Unit Code & Unit Title: DL101 Introduction to logistics management 2. Course of Study: Diploma in Logistics Management 3. Year of Study: Year One 4. Year and Semester: Semester 2‚ 2014 5. Reading List: Main Text: 1. Paul R. Murphy‚ Jr‚ Donald F. Wood‚ Contemporary Logistics‚ Pearson education 2. John J. Coyle‚ C. John Langley‚ Jr.‚ Brian J. Gibson‚ Robert A. Novack‚ Edward J. Bardi (2011)‚ Supply Chain Management: A Logistics Perspective‚ 8th Edition‚ Cengage Learning
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1. Did it surprise you that logistics can be such an important component in a country’s economic system? Why or why not? Logistics plays a key role in the economy in two significant ways. First‚ logistics is one of the major expenditures for businesses‚ thereby affecting and being affected by other economic activities. In the United States‚ for example‚ logistics contributed approximately 10.3 percent of GDI in 1996. U.S. industry spent approximately $451 billion on transportation of freight
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and growth of the company over time (e.g.‚ critical incidents) General Motors (GM) was founded in 1908. William C. Durant brought together 25 independent car companies to form one large corporation. Each company held its own identity as GM operated as central administration office for the 25 divisions. Due to high cost in manufacturing of automobiles‚ GM was only able to target wealthy customers who could afford cars. Then Henry Ford‚ owner and founder of Ford Motor Company‚ revolutionizes the
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more stores in malls tweaking the model (4). The relationship with their long-standing 3 PL partner company OHL has been redefined after Mr.Schultz returned as chief executive and have been improved enormously implementing day-today and peer-to-peer relationship instead of having a relationship ‘within arm reach’ as per Greg Javor‚ Vce President of Global Logistics for Starbucks Coffee Company (1). The relationships were leveraged to the key levels between the partners and allowed OHL to react
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– chain and logistics industry includes companies that move raw materials‚ finished goods‚ packages‚ and documents across the globe. It is one of the main phases in value chain concept in international business. The massive increase in the international trade has increased has increased the complexity of company supply chains. MNEs and other internationalizing firms require speed and efficiency in moving goods via supply chains around the world. To fulfil this need‚ competent logistic service providers
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would suspect‚ the mirror image of the supply chain. the demand chain is a sequence of backward-reaching processes‚ initiated by the end-customer‚ that enable companies to anticipate demand characteristics within a given market. Fisher
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TATA MOTORS Tata Motors Limited is an Indian multinational automotive corporation headquartered in Mumbai ‚ India. It is the eighteenth largest motor vehicle manufacturing company in the world by volume. Part of the Tata Group ‚ it was formerly known as TELCO (TATA Engineering and Locomotive Company). Its products include passenger cars‚ trucks‚ vans and coaches. Tata Motors is South Asia’s largest automobile company; it is the leader in commercial vehicles and among the top three in passenger
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GENERAL MOTOR At the new General Motors‚ they are passionate about designing‚ building and selling the world’s best vehicles. This vision unites of GM as a team each and every day and is the hallmark of their customer-driven culture. Based on an article published by Uncommon Thought in 2005‚ one of the biggest concerns relating to the day to day operations of General Motors was the increasingly erratic cost of fuel. Because GM relies on a steady supply of fuel for transportation of their vehicles
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Logistic planning and management largely focus on lowering the cost associated with producing and distributing products under a variety of constraints. Logistics can be meant in different aspects of terms. In the perspective of Customer‚ the definition is getting the right product‚ to the right customer‚ in the right quantity‚ in the right condition‚ at the right place‚ at the right time and at the right cost. In the perspective of utility and value‚ the definition is providing the time and place
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Henry Ford made many contributions to the American economy during the 1920’s. He was a very skilled and intelligent man at that. Henry was born into an Irish immigrant family on a farm in Wayne County‚ Michigan. He became Chief engineer of the Edison Company in Detroit during 1888. In 199 he organized that Detroit auto mobile and in 1903 he introduced the ford motor company model T manufactured in 1908. He was believed to sponsor the development of the moving assembly line in 1914. Henry Ford made
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