistics alliances?
Despite their benefits, nearly 70% of strategic alliances fail due to poor management, lack of coordination, and ineffective governance.
What is the Dynamic Capabilities Approach in logistics alliances?
It is a strategic management concept that helps companies continuously adapt, reconfigure, and improve their logistics alliance capabilities to achieve long-term success.
What are Logistics Alliance Management Capabilities (LAMC)?
LAMC are the skills and processes companies need to manage logistics alliances effectively, including alliance design, coordination, monitoring, and adaptation.
What are the three levels of the LAMC model?
Micro-Level – Operational logistics activities (e.g., transportation, warehousing).
Macro-Level – Alliance management routines (e.g., coordination, governance).
Meta-Level – Learning mechanisms for continuous improvement.
Why is coordination crucial in logistics alliances?
Effective coordination ensures smooth information exchange, synchronized supply chain activities, and better resource utilization.
Example: A logistics provider and retailer coordinating deliveries using real-time tracking reduces delays and inventory issues.
How does monitoring and adaptation improve logistics alliances?
Companies track performance through KPIs and adjust alliance structures, technology, or processes to enhance efficiency.
What is relational governance, and why is it important?
Relational governance refers to trust, commitment, and open communication between alliance partners, ensuring long-term stability and collaboration.
How does learning contribute to logistics alliance success?
Companies improve their alliance capabilities over time by reflecting on past experiences, adapting strategies, and implementing best practices.
What are some practical actions companies can take to enhance logistics alliance success?
Implement structured alliance management routines
Invest in IT systems for real-time data sharing
Use performance monitoring tools to track and optimize logistics processes
Foster trust and collaboration among partners
What role does technology play in logistics alliances?
Technology, such as e-logistics platforms, EDI (Electronic Data Interchange), and real-time tracking, helps improve coordination, reduce errors, and enhance supply chain visibility.