DESCRIPTION
In the late 1990s, renown strategist Michael Porter argued that clusters make organizations more competitive by increasing the pace of Innovation and stimulating new business formation. National and regional governments quickly embraced the idea and immediately supported its development by providing the necessary funding support. As expected, good things started to happen: businesses became interested to set up in the area drawing employees and, at the same time, more employers.
In recent decades, numerous Industrial Clusters have developed around the world. But there is one sector, the Logistics sector, where Industrial Clusters have a brighter long-term future. The Logistics Cluster provides operational flexibility and distribution efficiencies that can greatly benefit many global supply chains. Logistics Clusters are local networks of businesses providing Logistics services. It is a community of companies that come together to share Logistics expertise and know-how.
Logistics Clusters are self-reinforcing and offers advantages based on the interchangeability of its Transportation and Logistics assets. There are key value areas Logistics Clusters have demonstrated greater effect.
1. Industry Growth
2. Job Creation
As the global economy moved into the 21st Century, Logistics has become a critical part of Supply Chain Management. Globalization will continue to fuel the expansion of Logistics Clusters. Companies just need to understand its dynamics to reap the full benefits that it has to offer.
This deck also includes slide templates for you to use in your own business presentations.
This presentation delves into the strategic importance of Logistics Clusters, emphasizing their role in driving economic growth and job creation. It provides a comprehensive overview of how these clusters enhance supply chain efficiency through the interchangeability of assets and the creation of a positive feedback loop. The PPT also includes practical slide templates designed to help you articulate these concepts in your own business presentations.
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Source: Best Practices in Competitive Advantage, Supply Chain Management, Logistics PowerPoint Slides: Supply Chain Management (SCM): Logistics Clusters PowerPoint (PPTX) Presentation, LearnPPT Consulting
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