6EC513 Global Business And Strategy

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6EC513 Global Business And Strategy

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6EC513 Global Business And Strategy

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Course Code: 6EC513
University: Help University

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Country: Malaysia

Question:
Write the Factor effecting about the technology adoption among the logistics firm in Malaysia.
Question:

Identification of Factors
The identification of the relevant technological adoption factors and the exploration of its influence on the suppliers of the manufacturers of the country of Malaysia to adopt most of the supplying chain technological within the restrictions of the organization is main purpose and is the factor for the adoption of the technologies in the logistics firms in the country of Malaysia. The design methodology and the approach towards the technological advancements being adopted by the logistic firms within the organizations of the country (Kamariah Kamaruddin & Mohamed Udin, 2009). There are factors like the size of the population in the country and the degree of the affluence which is associated to the increasing rate of the growth in the economic activities of the country which has a huge potential of producing the technology to rescue the problem. This not only enhances the experience of the customer while ordering the products but also saves time and money for them and also for the companies situated in the country (Ngah, Zainuddin & Thurasamy, 2014). In the recent past of the country, it was not possible for the people for the country to even think about the idea of turning on a ceiling fan through a smartphone but with the help of the technological capabilities in the country, the people are able to control almost anything from their cell phones or their cars.
Influence Of Factors
The factors directly influence the markets of the country which improve the main sectors of the logistics industry which include international transportation, trucking transportation, shipment tracking and the management of the supply chains. Nowadays in most of the countries tariff rate, and investment rate becomes lower than ever. It also provides a great strength to the logistic companies. For Malaysia, Australia is the best place to invest where tax rate is low as well as tariff is free. So, economical factors and legal rules are also a great factor for social and economical growth, development of Malaysia in Logistic field.
The customers had to book the shipments and received the estimate of the delivery dates of the product and then had to face the darkness of the service which has completely changed now as the advancements in the software have allowed the customers to change and access the details regarding the tracking and shipping of the products that they have ordered through the services in the country of Malaysia any time (Lee, 2014).
Reaserch
The lack of the empirical research lacking in the adoption of the logistics technologies in Malaysia is one of the factors that has influenced the innovation in the sector to develop the better strategies which would help to adopt new and innovative logistics technologies and also to make them a country with more innovation-based logistic service providers (Zailani, Iranmanesh, Nikbin & Jumadi, 2014). This would help the country to become better service providers with the help of the internal and external factors across the world.
References
Kamariah Kamaruddin, N., & Mohamed Udin, Z. (2009). Supply chain technology adoption in Malaysian automotive suppliers. Journal Of Manufacturing Technology Management, 20(3), 385-403. doi: 10.1108/17410380910936819
Lee, K. (2014). Supply Chain Technology Adoption: Its Clarification, Evolution, Classification, and Practicality in Textile and Apparel Industry. International Journal Of Business And Economics Research, 3(6), 15. doi: 10.11648/j.ijber.s.2014030601.13
Ngah, A., Zainuddin, Y., & Thurasamy, R. (2014). Adoption of Halal Supply Chain among Malaysian Halal Manufacturers: An Exploratory Study. Procedia – Social And Behavioral Sciences, 129, 388-395. doi: 10.1016/j.sbspro.2014.03.692
Zailani, S., Iranmanesh, M., Nikbin, D., & Jumadi, H. (2014). Determinants and environmental outcome of green technology innovation adoption in the transportation industry in Malaysia. Asian Journal Of Technology Innovation, 22(2), 286-301. doi: 10.1080/19761597.2014.973167

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