Discuss the relationship between Supply Chain Management and Logistics Management. What are the repercussions of these terms being used interchangeably? The relationship between logistics and supply chain management is the flow of products‚ services‚ information and funds between supply chain stages in which organizations plan‚ implement and control flows in order to effectively and efficiently fulfill customer requirements (Christopher 2011‚ p. 2). Although both management functions share a
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Managing product returns for reverse logistics This paper provides a framework to manage product returns for reverse logistics. It takes a specific product catalog in India as an example. It utilizes an integrated framework to estimate returns of products. Next step‚ it makes decisions on operations‚ such as disposition‚ location and capacity of facilities. After that‚ take strategic‚ operational and customer service-related constraints into to consideration to give a time horizon for returned
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Information Technologies in Logistics Management Anil Gurung University of Texas at Arlington Department of Information Systems and Operations Management‚ College of Business Administration Office: Room 630 Business Building Box 19437 701 S West St. Arlington‚ Texas 76019-0437 Voice: 817.272.3528 Email: gurung@uta.edu ABSTRACT This paper analyzes the impact of information technologies (IT) on logistics by conducting a survey of literatures on academic logistics journals and practitioner journals
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ISSUES AND CHALLENGES OF LOGISTICS IN MALAYSIA: A PERSPECTIVE By Mohd Hafizzuddin Md Damiri Summary In the Asia Pacific region‚ the potential for growth in logistics is very promising.Although Malaysia ’s economic growth rate is increasing‚ but advances in logistical in this country is still on modest level. Under the Third Industrial Master Plan (IMP3)‚ which was launched in 2006‚ Malaysia’s logistics development were charted carefully and diligently as to keep on pace with other countries in
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Table of Contents Abstract 2 1.0 Introduction 2 2.0 SCM Capabilities 3 3.0 Impact Analysis of Current Global Uncertainty 10 4.0 Conclusion 11 6.0 Bibliography 12 7.0 Reference List 13 Logistics Capabilities: the path to competitive advantage Abstract A comparative analysis on the logistics capabilities of the major suppliers collaborating with Company A‚ the Australian subsidiary of a leading global company‚ and Company B‚ a smaller Australian owned business. The analysis will
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Logistics and supply chain management are not new ideas. From the building of the pyramids to the relief of hunger in Africa‚ the principles underpinning the effective flow of materials and information to meet the requirements of customers have altered little. Throughout the history of mankind wars have been won and lost through logistics strengths and capabilities – or the lack of them. It has been argued that the defeat of the British in the American War of Independence can largely be attributed
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The United States of America has gone through many different economic ups and downs‚ two of the most horrific downturns would be the current recession and The Great Depression though out 1929 to 1939. The cause of these two economic events cannot be blamed on one single person or a group‚ but on the United States as a whole who neglected to perform their economic duties. While these two deflationary periods in our economy have several differences‚ they have many similarities as well‚ such the difficulty
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“The 10 Keys to Global Logistics Excellence” The constant population grow‚ globalization and economic growth makes logistics a primary focus for business‚ especially big ones. Thomas Friedman said: “supply chaining” is fundamental as barriers to trade and interdependence are reduced across the globe.” That pretty much means that every day proper logistics are more fundamental to business to succeed and prosper. Fundamental changes across many areas of business‚ politics and the supply chain
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Atulya grover Unit 14 P2/M1 In this task I will explain the impact of relevant legislations / regulations on two types of employment contract of the company New Forrest logistics as well as analyse the impact of the legislation of the two contracts of the company. Contract 1 The key contrasting differences between the two contracts in question is that contract 1 the job title is for a secretary. Its hours of work are stated as 16 hours a week. Which means that it is part time temporary employment
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depression‚ recession‚ or both at some point in time. A depression is much more severe than a recession. A recession leads to a depression. The best way to determine whether your country is going through a depression or recession is to look at the changes in the national gross product. When a country’s gross domestic product declines by more than ten percent‚ you are encountering a depression. In the United States‚ we experienced a the Great Depression during the 1930’s while the Great Recession started
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