Subject: Logistics Management Total marks 80 Case 1 (10 Marks) M/s Britecolor Paints Ltd. (BPL) is a manufacturer of decorative paints for households commercial premises and industrial application. (a) M/s. BPL had embarked on a policy of satisfying every possible customer in respect of shades‚ delivery and durability. Thus it went ahead and created twenty-five depots‚ one almost in every major city. The manufacturing base however‚ was maintained at Pune. The factory received information
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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
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Benson James ECO 372 Fundamentals of Macroeconomics 08 October 2013 The gross domestic product (GDP) is defined as the market value of all goods in any country at any specific time. The gross domestic product is frequently used to establish a country’s wealth or standard of living. Even though the GDP is supposed to determine a country’s economic health‚ many nonbelievers think the gross domestic product does not account for the underground economy. An underground
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Master Thesis Developing a Framework for Decision Making in Inbound Logistics Ownership Taking for LCCS – An Empirical Study Maastricht University School of Business and Economics Academic Year 2008/2009 Zhang‚ Qin (Student ID: i579246) Master of Science of International Business Track: Supply Chain Management Thesis Supervisor: Dr. Lieven Quintens Maastricht‚ Nov 12th‚ 2009 I Acknowledgements My study of the master program at Maastricht University comes to an end with the completion of
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ECON 201: Introduction to Macroeconomics Midterm Exam 1: Answer Packet October 10‚ 2011 NAME: _________________________________ Circle your TA’s name: Circle your section time: Agustin 9 a.m. Brian 3 p.m. Meysam Directions: This test is in two parts‚ a multiple choice question part and a short-answer part. Use this answer packet to complete the exam. Calculators are permitted. Books‚ notes‚ reference materials‚ etc. are prohibited. Good luck! Part 1: Referring to the questions in the Multiple
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Fundamentals of Macroeconomics In order to accurately understand countries true economic outlook a person must consider many values. There is not just one value‚ although some may be better indicators than others. From purchasing of groceries‚ massive layoff of employees‚ to a decrease in taxes‚ each affects not only governments and businesses‚ but the general household as well. It is important for everyone to have a general understanding of how money flows within his or her economy from
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Principles of Macroeconomics Coursework Rodoula Makri ECON101-EN Question 1: a) Price of substitute good falls - As seen on the diagram above when price of substitute product A rise‚ then demand for substitute product B rises accordingly. Positive relationship between the two. Shift to the right. b) Taste shifts away from the good - Whe the taste shifts away from the good it becomes less desirable‚ making its demand for it decrease. Shift to the left. c) Price of complimentary good
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Logistics from a Historical Perspective R-Jay P. Quiambao‚ CIE Defining Logistics • The origin of the term logistics comes from the French word ―logistique‚‖ which is derived from ―loger‖ meaning quarters (as in quartering troops). 2 Defining Logistics • The practice of logistics in the military sector has been in existence for as long as there have been organized armed forces: – the supply‚ movement‚ and maintenance of an armed force both in peacetime and in battle conditions. 3 Logistics
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Principles of Logistics Management Istanbul 2012 12.12.2012 2 Logistics Management • Logistics is the art and science of managing and controlling the flow of goods‚ energy‚ information and other resources from the source of production to the marketplace. • Logistics Management is the process of planning‚ implementing and controlling the efficient‚ effective flow and storage of goods‚ services‚ and related information from point of origin to point of consumption for the purpose
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Contents Summary 2 The flow of inventory 2 The improvement of logistics 2 Inventory Cost 3 Delivery Process 4 Other company initiatives to Gain Profitability 4 Launching Amazon in the UK and Germany 4 Launching Amazon in France 4 Amazon’s challenges 5 Globalization and localization 5 Theories 7 Integrated Supply Chain 7 8R’s 8 Supply Chain Issues 9 Appendix 10 Summary The flow of
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