Chapter 1 Introduction The development of Integrated Reporting is designed to enhance and consolidate existing reporting practices‚ to move towards a reporting framework that provides the information needed to assess organizational value in the 21st century. The traditional reporting model was developed for an industrial world. Although it continues to play a valuable role with respect to stewardship of financial capital‚ it nonetheless focuses on a relatively narrow account of historical financial
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SCM 460 GLOBAL SUPPLY CHAIN STRATEGY Dr. Alex Rodrigues Logistics / Manufacturing Interface & Lean Logistics Class Topics • Topic 1: – • Describe the steps of Design For Logistics (DFL) Topic 2: – Understand the philosophy of Lean Manufacturing/Logistics Procurement Perspectives • Continuous Supply: Stockouts of raw materials or components can stop production and result in extreme cost. • Minimize Inventory Investment: One goal of modern procurement is to maintain continuous supply with
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References: Reading Lists Fuller‚ J. B.‚ O’Conor‚ J.‚ and Rawlinson‚ R.‚ May-June 1993‚ “Tailored Logistics: The Next Advantage”‚ Harvard Business Review. Hutt‚ M. D.‚ and Speh‚ T. W.‚ 1998‚ “Business Marketing Management – A Strategic View of Industrial and organisational Markets”‚ Dryden Press. Walters‚ D.‚ 2002‚ “Operations Strategy”‚ Palgrave Macmillan
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What is Logistics? Overshadowed behind all the excitement given to supply chain management and the technology developed to support it is a lesser known part of the business operations known as logistics. Some might regard logistics as mundane and staid compared to other supply chain initiatives but they don’t get the whole picture. However‚ logistics professionals and knowledgeable managers know that to fulfill customer orders effectively and efficiently‚ a business should employ a good logistics
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student.They are talking about the new trends of logistics areas.The useful words which may be involved in the dialog are as follows.Please try to design the dialog. J（John） T（Tom） T: Hello Mr.Jonh‚these days I have read some books on the the trends of logistics in the future.But I found that articles about the field is not as enough as I expected. I think the problem has an important significance for the future development of logistics. So I would like to ask your opinion about this
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Case question 1 Variable manufacturing costs as a percentage of sales and the markup on variable manufacturing cost to establish the selling prices for each of the three product lines in 2008 en 2010: Compared markup 2008 and 2010: The markup is lower in 2010 because Luxor lowered the selling prices for lipstick in 2009 and for nail polish in 2010. They had to do this because the discount chains continued to put pressure on them to reduce the prices for lipstick and nail polish. Case
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ST Logistics Pte Ltd (STL) is a company that deals in Contract Logistics & freight management. It started off in 1983 when they are awarded SAF logistics contract by MINDEF (Singapore Ministry of Defence) managed by Army Logistics Base (ALB) The Function of ST Logistics is to outsources purchasing and storage by ABL. It also acts as the contact point between ALB and suppliers In 1999 STL merged with SembCorp Logistics and in the year 2005‚ STL was acquired by Toll Group (Australia).
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1. What is reverse logistics (RL)? How does it differ from forward logistics Reverse logistics is the process of planning‚ implementing‚ and controlling the efficient‚ cost effective flow of raw materials‚ in-process inventory‚ finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal. More precisely‚ reverse logistics is the process of moving goods from their typical final destination for the purpose of
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have a lot of technical requirements to be met‚ have a lot of contractual obligations to be taken care off on account of which many suppliers due‚ that with regards to their limited resources and skills which refrain from participating. The Defense Logistics Agency can greatly enhance its performance by developing the current vendors to the level
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Group members : Kelvin Khor (31659593) Clement Chan (31687481) Tracy Ong (31704842) Wai Yian Ching‚ Fiona (31689822) 1 Content Page 1.1 1.2 Introduction IMC Model 3 5 1.3 Stage one: advertising 1.3.1 1.3.2 1.3.3 1.3.4 Ambient Underground advertising Internet advertising Advertising through magazine 6 6 9 12 15 1.4 Stage two: conversations 1.4.1 1.4.2 1.4.3 1.4.4 Direct mail Store cards Vouchers Consumer trade shows 17 17 18 20 21 1.5 Stage three:
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