Global supply chain competitiveness: The synergistic role of integrated logistics and global sourcing

Abstract

AbstractThis study examines the strategic role of integrated logistics and global sourcing in a firm's supply chain performance, aiming to explain their role in gaining a competitive edge. Employing an extensive literature review, the research initially investigates their broader impact on global supply chains and subsequently focuses on integrated logistics and global sourcing domains. The findings highlight the increasing importance of supply chain integration in contemporary business strategy. The study establishes that integrating logistics and global sourcing is pivotal for achieving performance improvements crucial for success in today's competitive landscape. It demonstrates that this integration yields various organizational benefits, including cost reduction, improved technology access, enhanced sourcing consistency, strengthened supplier relationships, and improved information sharing. Consequently, this paper addresses a significant gap in the global supply chain literature by synthesizing the concepts of integrated logistics and global sourcing, providing a comprehensive understanding of how they collectively enhance supply chain performance in a fiercely competitive market. As such, it offers a valuable resource for practitioners and academics seeking insight into the pivotal role of integrated logistics and global sourcing in a firm's overall performance.