her students to go to the Logistics Companies in Subic Bay Freeport Zone (SBFZ) to make a research of their profiles. It was like a “thunder and lightning in the middle of a sunny day that strikes us.” At first we thought that it is only one of her jokes but we later realized that she’s serious when she told us that we really need to complete the activity as a final requirement in her subject and to make us know and distinguish different Freight Forwarding and Logistics Companies regarding their
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Genentech is one of the world’s leading biotechnology companies focusing on therapies for cancer‚ heart attacks and others. Its industry is marked by rapid and accelerating (technological) change‚ thus internal resources and capabilities form the main basis for competitive advantage and strategic orientation. In line with this resource-based view this essay will analyze the company’s resources and capabilities following Porter’s “Value Chain“ approach. Building on this they will be evaluated in terms
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achieve the goal of growing their franchised Internet cafes business‚ an efficient‚ flexible and cost-effective logistics system is what they need for the provision of equipment to the franchisee. Since logistics is one of the non-core activities that is perceived as a bottleneck for scalability‚ the present logistics system of elc will be reviewed and findings of whether to outsource the logistics system will be presented to the management team. Background of easyGroup Stelios Haji-loannou
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The University of Memphis | Third Party Logistics | Past‚ Present‚ and Future | | Joseph Fox Kelly Gray David Henry Corin Love MKTG 3620 24 April 2012 Dr. Feng Table of Contents 1. General Information 2 ISP’s 2 3PL’s 3 Decision Making 4 2. History of 3PL’s 4 Trucking Regulations 5 Railroad Regulations 6 Rise of 3PL’s 7
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Evaluate the scenarios internal controls and reveal their weaknesses Dora I. Gonzalez Devry University Abstract Why Internal Controls? An efficient internal control system aids the company to achieve its mission and accomplish set objectives and goals. An effective internal control systems helps promote orderly‚ economical and efficient operations‚ along with producing quality products and services consistent with the company?s mission. Safeguard resources against loss due to waste
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Powell Logistics Inc. Executive Summary Powell Logistics Inc has been in the trucking business for over 50 years. The president and founder‚ John Powell finds himself in a dilemma as he has a difficult decision to make. This dilemma relates to making the right strategic choice for future of the company he started and grew. With the major changes happening in the trucking industry he wondered whether it was time to expand the business and simplify operations or to step down as president and pass
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EXECUTIVE SUMMARY This paper will evaluates the role of information technology and how it affects internal audit process in banking industry. The study will also stresses on how IT affects internal control (control environment‚ risk assessment‚ control activities‚ information and communication and monitoring) and provides guidelines and best practices in evaluating techniques available to effectively perform auditing tasks internally. It will addresses how technology‚ Information system (IS) and
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Enterprises in Logistics Management. A PROJECT REPORT Under the guidance of Mr. Shriram Viswanathan Submitted by Binu Malhotra (Registration # 571012236) in partial fulfillment o f the requirement for the award of the degree Of MBA IN OPERATIONS MANAGEMENT September 2012 ACKNOWLEDGEMENT I take this opportunity to express my sincere gratitude towards the pillars of successful completion of this study on “Small and Medium Enterprises in Logistics Management
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External/Internal Factors Dell is considered a very successful company. According to Govindarajan & Gupta (2005) one of the successes is its customer-direct concept that has been practiced since the company ’s inception. The concept involves dealing with customers directly and not through a third party‚ which helps maintain the quality of the relationship with its customers and also the products. In addition‚ this concept allows Dell to eliminate unnecessary inventories‚ warehouse space and storage
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Case Study 2 – Internal Control A review of policies and procedures for LBJ Company has been conducted‚ and there is a distinct lack of internal control that must be addressed in order for the company to go public. Internal control is identified as: “the process designed to ensure reliable reporting‚ effective and efficient operations‚ and compliance with laws and regulations” (Edwards‚ 1994). Additionally‚ to attract prospective investors‚ LBJ Company must follow the guidelines identified by the
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