Executive Summary The development of information technology has caused the nature of logistics and supply chain management changing dramatically. Furthermore‚ the relationship between retailer and supplier changed as well due to the changing of retail exchanges. As retailers are going to gain much more business opportunities and reduce cost on supply chain‚ it has affected the supplier in somehow. According to the change‚ there are some issues cannot be ignored because of the importance of the
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“The automobile industry versus the economic crisis” The economic crisis in 2008 has shown that the global economy is not as rigid and indestructible as it was thought to be. The crisis has brought staggering levels of unemployment‚ even to the most prosperous and sturdy economies of the world‚ a sharp contraction within the labor market‚ it has reduced consumer spending in general and it shook currencies and GDP’s to their foundations. Not to mention the required bailouts which were paramount
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Logistics is the process of strategically managing the procurement‚ movement and storage of materials‚ parts and finished inventory (and the related information flows) through the organization and its marketing channels in such a way that current and future profitability are maximized through the cost-effective fulfilment of orders. supply chain management The management of upstream and downstream relationships with suppliers and customers to deliver superior customer value at less cost
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The role of government in fostering intermodal transport innovation: Freight transportation systems are very important all over the world and are considered to be very significant to the world for regional and local economies (Konings & H. Nijkamp‚ 2008). The author has explained that using 1994 gross national product numbers freight transportation made 6.3 per cent of total expenditure (Knoning & H. Nijkamp‚ 2008). Freight transportation represents a percentage of total expenditures 38.52 per
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Transport or transportation is the movement of people‚ animals and goods from one location to another. Modes of transport include air‚ rail‚ road‚ water‚ cable etc. In Guyana‚ transportation is a major issue among many commuters. When commuters complain‚ the authorities place notices in the newspapers‚ informing the public that fare increases have not been approved‚ advising commuters not to pay the increased fares. However‚ not paying the requested fares may result in an assault on the commuter
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Assignment 1. There are five logistics/supply chain stories in the video. Suggest an appropriate title that you would give to each story. (10 marks) FarEastFlora- “Delivering love to the one’s we love” Transporting the animals- “Sizing up the Sheep” WLNA- “Keeping it cool on this Sunny Island” NTUC supply chain- “Right product‚ right quantity‚ at the right time!” Keppel Logistics- “The life and benefits of logisticians” 2. What type of logistics does each story belong to? (10 marks)
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China’s transportation system is rapidly expanding to support economic growth‚ meet projected global intermodal freight demands‚ and promote expansion into underdeveloped regions of the country. Given the current understanding of intermodal freight movement that was not available when the United States developed its port capacity‚ the purpose of this scan was to identify how China provides intermodal access to its new‚ greenfield maritime ports and the possible application of those methods in the
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475: Supply Chain Logistics (Fall 2013) (Homework #6) Due: November 20th‚ 2014 This is a group assignment. Each group need to submit one (hard copy) of the report in class on November 20th. Problem 1 (20 Points): Two plants are to serve three market points through one or two warehouses. Volume flowing either to or from each point‚ and the associated transportation rates and location are given as follows: Point No Point i X-coordinate Y-coordinate Volume Vi (cwt.) Transportation Rate ($/cwt./mi)
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Transportation: Is it all it is made out to be? Imagine being in a place where your immediate surroundings were all you knew. Before transportation‚ something taken so easily for granted in today’s society‚ all activities took much longer than necessary. Henry Ford‚ the creator of the very first car‚ was truly the man who sparked the idea of transportation. Without him transportation would be a distant dream at best. It was established so common like sneezing‚ coming simply to Earth. Transportation
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many companies are automating their logistics processes by setting up supply chains that connect them with their customers and suppliers. Simply defined‚ logistics is a practice that ’s used to determine how to move people and materials most efficiently between a source and a destination. The "chain" metaphor is used to describe a group of companies connected loosely‚ all collaborating on the most efficient and economical delivery of a product. Logistics management requires that equipment
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