The world’s Largest Sharp Brain Virtual Experts Marketplace Just a click Away
Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | Apr 2017 |
| Last Sign in: | 335 Weeks Ago, 4 Days Ago |
| Questions Answered: | 12843 |
| Tutorials Posted: | 12834 |
MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
Running head: CONTAINERIZATION OF COMMODITIES Containerization of Commodities
Name
Institution 1 CONTAINERIZATION OF COMMODITIES 2 THE CONTAINERIZATION OF COMMODITIES
The essence of transporting commodities via containers is to ensure that they securely move
from the sender to the intended recipient in the right quantity and no damages at all. It therefore
means that this a mode of transport that cannot be underestimated owing to the magnitude of
commodities transported and the flexibility it offers to the customers, not only within a country
but also involving a couple of countries. While transportation is their major role, it cannot be
taken to imply that that is the only role they are used for. They also form an integral part of the
commodity or supply chain unit. To move manufactured goods and parts from the sites they are
actually manufactured to other points such as retail outlets, terminals and other distribution
centers require the use of containers given their mobility, spatial flexibility and efficiency in
distribution. Containerization has broken the global barriers in that it is nowadays very possible
to ship commodities from one continent to the other somewhat with ease.
The development of maritime and inland logistics have facilitated the establishment of shipping
networks which in turn have made it possible for global supply chains to take root.
Containerization facilitates globalization of markets given that there are large volumes of
commodities transported and supplied through this channel around the globe.
The recent popularity and preference of containerization could be explained through the study of
the market patterns where more commodities are distributed using this form of transport. For
instance, the importation of exportation of commodities in bulk require a means which will offer
flexibility and speed considering that some products perishable while others can go for a long CONTAINERIZATION OF COMMODITIES 3 time while still in good state. It has gained preference from both the large and small commodity
producers served by this mode of transport.
As mentioned earlier, the importance of containerization cannot be underestimated. In some
markets such as (European coffee imports), commodities are fully containerized while in others,
the process of containerization has been relatively low. The value attached to the European
coffee as well as its rate of consumption could explain the popularity and frequency of
containerization. The gradual consideration of containerization in the raw materials and food
commodity chains explains the increase in the global share of movement of goods via the means
under study.
-----------