Logistics industry, outsourcing

Such a market for trading chemical contracts would effectively help the industry separate the risk of asset ownership from both production and financial risk. Imagine, for example, if a pure commodity player could conclude forward contracts to lock in the price on most of its output volume and input raw materials. It could outsource the sales and logistics process to efficient transactional market makers and low cost logistics speciahsts, leaving it to focus purely on being distinctive in low cost operations. 

Keywords outsourcing. Supply Chain Management, logistics service provider, chain orchestration, food industry... 

In addition, a reality of the pharmaceutical industry at present is the outsourcing of some of all of the synthetic chemistry for a project. To the list of existing questions must be added several others. Which contract research organization(s) will you choose, and what can they be expected to accomplish How will you handle electronic lab notebooks, documenting intellectual property issues and other legal issues How do you handle the logistics of quality assurance, shipping, and customs To help you address each of these, it is prudent to reach out into your broader network to get opinions from others not only in your company but also across the industry. 

Butner, K., Moore, D. (2006). Building value in logistics outsourcing The future of the logistics provider industry. New York IBM Business Consulting Services, IBM Institute for Business Value, IBM Global Services. 

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