Case Abstract- Logistics industry in India has seen a tremendous growth in the last decade. In 2010 it recorded revenues of about US$ 82 billion. It generates employment for 45 million people in the country. The industry is forecasted to grow at a CAGR of approximately 8-9% over the next few years. The primary growth drivers in the industry are: Investments in the infrastructure sector Streamlining of indirect tax structure with introduction of VAT and the proposed GST Robust trade growth
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The essay will discuss the concepts and the importance of logistics in our global word. It will then move to the recent climate change and its impact on our world with particular reference to logistics and GHG emissions relationship. The write up will follow up with the EPA and other agencies reactions and discuss the impact and the changes in the logistics management by the companies around the world. SUPPLY CHAIN MANAGEMENT Supply Chain Management refers to the flows of processes though which
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Question No. 1. Write Short Notes on: 1. Materials Requirement Planning Material Requirements Planning (MRP) is a computer-based production planning and inventorycontrol system. MRP is concerned with both production scheduling and inventory control. It isa material control system that attempts to keep adequate inventory levels to assure that requiredmaterials are available when needed. MRP is applicable in situations of multiple items with complexbills of materials. MRP is not useful for
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Logistics Logistics is the management of the flow of goods‚ information and other resources‚ including energy and people‚ between the point of origin and the point of consumption in order to meet the requirements of consumers (frequently‚ and originally‚ military organizations). Logistics involves the integration of information‚ transportation‚ inventory‚ warehousing‚ material-handling‚ and packaging‚ and occasionally security. Logistics is a channel of the supply chain which adds the value
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www.pwc.com/tl2030 Transportation & Logistics 2030 Volume 4: Securing the supply chain Strategies to help companies take an active role in improving supply chain security. Acknowledgements The editorial board of this issue of our Transportation & Logistics 2030 series consisted of the following individuals: PwC Klaus-Dieter Ruske +49 211 981 2877 klaus-dieter.ruske@de.pwc.com Dr. Peter Kauschke +49 211 981 2167 peter.kauschke@de.pwc.com Gautam Basu +358 5040 16830 gautam.basu@fi.pwc
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CH1 60. (p. 2) What are the three reasons negotiations occur? Negotiations occur for several reasons: (1) to agree on how to share or divide a limited resource‚ such as land‚ or property‚ or time; (2) to create something new that neither party could do on his or her own‚ or (3) to resolve a problem or dispute between the parties. 70. (p. 15) Describe the strategies and tactics a negotiator would employ in a distributive bargaining situation. In distributive situations negotiators are motivated
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Inbound Tourism of South Africa There are two main factors in recent history that contributed to the increased number of Inbound Tourists to South Africa. The First would be because of the political history of South Africa. After the Second World war there were serious segregation laws implemented. Separating blacks from whites – they named it Apartheid. Play clip: http://www.youtube.com/watch?v=Rz4F_InsBeo If you were a tourist in South Africa and you weren’t white you would have to make
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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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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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Integrated Virtual Logistics Network for Quick Responses By Diatha Krishna Sundar October 2001 Please address all correspondence to: Professor Diatha Krishna Sundar Associate Professor & Chairperson - ERP Centre Indian Institute of Management Bangalore Bannerghatta Road Bangalore 560 076 Phone : 080 - 6993276 Fax : 080-6584050 E-mail : diatha@iimb.ernet.in Electronic copy available at: http://ssrn.com/abstract=2160390 Working Paper on Integrated Virtual Logistics Network for Quick Responses
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