the logistic function. 2. Discuss how the logistic function contribute or can contribute to achieve the corporate objectives. 3. What are the benefit and challenges of outsourcing the logistic function to 3PL 0r 4PL service providers. 1.0. Introduction Today’s business is more global than ever before. Markets are everywhere and new ones are sprouting up every day. Suppliers shift‚ supply chains adapt. Customers are more discerning and demanding. And logistics has
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at an acceptable cost is the challenge of logistics. It’s an area that embraces purchasing and supplier management‚ materials management and manufacturing‚ inventory management and warehousing‚ distribution and transport‚ and customer service. With all this said I do believe that the corporate world can benefit from anticipatory logistics. First there must be a definition of what "anticipatory" logistics really is. Just like some might interrupt "logistics" and "Supply Chain Management (SCM)" as being
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Reverse Logistics in Indian Automobile Industry Reverse Logistics is a process in which a product moves in reverse through the supply chain network. It may be used for the purpose of recapturing value of a final product or for even proper disposal. It may also be termed service that the process of planning‚ implementing and controlling the efficient and cost effective flow of raw materials‚ in-process inventory‚ finished goods and related information‚ from the point of consumption to the point of
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Hong Kong Institute of Vocational Education Business Administration Discipline BAN5413 -- Supply Chain & Logistics Module 2010 – 2011 (1st Semester) Assignment 1.0 Introduction The objectives of this assignment are for students: - collating information of real firms and associating them with what have learnt in the lectures; and - applying the knowledge learnt in lectures to analyse the case‚ to identify issues/problems and/or to formulate solutions/recommendations
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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 impact of globalisation on logistic service providers (LSP’s) located in Belgium. In the light of the logistics industry we will start with a definition of globalisation and a description of the driving forces behind the ongoing internationalisation process. Secondly we will define the behaviour of the logistic providers in terms of their strategic decisions‚ performance‚ services and international presence following this globalisation wave. An increasing amount of supply chain activities
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7 THIRD PARTY LOGISTICS - A NORDIC APPROACH Tage Skj!Jtt-Larsen) A rni Halld6r.~son‚ Dan Andersson) Heidi Dreyer‚ Helge Virum a nd Lauri Ojala Abstract This paper gives an overview o f the TPL research in the Nordic countries. The objective is to see i f there is a "Nordic .School o f TPL"‚which has some distinctive characteristics in terms o f research methodology‚ theoretical approaches or empirical findings. To achieve this‚ the contribution o f Nordic TPL researchers to the international
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movement of your critical service parts and finished goods inventory. Reduce the number of calls to your customer service center by utilizing the order placement‚ inventory management and visibility tools available on the FedEx Critical Inventory Logistics global customer web
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Introduction to Logistics and Supply Chain Management Table of Contents Introduction 3 Comparative Profiles 3 Comparative Logistics Process 4 Conclusion 8 Bibliography 8 Introduction The purpose of this report is to investigate and identify the various techniques used by a plethora of similar organizations in regards to logistics and transportation used. Business have now become aware of the importance of logistics and providing adequate supplies to satisfy the demand for their
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Case Study Question 1 Central Europe and Hungary: Changes in logistics Systems ABSTRACT in an increasingly globalizing setting‚ many of the newly nationalised buffer states of the soviet Union‚ have been faced with the pressure to integrate themselves with exogenous market forces‚ from western Europe as well as other parts of the world. The ability for them to adapt lies in their ability to manage their fiscal policies‚ their societal views and market theories that form many of the xenophobic
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