Physical Distribution Management Part of logistics management‚ physical distribution is concerned with the transporting of merchandise‚ raw materials‚ or by-products‚ such as hazardous waste‚ from the source to the customer. A manager of physical distribution must also assess and control the cost of transporting these goods and materials‚ as well as to determine the most efficient way to store them‚ which usually involves some form of warehousing. Hence‚ physical distribution (PD) is concerned with inventory
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WAREHOUSING IN SUPPLY CHAIN Introduction Warehousing is one of the most important and critical logistic activities in industrial and service systems. A few production philosophies‚ e.g. just in time (JIT) and lean manufacturing‚ propose and support the so-called ‘‘zero stock’’ as basic and strategic pillar. Also manufacturing requirement planning (MRP)‚ the well known and widely adopted ‘‘push-’’ based fullfilment technique‚ theoretically guarantees no storage quantities when the ‘‘lot
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Introduction to Materials Management The efficiency of any manufacturing organisation depends on the availability of component parts and materials in the proper quantity‚ quality‚ price‚ range and time. Failure in any of these areas increases costs and decreases profit as certainly as outmoded production methods or ineffective selling techniques. This simple but obvious point has only recently come to be properly understood. This book presents the principles‚ methods and strategies that represent
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value: * Producers use intermediaries b/c they create greater efficiency in making goods available to target markets thru contacts‚ experience‚ specialization. * Having a distributor deduces the number of contacts the manufacturer needs * Functions preformed by marketing channels: * Information Promotion * Contact Matching * Negotiation Psychical distribution * Financing Risk taking Channel Levels * Channel levels: a layer of intermediaries
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value chain is made up by primary activities and support activities. Primary activities includes inbound logistics‚ operations‚ outbound logistics‚ sales and service. Support activities includes firm infrastructure‚ human resource management‚ technology and procurement. Bunning’s business basically fit this genetic mode. Primary activities is the main process in a business. For inbound logistics‚ Bunnings receive‚ store and disseminate raw material such as stainless steal‚ woods and plastic. In this
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initially used in wholesaling and retailing to denote the integration of logistics and physical distribution functions with the goal of reducing delivery lead times. Manufacturers and service providers have used the same term to describe integration and partnership efforts with first- and second- tier suppliers to reduce cost and improve quality and delivery timing. Terms such as integrated purchasing strategy‚ integrated logistics‚ supplier integration‚ value chain management‚ supply base management
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Case Study on Dabbawallah of Mumbai Submitted by : RIL -MDP Taruna Upadhyaya Pankaj Nimavat Siddhartha Chaturvedi Assignment Questions for the case: 1. What is the basis for the success of the Dabbawallahs of Mumbai? What factors need to be in place for a service like the Dabbawallahs to work effectively? Basis for the success of the Dabbawallahs of Mumbai is that they were all working for a single purpose of delivering a dabba in time for the customer’s lunch. Several distinctive and
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forwarding industry. Trade developed between Europe and North America‚ creating additional demand. The first international freight forwarders were innkeepers in London who held and re-forwarded the personal effects of their hotel guests. The original function of the forwarder was to arrange for carriage by contracting with various carriers. Forwarder responsibilities included advice on documentation and customs requirements in the country of destination. His correspondent agent overseas looked after his
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factors increase the complexity. 4. How do transportation considerations influence facility location decisions? P181 Transportation availability and cost： Transportation is a major factor in logistics costs; limited competition generally results in higher costs. 5. What is a free trade zone? What functions might be preferred in it? P186 It refers to highly specialized sites where a company can locate without being subjected to duties and
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We are all inspired by your great words! [applause] Finally‚ I would like to take this opportunity to place on record our hearty thanks to [name]‚ [function] for the perfect logistic support and guidance she/he has extended to all of us at [occasion]. I also extend my thanks to [name]‚ [function] and also to [name]‚ [function] for their enormous cooperation in the organization of this event. Vary in language when using these vote of thanks examples. Well‚ Mr. Chairman‚ ladies
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