expedited carrier‚ but not necessarily one that would provide the best price or service. Premium freight expenses are often contained within general inbound or outbound freight budgets‚ and are not singled out as separate line items. The entire process of ordering premium freight has been revolutionized‚ however‚ by the emergence of third-party logistics companies. These companies are unbiased in their choice of carriers‚ using performance data to make their selections. TNT Express is one of the premium
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Discuss the growing demand for logistics. (10m) The reason for the rapid growth of the logistics industry can be attributed to the fact that a majority of the companies dealing in logistics operations target clients of medium size instead of targeting the stalwarts of the logistics industry. Nowadays‚ the advance IT technologies had make the internet retail or online shopping is growing rapidly and this will be an increasing source of demand for both large and smaller logistics units. For example‚ Groupon
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HubSpot: Inbound Marketing and Web 2.0 HubSpot is an online marketing software company that utilizes inbound marketing‚ a system which pulls prospective customers to a business and its products. Although inbound marketing has been highly successful and the company has reached its milestone of 1‚000 customers‚ HubSpot is now faced with the dilemma of which direction to steer towards‚ while considering the viability of inbound marketing at a larger scale. HubSpot must decide whether to target the
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Group Project Report Lecturer: Matthew Chow Target: WellcomeTotal: 2‚501 words Group members:Lau Tsz Hang 53111868 Ho man Lung53015520 Au Ho Shing 53015567 Chan Wing Chun 53013168 Contents TOC \o "1-3" \h \z \u Background PAGEREF _Toc341707402 \h 3Procurement PAGEREF _Toc341707403 \h 4Procurement process PAGEREF _Toc341707404 \h 4Hong Kong Merchandizing System PAGEREF _Toc341707405 \h 5Information System PAGEREF _Toc341707406 \h 6Electronic Data Interchange (EDI) PAGEREF _Toc341707407
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PROOF CHAPTER 1 LOGISTICS AND SUPPLY CHAINS Contents Learning objectives 3 Role of logistics 4 Supply chains 8 Aims of logistics 14 Activities of logistics 18 Importance of logistics 22 Chapter review 28 Case study – Ace Dairies 29 Project – useful websites 30 Discussion questions 31 References 31 Further reading 32 LEARNING OBJECTIVES After reading this chapter you should be able to: • understand the broad role of logistics • see how logistics support the operations of an organisation
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Warehousing is a place for company to store their good and stuff. Besides‚ there will be inbound and outbound for the transportation and warehousing. For transportation‚ the inbound is meaning that the goods or partly goods are send to the company/ warehouse from other place. Inversely‚ the outbound is meaning that the goods are send to the retailer or the outlets from company. (Genco.com‚ 2014) For warehousing‚ the inbound and outbound is considering as a flow in and flow out of product in the warehouse
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12 Distribution Channels and Logistics Management 12.1 The nature of distribution channels Why are marketing intermediaries used? Why use intermediaries? Means giving up some control over how and to whom products are sold – They are used because they have greater efficiency in making goods available to target markets – Contacts‚ experience‚ specialization‚ scale of operation – N-to-M direct selling‚ N-to-1 + 1-to-M through channel – Producers make narrow assortments in large quantities
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With the Cement industry showing a downward trend in profit margins‚ better logistics management proves beneficial to many of the cement manufacturers. Let us explores the various modes of logistics that can provide a cost-effective means of cement transportation. Cement‚ being a bulk commodity‚ transporting is a costly affair. The selling and distribution costs account for around 21% of production cost. In 2009-10‚ top 30 cement companies spent more than Rs 10‚000 crore to carry cement to the consumer
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Examination Paper of Logistics Management IIBM Institute of Business Management Examination Paper MM.100 Distribution & Logistics Management Section A: Objective Type & Short Questions (30 marks) This section consists of Multiple Choice & Short Note type questions. Answer all the questions. Part one carries 1 mark each & Part Two carries 5 marks each. Part One: Multiple Choices: 1. It deals with the movement of finished goods from the last point of production to the point
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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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