Chapter 1 An overview of logistics Economic impacts of logistics Economic utility (the value or usefulness of a product in fulfilling customer needs or wants) 4 general types: * Possession utility : the value or usefulness that comes from a customer being able to take possession of a product * Form utility : a product’s being in a form that can be used by the customer and is of value to the customer(allocation; smaller quantities that are desired by customers) * Place utility :having
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Final exam logistics 1.) Ikea case: (the 3 main topics) a. Competition between suppliers The structure of Ikeas logistic creates a high competition between their suppliers. It is because Ikea is subdivided into (many) Trading Areas‚ which compete for the commissions the headquarters of Ikea (Ikea of Sweden) gives. Each Trading Area tries to find the best thus cheapest solution for producing and delivering a product‚ so each of them negotiate with their suppliers and make an offer to the headquater
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Summer Internship Project Report on To study Kara wet wipes market in the service industry By Mahipal Singh Mehra A0102211045 MBA – M&S Class of 2013 Under the
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1. Supply chain management consists of firm collaborating to leverage strategic positioning and to improve operating efficiency. Within a firm’s supply chain mgt‚ logistic is the work required to move and geographically position inventory. The supply chain mgt is driving the world’s major global companies. Ten years ago‚ the typical supply chain for manufacturing companies was domestic. Today-thanks to the migration of manufacturing to China and other lower-cost countries-it’s just as likely to
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Audrey Kathleen Hepburn was a film and fashion icon of the twentieth century and one of the most beloved actresses of all time. She was born on May 4‚ 1929‚ in Brussels‚ Belgium. As a talented performer‚ Audrey Hepburn was known for her beauty‚ elegance and grace. Born into a wealthy family her father an English banker and her mother a Dutch baroness. Her parents divorced when she was young and Audrey lived in the Netherlands and then London with her mother where she went to a private girls school
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Dell – Supply Chain Management Case Study 1 Case Contents 1. Introduction......................................................................................................2 2. Dell – Company Overview ...............................................................................2 3. Dell Products and Services .............................................................................3 4. Dell – Key Facts ................................................................................
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Logistics process Definition of logistics Logistics is a function that is flexible and changes according to the various constraints and demands imposed upon it. Logistics is - Supply + Materials Management + Distribution and logistics is basically the overall management of distributions and supply. There are many different transport methods including- * Air- This is used to deliver goods fast and also internationally. * Water- This can be used to transport goods slower. Sometimes unreliable
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substantively over the last two decades‚ growing consistently at an average of 8% and is poised to take its place among the leading economies in the years to come. Strong performance of the economy can be particularly attributed to healthy growth in manufacturing and service sector. The economic performance of India has provided strong impetus to the real estate sector‚ which has been witnessing heightened activity in the recent years. Substantial end user and investor interest‚ large scale investment in
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Executive Summary The development of information technology has caused the nature of logistics and supply chain management changing dramatically. Furthermore‚ the relationship between retailer and supplier changed as well due to the changing of retail exchanges. As retailers are going to gain much more business opportunities and reduce cost on supply chain‚ it has affected the supplier in somehow. According to the change‚ there are some issues cannot be ignored because of the importance of the
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suppliers and customers. ERP can be a vital component in controlling complex supply chains and in the fast developing world of e-business and B2B electronic exchanges. Dell Computer’s success in reducing inefficiencies establishes it as a model for many other companies. The Dell Model Dell’s success is based on realizing the strategic power of the supply chain. The core of the Dell model is to deal directly with and sell directly to the customer‚ and build products to order. Dell collapses the value
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