Logistics is the process of strategically managing the procurement‚ movement and storage of materials‚ parts and finished inventory (and the related information flows) through the organization and its marketing channels in such a way that current and future profitability are maximized through the cost-effective fulfilment of orders. supply chain management The management of upstream and downstream relationships with suppliers and customers to deliver superior customer value at less cost
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Space technology has benefited our modern society. To what extent has it benefitted us? (Word Count: -25) This picture of our blue planet has become so mundane that even grade school students would cease to be mesmerised by it. Thanks to daily real-time forecast on TV‚ the picture of mother earth has almost become ho-hum. Weather forecast has improved to a point where we take the forecast for granted. Without realising it‚ the technological spin-offs from Space Program (spinoff.nasa.gov) of the
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automated systems. And in fact‚ nowadays‚ the use of computer-based business system has become prevalent all throughout the developed and developing countries around the world due to the increased productivity and efficiency of data processing A collection of components that work together to realize some objective forms a system.There are three major components in every system‚ namely‚ input‚ processing and output. The most commonly used system by several companies is the sales system and
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Part A Question 1 The four primary logistic activities are: 1. Transportation A key logistics activity is to actually provide for the movement of materials and goods from point of origin to point of consumption‚ and perhaps to its ultimate point of disposal as well. Transportation involves selection of the mode (e.g.‚ air‚ rail‚ water‚ truck‚ or pipeline)‚ the routing of the shipment‚ assuring of compliance with regulations in the region of the country where shipment is occurring‚ and selection
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cash registers. Inventories had their own ledger book‚ meaning that the two systems were entirely separate out of necessity. With the advent of modern computer technology‚ it has become possible to combine the two systems into one digital process. While there have been a number of half-and-half systems created that incorporate computer design and sales/inventory control systems using periodic update methods‚ the most advanced systems use a process known as perpetual inventory systems. In a perpetual
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TABLE OF CONTENTS Title Page Rizal’s Life and Work’s............................................................................1 Chapter I Advent of a National Hero.......................................................................2-5 Chapter II Childhood years in Calamba...................................................................6-9 Chapter III Early Educatoin in Calamba and Biñan..................................................10-11 Chapter IV Scholastic Triumps at Ateneo De Manila
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DEFINITION Philip Kotler‚” Logistics is defined as planning‚ implementing and controlling the physical flow of materials from the point of origin to the point of use‚ to meet customer needs at a profit.” Source Philip Kotler‚Marketing management pearson education According to American Marketing Association‚ logistics may be defined as‚ “the management of all activities which facilitates movement and the coordination of
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(To be filled up by the BIR) DLN: PSOC: Republika ng Pilipinas Kagawaran ng Pananalapi Kawanihan ng Rentas Internas PSIC: Annual Information Return of Income Taxes Withheld on BIR Form No. 1604-CF July 1999 (ENCS) Compensation and Final Withholding Taxes Fill in all applicable spaces. Mark all appropriate boxes with an “X”. 1 For the Year 2 Amended Return? 3 No of Sheets Attached (YYYY) Yes No Part I Background Information 4 TIN 5 RDO Code 6 Line of Business/
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INTRODUCTION Wal-Mart is a company based in North America but has become the largest retailer and is larger than any other retail chain in the world. It is clear that Wal-Mart is growing and gaining international power at an alarming rate. Wal-Mart journey from humble beginnings in the 1960s as a folksy discount retailer in the boondocks of Arkansas to a global retailing juggernaut in 2008 was unprecedented among the company of the world: Sales were expected to exceed $400 billion in fiscal 2009. Wal-Mart
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pter Measuring logistics costs and performance Logistics and the bottom line 83 Logistics and shareholder value 88 Logistics cost analysis 95 The concept of total cost analysis 96 Principles of logistics costing 99 Customer profitability analysis 103 Direct product profitability 109 Cost drivers and activity-based costing 111 3 81 LSCH_C03.QXD 12/11/04 12:04 pm Page 82 LOGISTICS AND SUPPLY CHAIN MANAGEMENT This chapter: Outlines the many ways in which logistics management can impact
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