What is Logistics? Overshadowed behind all the excitement given to supply chain management and the technology developed to support it is a lesser known part of the business operations known as logistics. Some might regard logistics as mundane and staid compared to other supply chain initiatives but they don’t get the whole picture. However‚ logistics professionals and knowledgeable managers know that to fulfill customer orders effectively and efficiently‚ a business should employ a good logistics
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Introduction Reverse logistics is described as the function of handling returned products due to damage‚ expiry‚ end of life & recalls etc. In organizations there are a number of activities that describes Reverse Logistics management but are not recognized and controlled (Fassoula‚ 2007). Reverse Logistics (RL) can be considered as a way to understand the process of movement of products from downstream to the point of production for the purpose of recapturing value and proper disposal (Khan &
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What is logistic? Deal with the management of the flow of goods or materials from point of origin to point of consumption‚ and in some cases even to the point of disposal. Logistics is not confined to manufacturing operations alone. It is relevant to all enterprises‚ including government institutions such as hospitals and schools‚ service organization such as retailers‚ banks and financial service organizations. Logistics is dependent upon natural‚ human‚ financial and information resources for
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Amazon Amazon is the biggest online retailer in world. This world-class retailer‚ which began doing business as an online bookseller in the mid-90s‚ has changed with the time and currently it offers its customers a wide variety of products such as electronics‚ clothes‚ beauty products‚ and so on. In addition‚ Amazon operates as a service provider allowing other retailers to sell on its site and it also commercializes cloud storage services and its own tablet post-PC device –Kindle-. (Businessweek
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its Xbox gaming console executives had to make a strategic decision whether to manufacture the Xbox or outsource the manufacturing. After some studies‚ it was decided that they did not have manufacturing and logistics capabilities and decided to outsource the assembly and significant logistics functions to Flextronics‚ a Singapore-based contract manufacture. Microsoft already knew Flextronics because they had already contracted out the manufacture of computer mice to them. Since Microsoft had worked
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1. What is reverse logistics (RL)? How does it differ from forward logistics Reverse logistics is the process of planning‚ implementing‚ and controlling the efficient‚ cost effective flow of raw materials‚ in-process inventory‚ finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal. More precisely‚ reverse logistics is the process of moving goods from their typical final destination for the purpose of
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The essay will discuss the concepts and the importance of logistics in our global word. It will then move to the recent climate change and its impact on our world with particular reference to logistics and GHG emissions relationship. The write up will follow up with the EPA and other agencies reactions and discuss the impact and the changes in the logistics management by the companies around the world. SUPPLY CHAIN MANAGEMENT Supply Chain Management refers to the flows of processes though which
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Unit Code & Unit Title: DL101 Introduction to logistics management 2. Course of Study: Diploma in Logistics Management 3. Year of Study: Year One 4. Year and Semester: Semester 2‚ 2014 5. Reading List: Main Text: 1. Paul R. Murphy‚ Jr‚ Donald F. Wood‚ Contemporary Logistics‚ Pearson education 2. John J. Coyle‚ C. John Langley‚ Jr.‚ Brian J. Gibson‚ Robert A. Novack‚ Edward J. Bardi (2011)‚ Supply Chain Management: A Logistics Perspective‚ 8th Edition‚ Cengage Learning
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1. Did it surprise you that logistics can be such an important component in a country’s economic system? Why or why not? Logistics plays a key role in the economy in two significant ways. First‚ logistics is one of the major expenditures for businesses‚ thereby affecting and being affected by other economic activities. In the United States‚ for example‚ logistics contributed approximately 10.3 percent of GDI in 1996. U.S. industry spent approximately $451 billion on transportation of freight
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DHL Logbook - in cooperation with Technical University Darmstadt Historical development of logistics The great logistics success story Logistics has been playing a fundamental role in global development for almost 5‚000 years now. Since the construction of the pyramids in ancient Egypt‚ logistics has made remarkable strides. Time and again‚ brilliant logistics solutions have formed the basis for the transition to a new historical and economic era. Examples of this fundamental progress include
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