THE FUNDAMENTAL OF LOGISTIC MANAGEMENT AND STRATEGY Xi-Er Dang Abstract This paper provides a basic but fundamental understanding of logistic primarily based on the book of “Logistics Management and Strategy” by Harrison and van Hoek. It will guide you through from the basic definition and concepts to the different supply chain strategies that exist‚ as well as providing a perception on the future logistic development. Explanation of principal terms like logistic‚ supply chain management and
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Logistics and supply chain management are not new ideas. From the building of the pyramids to the relief of hunger in Africa‚ the principles underpinning the effective flow of materials and information to meet the requirements of customers have altered little. Throughout the history of mankind wars have been won and lost through logistics strengths and capabilities – or the lack of them. It has been argued that the defeat of the British in the American War of Independence can largely be attributed
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MASTER IN BUSINESS ADMINISTRATION INTERNATIONAL TRADE AND LOGISTICS 2011 Unit Title : International Trade Policy & Practice Unit number : MTL 504 Assignment number : 2 Submission date : 16th October 2011 Student declaration I certify that the attached assignment is my own work. Material drawn from other sources has been acknowledged according to unit-specific requirements for referencing. …………. ………16th October 2011 …. Name/Signature of
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Improving Logistics at McDonald’s Logistics is the integration of the activities that procure materials‚ transform them into intermediate goods and final products through manufacturing and assembly‚ and deliver them to customers. Comprising all movement of materials from incoming shipments‚ inventory‚ production and the final delivery to consumers‚ logistics managers are responsible for the right goods being where they need to be at the right time. For a firm as large as McDonald’s logistics is an
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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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INTRODUCTION TO LOGISTIC AND SUPPLY CHAIN MANGAGEMENT OMGT 2221 MR LOW CHEE SENG GROUP 8 PAK WEI JIAN (S3418191) GOH CHUAN KIET (S3451654) CHIA KANG CHENG (S3446526) DING YOU MEE (S3446534) TEO MING JIE NATALIE (S3451671) LEE KAY HOE (S3418042) Introduction The purpose of this report is to highlight the Supply Chain issues that the two companies’ faced based on the research we did in Assignment 1 by using SWOT analysis. We will be explaining the
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Matching DELL History: IBM Market Leader in Mainframe –market share 61%‚ starts PC business in ’81‚ in 2 yrs market share is 42% IBM Strategy : • Purchase PC components as against manufacturing inhouse (Main frame) • Open Architecture : OS – Microsoft‚ Microprocessor – Intel ‚ reason‚ to encourage application developers and enhance Peripheral market • Sales : o Largely corporate clients - thought its huge sales force o Retail clients through value added resellers –
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Logistics is the management of goods from point of origin to destination. There are many things to take note of in the current logistics world. Consumers have become more and more demanding due to advanced technology. Advanced technology has brought much convenience to consumers which cause them to demand for fast delivery‚ customization of product and so on. Consumers have different needs and wants and logistic people need to find ways to satisfy those needs and wants. Logistics is essential to
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incentives‚ foreign trade regulations‚ environmental and labor law‚ trade embargo‚ tariffs‚ political stability‚ industrial relations and others. In the context of logistics M&A‚ these will be important especially for firms that are operating in China‚ India‚ Vietnam. Using India as example‚ apart from the non-uniform tax structure‚ logistic companies in India have to pay numerous other taxes‚ octrois‚ and face multiple check posts and police harassment. High costs of operation and delays involving compliance
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THIỆU VỀ CHỈ TIÊU LPI Phần 1: LOGISTICS & TẦM QUAN TRỌNG CỦA LOGISTICS: 1. Logistics: “Logistics là quá trình tối ưu hóa về địa điểm và thời điểm‚ vận chuyển và dự trữ nguồn tài nguyên từ điểm đầu tiên của chuỗi cung ứng qua các khâu sản xuất phân phối cho đến tay người tiêu dùng cuối cùng‚ thông qua hàng loạt các hoạt động kinh tế. (GS.TS Đoàn Thị Hồng Vân Quản trị Logistics – NXB Thống kê 2006). 2. Tầm quan trọng của Logistics trên thế giới: Hệ thống Logistics góp một phần hỗ trợ cho sự phát
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