Importance of country’s economic system free essay sample

I not surprise , according to my past experience as a material controller in LG electronics and nowadays as a purchasing member in Suez Canal Authority The Logistics has a historical relationship with the Economic system specially with GDP . before 1980 logistics didnt exceed the 10% of GDP , but this percentage has been increased yearly until 2005 , the logistics represent 45% of the GDP This importance not only on the Macro level bit also on the Micro level , for example the private sector in china recognize that as chinas labor cost advantage shifts to other countries , logistics becomes an essential component to fueling an economy that has been expanding at between 8 and 10 % per year Q2:) Due to technical problems, Toyota had recalled various models of their cars in the international market. This in return had a severe impact on their strategic and operational thinking and planning. From a logistics management perspective, describe how the logistics function can contribute to overcome Toyotas recall crisis. We will write a custom essay sample on Importance of country’s economic system or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Answer First of all we must define the problem that cause the recall , TOYOTA has found in 2013 That the problem is due to water leaking out from the air conditioning condenser unit into the airbag control module TOYOTA recall around 850,000 cars from the international market To contribute the overcome recall TOYOTA must work on 2 main points: 1- The inbound logistics : this focus on the purchasing materials and input quality control ( IQC ) . the purchasing dep. Must check the supplier material to ensure that TOYOTA get best quality and best price and must make a continuous physical inspection by IQC dep. The outbound logistics : Toyota has faced an unprecedented series of recalls in recent years, including a number of service actions related to so-called unintended acceleration, The maker will directly notify owners in the weeks ahead and dealers will make repairs at no charge. The fix requires the application of sealant and a new cover to prevent water from leaking onto the airbag control module. this will focus on the service center allocated worldwide to continuous get a feedback from customers and reported to the operational dep. And also to manage the current recall customers to be ensure that there vehicles problem has been solved .