at an acceptable cost is the challenge of logistics. It’s an area that embraces purchasing and supplier management‚ materials management and manufacturing‚ inventory management and warehousing‚ distribution and transport‚ and customer service. With all this said I do believe that the corporate world can benefit from anticipatory logistics. First there must be a definition of what "anticipatory" logistics really is. Just like some might interrupt "logistics" and "Supply Chain Management (SCM)" as being
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Reverse Logistics in Indian Automobile Industry Reverse Logistics is a process in which a product moves in reverse through the supply chain network. It may be used for the purpose of recapturing value of a final product or for even proper disposal. It may also be termed service that the process of planning‚ implementing and controlling the efficient and cost effective flow of raw materials‚ in-process inventory‚ finished goods and related information‚ from the point of consumption to the point of
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Hong Kong Institute of Vocational Education Business Administration Discipline BAN5413 -- Supply Chain & Logistics Module 2010 – 2011 (1st Semester) Assignment 1.0 Introduction The objectives of this assignment are for students: - collating information of real firms and associating them with what have learnt in the lectures; and - applying the knowledge learnt in lectures to analyse the case‚ to identify issues/problems and/or to formulate solutions/recommendations
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ISSUES AND CHALLENGES OF LOGISTICS IN MALAYSIA: A PERSPECTIVE By Mohd Hafizzuddin Md Damiri Summary In the Asia Pacific region‚ the potential for growth in logistics is very promising.Although Malaysia ’s economic growth rate is increasing‚ but advances in logistical in this country is still on modest level. Under the Third Industrial Master Plan (IMP3)‚ which was launched in 2006‚ Malaysia’s logistics development were charted carefully and diligently as to keep on pace with other countries in
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------------------------------------------------- Third Party Logistics (3PL): Benefits and Issues ------------------------------------------------- ------------------------------------------------- Abstract Third-Party Logistics have continued to play a strategic role in the management of supply chains most especially in the developed world over the past years and has seen a consistent increase in its usage in the world. In Malawi the concept is still new and has also been adopted by
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Reduction ROA Improvement Logistics Cost Reduction SCM Some Facts: • Annual Plan Outlay • Fiscal Deficit • Inventory tied up • Logistics Cost • GDP SCM : Rs. 1.13 Lakh Crores : Rs. 1.35 Lakh Crores (5.3% of GDP) : Rs. 1.17 Lakh Crores : 13.6% of our GDP : Rs. 25.57 Lakh Crores Logistics Cost Country Asian region China Japan Korea Singapore Taiwan European region France Germany Italy Netherlands Spain UK Sweden North American region Canada Mexico US GDP (billions) Logistics as % of GDP 14.5 10.5
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The impact of globalisation on logistic service providers (LSP’s) located in Belgium. In the light of the logistics industry we will start with a definition of globalisation and a description of the driving forces behind the ongoing internationalisation process. Secondly we will define the behaviour of the logistic providers in terms of their strategic decisions‚ performance‚ services and international presence following this globalisation wave. An increasing amount of supply chain activities
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7 THIRD PARTY LOGISTICS - A NORDIC APPROACH Tage Skj!Jtt-Larsen) A rni Halld6r.~son‚ Dan Andersson) Heidi Dreyer‚ Helge Virum a nd Lauri Ojala Abstract This paper gives an overview o f the TPL research in the Nordic countries. The objective is to see i f there is a "Nordic .School o f TPL"‚which has some distinctive characteristics in terms o f research methodology‚ theoretical approaches or empirical findings. To achieve this‚ the contribution o f Nordic TPL researchers to the international
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Managing product returns for reverse logistics This paper provides a framework to manage product returns for reverse logistics. It takes a specific product catalog in India as an example. It utilizes an integrated framework to estimate returns of products. Next step‚ it makes decisions on operations‚ such as disposition‚ location and capacity of facilities. After that‚ take strategic‚ operational and customer service-related constraints into to consideration to give a time horizon for returned
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costs‚ KLF would like to consider an alternative distribution strategy in which the five regional warehouses are replaced with a single‚ central warehouse that will be in charge of all customer orders. Part A: Describe how you would design a new logistics network consisting of only a single warehouse. Part B: Provide an outline of such an analysis; what are the main steps? Part C: Specifically‚ what data would you need? Part D: What are the advantages and disadvantages of the newly suggested
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