Benefits of Radio-frequency Identification (RFID) Technology on Transpiration Radio-frequency identification (RFID) is evolving into a key technological component for many supply chains and transportation. This system offers the transportation and logistics industry many benefits. The use of RFID technology in the transportation industry gives firms greater visibility of their assets and allows them to track only a few items or assets at a times such as; cars‚ shipping containers‚ and trailers.
Premium Supply chain management RFID Supply chain
corporate strategy that the organization is following. The strategic supply chain processes that management has to decide upon will cover the breadth of the supply chain. These include product development‚ customers‚ manufacturing‚ vendors and logistics. Product Development Senior Management has to define a strategic direction when considering the products that the company should manufacture and offer to their customers. As product cycles mature or products sales decline‚ management has to make
Premium Supply chain management Supply chain Management
Purchasing 7 7) The Logistics Department 7.1) Roles & Responsibilities 8 7.2) Logistics’ Relationship with Purchasing 8 8) The Information Technology Department 8.1) Roles & Responsibilities 9 8.2) Information Technology’s Relationship with Purchasing 9 9) Purchasing’s Relationship with Suppliers 10 10) Conclusion 11 11) References 12 1) Introduction There are many reasons that contribute to the success of a supply chain. One of them is clearly defined functions of the various departments
Premium Supply chain management Supply chain Logistics
6293–6313 Implementing just-in-time philosophy to reverse logistics systems: a review Hing Kai Chana*‚ Shizhao Yina and Felix T.S. Chanb b a Norwich Business School‚ University of East Anglia‚ Norwich‚ Norfolk‚ UK; Department of Industrial and Systems Engineering‚ Hong Kong Polytechnic University‚ Hung Hom‚ Hong Kong (Received 27 April 2009; final version received 30 July 2009) Just-in-time (JIT) and reverse logistics are two important philosophies. Coincidentally‚ both are related
Premium Logistics Supply chain management Supply chain
Business Model Comparison MGT/401 Business Model Comparison The transportation and logistics industry is a six hundred and seventy billion dollar a year industry according to SJ Consulting Group. A logistics company helps transport people‚ cargo‚ and merchandise‚ by land‚ or sea. It consists of many channels of transportation‚ which include freight trains‚ cargo ships‚ and planes. Logistics and transportation companies are an important part of everyday business and life. The need of exports
Premium Transport Logistics Management
Executive Summary This report focuses on the logistics and supply chain of a prime US pharmaceutical group‚ Westminster‚ which owns three companies‚ manufacturing and distributing differentiated products autonomously. It talks about the proposed changes in their supply chain systems‚ which are‚ creation of a consolidated warehousing system‚ having mixed shipments to save on costs‚ incorporate IT to maintain its inventory using ERP software‚ and have an integrated supply chain management system.
Premium Supply chain management Logistics
Philadelphia‚ 2000‚ 3-14. [5]. Li Henqi‚ the Risks of Modern Logistics and Demand Analysis of Logistic Insurance in China‚ Transaction of Xi’an Jiaotong University (Social Science Edition)‚ 2007‚ 6‚ 114-118. in Chinese. [6]. Martine Remond-Gouilloud‚ Insurance‚ Liability and Compensation‚ Marine Policy‚ 1990‚ 3‚ 236-242. [7]. Ren Yin‚ Wang Wei‚ A Brief Analysis of the Promotion of insurance to the development of logistics industry‚ Logistics Technology‚ 2009‚ 9‚ 22-24. in Chinese. [8]. T. Baker‚ Insurance
Premium Transport Cargo Economics
technology‚ activities‚ information and resources involved in moving a product or service from supplier to customer. Supply Chain includes: -Various stages/parties (suppliers‚ manufacturers‚ transporters‚ warehouses‚ retailers‚ customers) - all functions involved in fulfilling a customer request within each company (product development‚ marketing‚ operations‚ distribution‚ finance‚ customer service) Primary Flows in a Supply Chain: Supply Chain Management: -Management of flows between and
Premium Supply chain management Supply chain Inventory
information flow both up and down the supply chain. Supply chain management emphasizes the logistics interaction that take place among the functions of marketing‚ logistics‚ and production within a firm and those interaction that take place between the legally separate firms within the product-flow channel. It is important to note that supply chain management is about the coordination of product flow across functions and across companies to achieve competitive advantage and profitability for the individual
Premium Logistics Honda Civic Supply chain management
Introduction 2 1.1 Background of Company 2 1.2 Scope of Study 3 1.3 Introduction of Team Members Duties 3 2.0 Literature Review 4 2.1 Inventory 4 2.2 Logistic 5 2.3 Forecasting 6 3.0 Operation Problems and Weaknesses 8 3.1 Inventory 8 3.2 Logistic 9 3.3 Forecasting 10 4.0 Recommendations 11 4.1 Inventory 11 4.2 Logistic 12 4.3 Forecasting 12 5.0 Summary 14 References 16 1.0 Introduction Quality and Operations Management‚ is a subject that deals with the quality of
Premium Logistics Supply chain management Management