Discuss the relationship between Supply Chain Management and Logistics Management. What are the repercussions of these terms being used interchangeably? The relationship between logistics and supply chain management is the flow of products‚ services‚ information and funds between supply chain stages in which organizations plan‚ implement and control flows in order to effectively and efficiently fulfill customer requirements (Christopher 2011‚ p. 2). Although both management functions share a
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Hong Kong Institute of Vocational Education Business Administration Discipline BAN5413 -- Supply Chain & Logistics Module 2010 – 2011 (1st Semester) Assignment 1.0 Introduction The objectives of this assignment are for students: - collating information of real firms and associating them with what have learnt in the lectures; and - applying the knowledge learnt in lectures to analyse the case‚ to identify issues/problems and/or to formulate solutions/recommendations
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ISSUES AND CHALLENGES OF LOGISTICS IN MALAYSIA: A PERSPECTIVE By Mohd Hafizzuddin Md Damiri Summary In the Asia Pacific region‚ the potential for growth in logistics is very promising.Although Malaysia ’s economic growth rate is increasing‚ but advances in logistical in this country is still on modest level. Under the Third Industrial Master Plan (IMP3)‚ which was launched in 2006‚ Malaysia’s logistics development were charted carefully and diligently as to keep on pace with other countries in
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The impact of globalisation on logistic service providers (LSP’s) located in Belgium. In the light of the logistics industry we will start with a definition of globalisation and a description of the driving forces behind the ongoing internationalisation process. Secondly we will define the behaviour of the logistic providers in terms of their strategic decisions‚ performance‚ services and international presence following this globalisation wave. An increasing amount of supply chain activities
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3.1 Definition of Green Logistics………………………………………….4 3.2 Definition of Reverse Logistics……………………………………..5-6 3. Case study – Treeland Services Company Ltd 4.3 Treeland Services Company background…………………………..7 4.4 Working procedure of TreeLand Services Company Ltd………..7-8 4.5 Green Logistics in Treeland company Services Company Ltd…..10 4.6 Electronic waste with Hazardous materials……………………11-13 4. Prospect of green logistics………………………………………………….......14
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the logistic function. 2. Discuss how the logistic function contribute or can contribute to achieve the corporate objectives. 3. What are the benefit and challenges of outsourcing the logistic function to 3PL 0r 4PL service providers. 1.0. Introduction Today’s business is more global than ever before. Markets are everywhere and new ones are sprouting up every day. Suppliers shift‚ supply chains adapt. Customers are more discerning and demanding. And logistics has
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at an acceptable cost is the challenge of logistics. It’s an area that embraces purchasing and supplier management‚ materials management and manufacturing‚ inventory management and warehousing‚ distribution and transport‚ and customer service. With all this said I do believe that the corporate world can benefit from anticipatory logistics. First there must be a definition of what "anticipatory" logistics really is. Just like some might interrupt "logistics" and "Supply Chain Management (SCM)" as being
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Introduction to Logistics and Supply Chain Management Table of Contents Introduction 3 Comparative Profiles 3 Comparative Logistics Process 4 Conclusion 8 Bibliography 8 Introduction The purpose of this report is to investigate and identify the various techniques used by a plethora of similar organizations in regards to logistics and transportation used. Business have now become aware of the importance of logistics and providing adequate supplies to satisfy the demand for their
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Case Study Question 1 Central Europe and Hungary: Changes in logistics Systems ABSTRACT in an increasingly globalizing setting‚ many of the newly nationalised buffer states of the soviet Union‚ have been faced with the pressure to integrate themselves with exogenous market forces‚ from western Europe as well as other parts of the world. The ability for them to adapt lies in their ability to manage their fiscal policies‚ their societal views and market theories that form many of the xenophobic
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Reduction ROA Improvement Logistics Cost Reduction SCM Some Facts: • Annual Plan Outlay • Fiscal Deficit • Inventory tied up • Logistics Cost • GDP SCM : Rs. 1.13 Lakh Crores : Rs. 1.35 Lakh Crores (5.3% of GDP) : Rs. 1.17 Lakh Crores : 13.6% of our GDP : Rs. 25.57 Lakh Crores Logistics Cost Country Asian region China Japan Korea Singapore Taiwan European region France Germany Italy Netherlands Spain UK Sweden North American region Canada Mexico US GDP (billions) Logistics as % of GDP 14.5 10.5
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