Introducing logistics 1.1 Definition of logistics According to a widespread definition‚ logistics (from the Greek term l´ gos‚ which o means ‘order’‚ or from the French loger‚ which means ‘allocate’) is the discipline that studies the functional activities determining the flow of materials (and of the relative information) in a company‚ from their origin at the suppliers up to delivery of the finished products to the customers and to the post-sales service. The origins of logistics are of a
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1a.What logistics management? b. State the six rights in an effective logistics management system. Logistics is defined as process of planning‚ implementing‚ and controlling the efficient flow and storage of goods‚ services‚ and related information from point of origin to the point of consumption for the purpose conforming to customer requirement‚ which also includes the inbound‚ outbound‚ internal‚ and external movements and return of materials for environmental purposes. Logistics Management
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Warehousing is a place for company to store their good and stuff. Besides‚ there will be inbound and outbound for the transportation and warehousing. For transportation‚ the inbound is meaning that the goods or partly goods are send to the company/ warehouse from other place. Inversely‚ the outbound is meaning that the goods are send to the retailer or the outlets from company. (Genco.com‚ 2014) For warehousing‚ the inbound and outbound is considering as a flow in and flow out of product in the warehouse
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UNIT OF STUDY GUIDE PRE-REQUISITES BAO1101 and BAO 3307 CREDIT POINTS 12 MODE OF DELIVERY On-campus UNIT COORDINATOR NAME Dr Hassan Tanha EMAIL hassan.tanha @vu.edu.au PHONE 9919 4637 OFFICE LOCATION G3.38‚ Footscray Park OTHER TEACHING STAFF NAME Mr Abdi Hassan EMAIL abdi.hassan@vu.edu.au PHONE 9919 4631 OFFICE G3.29‚ Footscray Park RATIONALE This subject is for students seeking an understanding of the fundamentals of investment management and analysis
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1. Describe Alexander the Great using Functions of Management. Planning Alexander knew a thing or two about setting objectives and what needs to be done to achieve it. He knew how to strategize. This was best shown when they were planning the attack to kill Darius. Leading The movie presented Alexander’s excellent leadership skills. He trusted his subordinates by delegating the jobs to them. He communicated with his army‚ if possible‚ one by one‚ to show his soldiers how he values them‚ to encourage
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Capitalizing on Social Media Trends and Opportunities A key to business survival is capitalizing on popular cultural trends. Communication though social media websites like Facebook‚ MySpace‚ Twitter‚ and You Tube is the latest cultural phenomenon. Companies are now taking advantage of this external opportunity in an effort to reach new markets and communicate more effectively with current and potential consumers. The purpose of this activity is to explore this trend as a strategic opportunity
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The Service Industries Journal Vol. 30‚ No. 6‚ June 2010‚ 911 –928 Development of brand equity: evaluation of four alternative models Hong-Youl Haaà ‚ Swinder Jandab and Siva Muthalyc College of Business Administration‚ Kangwon National University‚ Chuncheon‚ Kangwon-do‚ South Korea; bDepartment of Marketing‚ Kansas State University‚ Manhattan‚ USA; cDepartment of International Business Studies‚ Swinburne University of Technology‚ Hawthorn‚ Australia (Received 20 February 2008; final version
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LGT3105 Operations Management - Tutorial 5: Service Processes 1. The wheat harvesting season is short. Most farmers deliver their truckloads of wheat to a central storage bin and return back to the fields. The central storage bin is owned cooperatively by the farmers and they have assigned a waiting cost of $18 per hour for each truck and driver. The storage bin operates 16 hours per day and 7 days a week. It is capable of unloading an average of 35 trucks per hour. Full truckloads arrive at
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Abstract Art and Its Prejudges Albert Camus has once defined art as: “A product of the untalented‚ sold by the unprincipled to the utterly bewildered.” Many people may agree on that abstract art is simple to paint‚ it has not techniques and it is not representational but how can a paint that represents nothing in particular be so eye-catching to look at? When looking at an abstract painting people see the most freely formed type of artwork an artist can create‚ which allows many and different interpretations
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INDUSTRY ANALYSIS REPORT INDUSTRY ANALYSIS Logistics and Supply Chain Management (SCM) as an area of research has been getting increasing attention from academicians and practitioners over the last two decades since it may lead to reduced operational costs‚ improved delivery performance and increased customer satisfaction levels‚ thereby making an organization more competitive in terms of cost‚ quality‚ delivery and flexibility. The importance of logistics and SCM is increasing also due to globalization
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