INTERNATIONAL LOGISTICS

International Logistics



International Logistics

Introduction

In this assignment, the major industry which focused is Tate and Lyle industry and the logistics or supply chain management processes of the industry. One of an innovative tool which used to improve the logistics and SCM processes is the electronic procurement. The electronic procurement provides a base to eliminate the challenges which are in the way of an industry. The tool helps to providing services and purchasing goods online. The electronic business converts the whole procurement process online and enables the distributed employees to coordinate online and e-business helps in streamlining the procurement cycle.

Tate & Lyle is the global market leader in specialty ingredients and sweeteners category. The group is the largest player in crystalline fructose and high intensity sweeteners. It is also the second largest player in the specialty food starches. The group's leadership in fast growing specialty food ingredients industry is an advantage considering the fact that the ingredients is an emerging industry worth $30 billion, growing at 5% per annum. Further, the group's scale gives it an edge in the fragmented industry. Also, market leadership of Tate & Lyle facilitates stable revenue base and market expansion prospects.Discussion and Analysis

As Tate and Lyle is a market leader of food industry. At Tate and Lyle, it is in the upstream supply policy that the good and long term relationships with partners and suppliers are very important. In Tate and Lyle corresponds to the group's focus, based on a code of conduct. The conventional approach helps ensure the acquisition of strategies at global, regional and local levels. In Tate and Lyle, which must follow the ethics of supply chain in order to best practices and standards for distribution to suppliers? For industry, the main raw materials are corn and sugar cane used in various products of Tate and Lyle. Manufacturers and producers of corn and sugarcane are the leading suppliers, or it can be called as a partner, Tate & Lyle. The company has developed long term relationships and mutually beneficial supplier of corn and sugar cane. Tate & Lyle has introduced a program audit of the supply chain in 2007 (Signori, 2004, 99). The audit program to assess the social, ethical and environmental vendors and the program also helps to identify problems and deficiencies in the ultimate suppliers. If a fault or defect at the bottom of some providers, the company makes innovative ways to encourage suppliers to make necessary improvements (Signori, 2001, 61).

Tate and Lyle did not buy raw materials from farmers and sugar mills, but they prefer to buy bread. Sugar cane obtained from the contracting parties, which can be cooperative or government agency through the electronic system and therefore the use of an electronic system that is not possible for contact people. To stabilize the market, Tate & Lyle been developed by the supplier and manufacturer relationships and improve the profitability of these relationships on both sides, i.e., suppliers and manufacturers. Relationship based on coordination between business partners. Strong relationships with suppliers will also help improve productivity and operations, this performance can be measured in terms of quality, product delivery. In Tate and Lyle, there are three components flowing through the supply ...