In: Economics
Suggest and explain any FOUR possible ways in encouraging Solar Airlines to establish an intermodal transportation networks in China.
Intermodal freight transportation is a flexible way of transportation. It is an effective way to plan transportation and save more money. Hence, the possible ways in which the establishment of an intermodal transportation model can be encouraged in china are mentioned below
The four possible ways in which the establishment of an intermodal transportation model can be encouraged in china are
High infrastructure cost: As compared to other ways of transportation intermodal freight transportation has high infrastructure costs. The shippers have to move large containers. Still, a proper infrastructure does not exist in many places. Hence, increasing the high infrastructure costs.
Role of hyper-competition in the supply chain: The extreme condition of competition, which provides multiple options to the consumer. The increase in competition will motivate solar airlines to do better. The competitive word the supply chain will be effective and efficient if the consumers will have the option to choose from.
Meet consumer's requirements: Intermodal transportation should focus on meeting the needs and wants of the consumers. The customers will expect that transportation should be focused on flexibility, speed, and potential profits for all. Hence, the satisfaction of the customers should be given the highest priority.
High knowledge and skills for new operations: The focus of solar airlines should be skills and knowledge so that they carry out the operation properly and optimize the transportation facility. The intermodal transportation should also focus on the developments and innovations necessary to encourage the establishment of intermodal transportation in China.
Focus on management coordination an integration: the solar should manage the freight efficiently and effectively to meet the needs and wants of the customers. The management should be coordinated and integrated for profitable outcomes.