Logistics management covers every stage of the physical distribution process‚ from raw materials and component parts being ordered and delivered to the factory‚ materials handling and storage‚ stock control‚ sales forecasting from which the forecasts of individual components parts‚ transport and storage requirements are derived. Other functions include order processing‚ the purchasing and replenishment of stock‚ packing‚ delivery‚ achievement of set service levels‚ warehouse location‚ fleet
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NATIONAL LOGISTICS MANAGEMENT (Provide services to expedite premium freight to its customers!) Introduction: In less than two decades National Logistics Management has already become one of the most successful and fast growing logistics companies of the USA. Despite increasing competition in logistics‚ NLM continues to adapt itself to the changing environment. Suffice to state just one fact: two years in a row ( in 2004 and 2005 respectively) - two reputable and well-known magazines- Inc. magazine
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especially well while pursuing its vision. Wal-Mart has plenty of core competencies‚ whether they are little or big‚ however the bigger ones are more noticeable. Wal-Mart’s top five core competencies are; low cost operations‚ distribution‚ culture‚ logistics systems‚ and environmental awareness. 1. Low cost operations. When serving customers and members over 200 million times a week‚ Wal-Mart must have something the people want. With some of the lowest prices ever on everything from toothpaste to
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Adobe’s distributors started selling the old software locally. Solution: Companies could better manage their logistics systems integrated with the customer relationship management as a result of using advanced logistics information systems like electronic data intrechange and advanced order processing systems. Adobe faces a problem because ot not using these technologies efficiently. They could have set up a logistics program easily so that they got track of their old customers. For example when
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Abstract/Introduction : Logistics is the one important function in business today. No marketing‚ manufacturing or project execution can succeed without logistics support. ’Logistics ’ is the management of the flow of resources‚ not only goods‚ between the point of origin and the point of destination in order to meet the requirements of customers or corporations. Logistics is one of the main functions within a company. The main targets of logistics can be divided into performance related and
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Inventory Management of a Fast Fashion Fast-Fashion Retail Network Felipe Caro UCLA Anderson School of Management fcaro@anderson.ucla.edu 2012 KUMPEM FORUM ANNUAL RETAIL CONFERENCE Koç University May 18‚ 2012 University‚ 18 Caro: “Inventory Management of a Fast-Fashion Retail Network” Industry-Academia Collaboration • Felipe Caro‚ UCLA Anderson • Jé é i G lli Jérémie Gallien‚ London Business S h l L d B i School • Miguel Díaz‚ Zara CFO • Javier García‚ Zara • José Manuel Corredoira‚ Zara
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Introduction Definition: Logistics… “The planning‚ implementing‚ and controlling the efficient‚ cost effective flow and storage of raw materials‚ in-process inventory‚ finished goods and related information from point of origin to point of consumption for the purpose of meeting customer requirements”. (Canadian Association of Logistics Management‚ 1995). Simply put it‚ logistics is about managing the flow of materials be it raw or finished product‚ information & finances in the supply chain‚ a
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The Role of Logistics in the Organization Logistics is critical to the success of every organization. Once considered an important behind-the-scenes operational activity‚ logistics is now recognized as a strategic tool for creating customer value and loyalty. Companies like Wal-Mart‚Coca Cola‚and Nike attribute a great deal of their success to their global logistics systems. They realise that integrating activities within the organization and across the logistics pipeline‚ building strong relationships
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(British – Dutch) multinational consumer goods company. Its products include foods‚ beverages‚ cleaning agents and personal care products. It is the world’s third largest consumer goods company measured by 2011 revenues after Procter & Gamble and Nestle and the world’s largest maker of ice cream. Unilever has a primary listing on the London Stock Exchange it has market capitalization of £27.3 billion as of 23 December 2011‚ the 18th largest of any company with a primary listing on the London Stock
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service provider for work traditionally done in-house. Outsourcing could also be defined as the use of external agents to perform one or more organisational activities. In the last decade or so there has been a trend‚ particular among large scale companies‚ to hand over the whole or part of the distribution function to the external agents. One should emphasis that outsourcing is an issue that is not specific to distribution. Many other organisational functions‚ such as information system‚ building
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