surges in demand. Economic benefits of warehousing occur when overall logistics costs are reduced. For example‚ if adding a warehouse in a logistical system reduces overall transportation cost by an amount greater than required investment and operational cost‚ then total cost will be reduced. When total cost reductions are achievable‚ the warehouse is economically justified. Four basic economic benefits
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1. INTRODUCTION OF POTATO CHIPS: Potato chips also called as potato crisps were invented in the year 1853 by Native American George Crum. The story behind the invention goes like this. George was employed as a chef at an elegant resort in Saratoga Springs‚ New York. One dinner guest felt George’s French fries too thick for his liking and rejected the order. In order to rile the guest Crum decided to make fries too thin and crisp. But seeing the browned‚ paper thin fries the guest
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The role of information systems in Supply Chain Management Introduction The purpose of this essay is to explore and evaluate the various approaches that can be taken to facilitate the management of supply chains. Supply Chain Management - A terminological background The Institute for Supply Chain Management has defined supply management as "the identification‚ acquisition‚ access‚ positioning and management of resources an organisation needs or potentially needs in the attainment of its strategic
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Impact of Toyota Business System on Supply Chain Management: Flexible or Not? In the automotive industry‚ supply chains are extensive and include elements of producing based on several forecasting techniques. The amount of money invested is large and fixed. Key trend in the automotive industry is the increase of the variant numbers on individual models and standardization of components in the supply chain. This means that models can be adjusted to the individual tastes of customers and new models
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International Journal of Modern Engineering Research (IJMER) www.ijmer.com Vol.1‚ Issue.2‚ pp-747-751 ISSN: 2249-6645 IMPORTANCE OF INFORMATION TECHNOLOGY FOR EFFECTIVE SUPPLY CHAIN MANAGEMENT Prof. Himanshu S. Moharana1‚ Dr. J.S. Murty2‚ Dr. S. K. Senapati3‚ Prof. K. Khuntia1 1 (Raajdhani Engineering College‚ Bhubaneswar‚ Odisha) India 2 (Ex-Head‚ Design‚ RRL‚ Bhubaneswar‚ Odisha) India 3 (Professor‚ Dept. of Mech. Engg.‚ IGIT‚ Sarang‚ Odisha) India ABSTRACT In order to survive and beat the
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An Automated Library Management System; Eradicating the Old Styled Libraries An Automated Library Management System; Eradicating the Old Styled Libraries Sundus Tahir Sundustahir.pk@gmail.com Iman Noor Imannoor92@yahoo.com Tasbiha Sajjad tasbiha17@gmail.com Tanzeela Arif act_fool_fool95@yahoo.com Farwa Yaqoob farwayaqoob@gmail.com Fatima Jinnah Women University‚ The Mall‚ Rawalpindi. Abstract The paper discusses briefly the Automated Library Management System‚ which is designed to provide
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IMC or Integrated Marketing Campaign is an approach to achieve marketing campaign through coordinated tools of promotional methods. It recognizes the value of a comprehensive plan that evaluates the variety roles of communication such as public relation‚ personal selling and sales promotion and combines them to make a clear maximum communication impact. In this report‚ we are required to develop the main strategic areas of integrated marketing communication plan for the company. We have to choose
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Project Report Supply Chain Management Project Report Supply Chain Management ------------------------------------------------- Team Members ------------------------------------------------- [Type a quote from the document or the summary of an interesting point. You can position the text box anywhere in the document. Use the Drawing Tools tab to change the formatting of the pull quote text box.] [Type a quote from the document or the summary of
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standards and emerge as supplier of choice for global companies. These changes would have a significant impact on the automotive supply chain. Clearly the need of the hour is for various players to identify key challenges facing the industry and develop strategies to help mitigate these. The objective of this report is to analyze the key advancements in automotive supply chain and the unique practices followed by major players in India. Finally balanced scorecard framework would be used to build the
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iPhone and the iPad. Apple software includes the Mac OS X operating system; the iTunes media browser; the iLife suite of multimedia and creativity software; the iWork suite of productivity software; Aperture‚ a professional photography package; Final Cut Studio‚ a suite of professional audio and film-industry software products; Logic Studio‚ a suite of music production tools; the Safari internet browser; and iOS‚ a mobile operating system. As of August 2010[update]‚ the company operates 301 retail stores
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