1. Supply chain management consists of firm collaborating to leverage strategic positioning and to improve operating efficiency. Within a firm’s supply chain mgt‚ logistic is the work required to move and geographically position inventory. The supply chain mgt is driving the world’s major global companies. Ten years ago‚ the typical supply chain for manufacturing companies was domestic. Today-thanks to the migration of manufacturing to China and other lower-cost countries-it’s just as likely to
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Logistics is the management of the flow of resources between the point of origin and the point of destination in order to meet some requirements‚ for example‚ of customers or corporations. The resources managed in logistics can include physical items‚ such as food‚ materials‚ equipment‚ liquids‚ and staff‚ as well as abstract items‚ such as information‚ particles‚ and energy. The logistics of physical items usually involves the integration of information flow‚ production‚ material handling‚ packaging
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STUDY OF PROFITABILITY OF A LOGISTICS COMPANY USING ECONOMETRICS TOOLS Executive summary This study examines the impact of three factors‚ namely Sales‚ Fixed assets and Interest paid on the profitability of a logistics company. Econometric tool of multiple linear regression model was used for analyzing the impact of above factors on profitability of a major logistics company GATI Limited. Based on the financial data of last 10 years 2000-2009 the regression analysis has revealed that profitability
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inboundlogistics.com/cms/article/snapshot-food-logistics-a-lineup-of-challenges/ http://blog.mytmc.com/2013/08/22/logistics-collaboration-a-great-idea-if-you-can-make-it-work/ http://www.foodlogistics.com/article/10879716/food-on-the-move http://www.chrobinson.com/en/us/About-Us/Newsroom/Press-Releases/2008/Ocean-Spray-Awards-CHRW-Supplier-of-Year/ http://www.oceanspray.com/PDF/Ocean-Spray-Environmental-Stewardship-2012-DIGITAL.aspx#page=10 Case study 4-2 1) What rationale is offered by Ocean
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Introduction: According to Beevers and Rea (2010)‚ "An effective L&D practitioner knows what is required of them and enjoys building their capability to meet the requirements. Once they have developed a sound base of essential skills and knowledge continues to seek new learning experiment with approaches and keep renewing their abilities as learning and development professionals". "L&D job titles include: Trainer‚ L&D Consultant‚ Training Adviser‚ and Training Hence CIPD –as per Beevers and Rea
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FORD MOTOR COMPANY AND PENSKE LOGISTICS CASE STUDY KEVIN BRAVO EMBRY RIDDLE AERONAUTICAL UNIVERSITY MARCH 4‚ 2012 Abstract In this case study I would highlight the importance of Penske Logistics to Ford Motor Company‚ one of the world’s largest automotive manufacturers. Penske has a good reputation and are highly valuable in the logistics field. They are very famous in using a process that identifies and removes errors efficiently with a set of tools that increases productivity in the
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Final exam logistics 1.) Ikea case: (the 3 main topics) a. Competition between suppliers The structure of Ikeas logistic creates a high competition between their suppliers. It is because Ikea is subdivided into (many) Trading Areas‚ which compete for the commissions the headquarters of Ikea (Ikea of Sweden) gives. Each Trading Area tries to find the best thus cheapest solution for producing and delivering a product‚ so each of them negotiate with their suppliers and make an offer to the headquater
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to Jeffrey. Another goal Jeffrey talked about for Arcadia is to bring all people of Ames to eat there‚ both Iowa State students and Ames community members. Jeffrey and her husband went to school at the University of Iowa downtown Iowa City was integrated within the University campus. “Ames is not like that‚” Jeffrey said. “Ames is very segregated.” Because of this‚ Jeffrey and her husband aim to “change the culture” in Ames. Jeffrey said that
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Chapter 1 An overview of logistics Economic impacts of logistics Economic utility (the value or usefulness of a product in fulfilling customer needs or wants) 4 general types: * Possession utility : the value or usefulness that comes from a customer being able to take possession of a product * Form utility : a product’s being in a form that can be used by the customer and is of value to the customer(allocation; smaller quantities that are desired by customers) * Place utility :having
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DEFINITION Philip Kotler‚” Logistics is defined as planning‚ implementing and controlling the physical flow of materials from the point of origin to the point of use‚ to meet customer needs at a profit.” Source Philip Kotler‚Marketing management pearson education According to American Marketing Association‚ logistics may be defined as‚ “the management of all activities which facilitates movement and the coordination of
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