6293–6313 Implementing just-in-time philosophy to reverse logistics systems: a review Hing Kai Chana*‚ Shizhao Yina and Felix T.S. Chanb b a Norwich Business School‚ University of East Anglia‚ Norwich‚ Norfolk‚ UK; Department of Industrial and Systems Engineering‚ Hong Kong Polytechnic University‚ Hung Hom‚ Hong Kong (Received 27 April 2009; final version received 30 July 2009) Just-in-time (JIT) and reverse logistics are two important philosophies. Coincidentally‚ both are related
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LOGISTICS PRESENTATION OF AAREY MILK CREATED BY: PRADEEP YADAV (02) MIHIR AMBARDEKAR (11) MITHUN SAGAR (20) SAMEER AYIR (22) DHARIT PARIKH (24) E.VINOD KUMAR (28) INTRODUCTION Logistics is the management of the flow of resources between the point of origin and the point
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reasons cited for the interest in 3PL? Ocean Spray Cranberries‚ Inc. offered several reasons for using a 3PL for their transportation and logistics area. They looked at the transportation within the logistics chain and realized there was a lot of variability in this area. The company decided that it wants to centralize and bring all of it’s transportation logistics into uniformity while expanding into new markets. They also feel that they should focus on their core competency‚ “maintaining our leadership
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ANALYSIS OF RESPONSIVENESS VS EFFICIENCY IN SUPPLY CHAIN MANAGEMENT OF PERISHABLE ITEMS A firm’s ability to satisfy customer requirements in a timely manner is referred to as Responsiveness‚ while efficiency is a firm’s ability to deliver goods in accordance with the customer’s expectations with least wastage in terms of raw materials‚ labour and cost. While choosing what supply chain process is to be used‚ the choice one has to make is between responsiveness and efficiency.It is Extremely vital
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Its commitment beyond the market and brings together diverse agencies‚ each with specialized competencies in a bid to empower the Indian farmer. Soya beans and its derivatives were 2/3 of ITC’s agricultural export business. In 1998‚ IBD grossed $100M in agricultural commodities sales while ITC total sales were $2B. Problems Soy Bean Farmers Encountered 1. Inefficient agricultural supply chain system 2. Limited technology resources constrained dissemination of know-how in rural farming
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collaboration is the dynamic combination of 4. What are the steps in the CRM process? b. WIP inventories(No Answer) 1. Information Management 2. transportation rate 3. CORRECT: are associated with manufacturing 4. short run analysis. b. The logistics/supply chain network transformation team(No Answer) 1. CORRECT: must be aware of the firm’s overall business and corporate strategies and the supply chain in which it participates. 2. is one of the most commonly used techniques. 3. on the movement
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Transportation costs make up roughly 60-65% of logistics costs • Transportation capacity and cost management is one of the most pressing issues in operating logistics functions • Transportation also adds value to the product by providing time and place utility for the firm’s goods. 2014 Logistics Cost and Service 2014 Logistics Cost and Service Global Logistics Global Logistics Global Logistics Global Logistics Global Logistics Global Logistics Transportation Management Macro Strategic
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1.0 INTRODUCTION Innovation is a primary concern of industry and logistics services are constantly looking for ways to innovate in order to gain competitive advantage revolutionary. Green innovations can have a major impact in reducing the environmental burden of this industry particularly in terms of pollution and greenhouse gas emissions. The collaborations can also engage with industry and play a role by providing the right environment for companies to innovate. As a result of the global warm
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everything involved in the logistical flow of getting the products from one point to the next. The distribution portion of the supply chain is also called “logistics” and involves aspects such as warehouse management‚ materials handling‚ inventory control‚ packaging and transportation. 3.3 Third party logistics provider Third party logistics providers‚ also known as 3PLs‚ serve a similar role as an internal transportation department. They work with carriers and drivers to manage the scheduling
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1. (a) Discuss the importance of ratio analysis for inter-firm and intra-firm comparisons including circumstances responsible for its limitations .If any (b) Why do you understand by the term ‘pay-out ratio’? What factors are taken into consideration while determining pay-out ratio? Should a company follow a fixed pay-out ratio policy? Discuss fully. ACCOUNTING FOR MANAGERS 2 . A company manufactures a single product in its factory utilizing
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