Examination Paper of Logistics Management IIBM Institute of Business Management Examination Paper MM.100 Distribution & Logistics Management Section A: Objective Type & Short Questions (30 marks) This section consists of Multiple Choice & Short Note type questions. Answer all the questions. Part one carries 1 mark each & Part Two carries 5 marks each. Part One: Multiple Choices: 1. It deals with the movement of finished goods from the last point of production to the point
Premium Logistics Supply chain management Management
CALCULATING NATIONAL LOGISTICS COSTS Logistics costs are an important factor affecting the competitiveness of both firms and nations. Firms can enhance their market competitiveness by reducing their logistics costs‚ thus lowering the total costs of goods and services. Greater market competitiveness of a nation’s firms can then give rise to greater national industrial competitiveness on a global scale. Total logistics cost analysis is the key to managing the logistics function. It is important
Premium Logistics
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
Premium Supply chain management Logistics
IIBM Institute of Business Management Examination Paper MM.100 Logistics Engineering and Management Section A: Objective Type (30 marks) This section consists of Mixed Type questions & Short Answer type questions. Answer all the questions. Part One questions carry 1 mark each & Part Two questions carry 5 marks each. Part One: Multiple Choices: 1. Analysis method in which evaluation of alternative design configuration using multiple criteria is a. Level of repair analysis b. Maintenance
Premium Logistics Supply chain management Management
expenses are often contained within general inbound or outbound freight budgets‚ and are not singled out as separate line items. The entire process of ordering premium freight has been revolutionized‚ however‚ by the emergence of third-party logistics companies. These companies are unbiased in their choice of carriers‚ using performance data to make their selections. TNT Express is one of the premium freight providers. They added the values in their service‚ such as providing information during
Premium Supply chain management Logistics Commercial item transport and distribution
Dubai Logistics City Introduction: Dubai Logistics City is part of Dubai government’s development program‚ in 1967 construction began in deep-water harbour‚ initially planned for four berths‚ but after completion it was able to harbour 35 berths. Later‚ a second port was developed in southern part of the city‚ which has become a world’s largest man made port. Dubai Logistics City (DLC) is the world’s first truly integrated logistics platform with all transport modes‚ logistics and value added
Premium Supply chain management Logistics Management
A logistics department of a company Analysis of Business Operations Group 7 Chao Chen Mu Liu Abstract This paper mainly talks about a logistics department of a company which I worked for nearly three years. At first‚ it provides an introduction of this company and its logistics department. And after that‚ it indicates the problem the department faced now and points out the requirements of it when faces those problems. The main problems are too many workers in this department; unfair working
Premium Problem solving Decision theory Decision engineering
THIRD PARTY LOGISTICS Introduction Third party logistics is an important and growing development within the transport industry. It can be viewed from two perspectives viz. operational point and strategic point. From an operational view‚ third-party logistics may include all logistics activities that are outsourced to a logistics service provider. Third party logistics is defined as the use of external companies to perform logistics functions‚ which have traditionally been performed within
Premium Logistics Supply chain management
third-party logistics provider (abbreviated 3PL‚ or sometimes TPL) is a firm that provides service to its customers of outsourced (or "third party") logistics services for part‚ or all of their supply chain management functions. Third party logistics providers typically specialize in integrated operation‚ warehousing and transportation services that can be scaled and customized to customers’ needs based on market conditions and the demands and delivery service requirements for their products and
Premium Supply chain management Logistics
Third Party Logistics – An Overview A third-party logistics firm is a firm that provides outsourced or “third party” logistics services to companies for some portion or all of their supply chain management functions. Typically‚ a core company providing services or products is considered the first party; the customer (or customers) the second party. A third-party‚ then‚ is a firm hired to do that which neither the first or second party desires to do. 3PL typically specializes in integrated warehousing
Premium Supply chain management Logistics