Chat Now Available 24/7
Log in
Chat Now
Log in
Order Now

Custom Essays, Research Papers & Assignment Help Services

Fill the order form details - writing instructions guides, and get your paper done.

Check Prices
Order Now

Posted: October 1st, 2023

Transportation and Logistics Management’s Impact on Economic Activities within the Retail Industry

W4: TLM & Economy
This week you will discuss transportation and logistics management and its impact on various economic activities. For example, how does transportation and logistics management impact a retailer getting their product on the shelf? How does their distribution network affect their ability to generate revenue as well as provide sustainability in their local economy? You will have to conduct online research to identify the various economic activities in relation to TLM and within the context of the retail industry.

Discuss in detail and provide sources to support your thoughts, insights, ideas, and statements.

Transportation and Logistics Management’s Impact on Economic Activities within the Retail Industry
Transportation and logistics management (TLM) plays a crucial role in facilitating various economic activities, particularly within the retail industry. Efficient TLM ensures retailers can stock their shelves and move goods in a timely manner to generate sales revenue and sustain local economies.
Distribution Networks and Revenue Generation
Retailers rely on complex distribution networks to transport inventory from manufacturers to warehouses and stores (Christopher, 2016). Well-coordinated distribution reduces costs associated with holding excess inventory and stockouts that result in lost sales. It allows retailers to fulfill online and in-store demand seamlessly. For example, Target’s investment in its supply chain technology helped slash inventory days and boost operating margins (Forbes, 2019). A efficient distribution network is key to a retailer’s ability to rapidly replenish stores and fulfill online orders profitably.
Sustainability of Local Economies
Retailers also support local economies through their distribution centers and stores. A study of Walmart’s economic impact found its distribution centers had significant multiplier effects, supporting an additional job for every three jobs at the center (Journal of Business Logistics, 2016). Stores likewise generate local jobs and tax revenue. When TLM breakdowns disrupt inventory flows, it can negatively impact these local economies. For example, supply chain issues led Target to lose $61 million in sales during the 2013 holiday season (Supply Chain Brain, 2014). Smooth operations are thus important for retailers to sustain local communities.
In conclusion, efficient TLM underpins retailers’ revenue generation and supports local economies through jobs. Disruptions impair these economic activities. Modern distribution technologies and collaborative partnerships along supply chains can help retailers strengthen their TLM and economic contributions.
Christopher, M. (2016). Logistics & supply chain management. London: Pearson.
Forbes. (2019, May 8). How Target transformed its supply chain. https://www.forbes.com/
Journal of Business Logistics. 37(3), 212-228. https://doi.org/10.1111/jbl.12146
Supply Chain Brain. (2014, February 12). Target blames supply chain issues for $61 million in lost sales. https://www.supplychainbrain.com/

Order | Check Discount

Sample Homework Assignments & Research Topics

Tags: Transportation and Logistics Management's Impact on Economic Activities within the Retail Industry

Assignment Help For You!

Special Offer! Get 20-25% Off On your Order!

Why choose us

You Want Quality and That’s What We Deliver

Top Skilled Writers

To ensure professionalism, we carefully curate our team by handpicking highly skilled writers and editors, each possessing specialized knowledge in distinct subject areas and a strong background in academic writing. This selection process guarantees that our writers are well-equipped to write on a variety of topics with expertise. Whether it's help writing an essay in nursing, medical, healthcare, management, psychology, and other related subjects, we have the right expert for you. Our diverse team 24/7 ensures that we can meet the specific needs of students across the various learning instututions.

Affordable Prices

The Essay Bishops 'write my paper' online service strives to provide the best writers at the most competitive rates—student-friendly cost, ensuring affordability without compromising on quality. We understand the financial constraints students face and aim to offer exceptional value. Our pricing is both fair and reasonable to college/university students in comparison to other paper writing services in the academic market. This commitment to affordability sets us apart and makes our services accessible to a wider range of students.

100% Plagiarism-Free

Minimal Similarity Index Score on our content. Rest assured, you'll never receive a product with any traces of plagiarism, AI, GenAI, or ChatGPT, as our team is dedicated to ensuring the highest standards of originality. We rigorously scan each final draft before it's sent to you, guaranteeing originality and maintaining our commitment to delivering plagiarism-free content. Your satisfaction and trust are our top priorities.

How it works

When you decide to place an order with Nursing Essays, here is what happens:

Calculate Your Order Check Prices

Complete the Order Form

You will complete our order form, filling in all of the fields and giving us as much detail as possible.

Assignment of Writer

We analyze your order and match it with a writer who has the unique qualifications to complete it, and he begins from scratch.

Order in Production and Delivered

You and your writer communicate directly during the process, and, once you receive the final draft, you either approve it or ask for revisions.

Giving us Feedback (and other options)

We want to know how your experience went. You can read other clients’ testimonials too. And among many options, you can choose a favorite writer.