Innovation is important in all areas of business, no less so in logistics. There are many example that we can look:
MAERSK Triple E, Class Liner, Channel Tunnel, DIRFT at Daventry, Amazons Kiva Systems Robots, that moves racks to the shippers.
In this assignment, we want you to research innovations
1. Identify five innovations in logistics that have occurred in the last five years. [250 words]
2. Select ONE out of the five and describe it in detail [750 words]
i) Its applications
ii) Costs
iii) Implementation Time Scale
iv) Benefits
All the projects of introducing innovations need to be judged against Criteria fo Success. Hence, research the academic writing (Literature Review) on the topic of Success Criteria associated with Project Implementation
3. Summarize RECENT ACADEMIC thinking on this subject (Innovation in Logistics) [750 words]
4. Create a framework against which logistics innovations could be measured. [750 words]
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