Q: explain the importance of logistics / Supply Chain Management & What Strategies and planning Use with it. Discuss ANS : Before the explain the importance of Logistics I want to introduce the logistic history . Early people had the choice of Consume the goods at their immediate location or moving the good to a preferred site and storing them for a letter use .However because no well Developed transportation And Storage system yet existed .the movement of goods was limited to want and individual
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PART III EXAMINATION QUESTIONS CHAPTER 1: AN OVERVIEW OF LOGISTICS Multiple Choice Questions 1. Logistics clearly contributes to ___________ and ___________ utility. a. time; place b. form; time c. place; form d. possession; time e. none of the above (a; p. 3) 2. ___________ utility refers to the value or usefulness that comes from a customer being able to take possession of a product. a. Time b. Place c. Form d. Possession (d; p. 3) 3. ___________ utility refers to having products available
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organization. The process of managing stock‚ warehouse inventory‚ and freight transportation is at the heart of logistics. Logistics is the management and coordination of moving inventory from its origination to its ultimate destination. The goal of a logistics team is to find a way to do this process in the most streamlined‚ cost efficient method possible. The overall High costs in the logistics industry though are a cause for concern as they hinder the ability of organisations to provide maximum efficiency
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Project Report #1 (Advanced Operation Research) Title : Production Planning Optimization Using Goal Programming Method I. Introduction Today many companies that produce herbs because in the future opportunities for the herbal industry is still wide open and the public mind back to nature and go green‚ so consumer more like the various products especially natural herbal medicine. Therefore‚ in order to survive in existing market competition‚ PT. NM are required to
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1 . How can design for logistic concepts be used to control logistics costs and make the supply chain more efficient ? Design for logistics concepts can be used to control logistics costs by applying the concepts to the supply chain process . The DFL focuses on three concepts ‚ which are : packaging and transportation ‚ parallel and concurrent processing ‚ and standardization . In terms of controlling logistics costs ‚ the DFL suggests that packaging and transportation can be improved
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Course Notes Linear Math & Matrices PSB – Dr. H. Schellinx Linear equations As we have seen‚ a linear equation with n different variables‚ say x1‚ x2 ‚ x3‚...‚ xn ‚ can always be written in the equivalent standard form a1 x1 + a2 x2 + a3 x3 +... + an xn = c ‚ where c is a constant‚ the xi are the unknowns and the ci are coefficients. Here are
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A Project Proposal Submitted for the partial fulfilment of the requirements of the Advance Diploma in Business Management (Part time) Program. CRYSTAL MARTIN GARMENT (PVT) LIMITED [pic] Supply Chain & Logistic Solution K.G.L.C.J. Bandara ADBM-ESU-12-39 Advance Diploma in Business Management Program (Sunday) National Institute of Business Management Colombo‚ Sri Lanka Introduction of Organization The Crystal Group is headquartered
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CHAPTER 8 Distribution Channels and Logistics Management Objective: examining the nature and role of the channels in attracting and satisfying customers The Nature of Distribution Channels • Distribution channels are intermediaries used by the producers to bring their products to the market. • Why? Because the use of intermediaries bring greater efficiency in making goods available to target markets. In other words‚ they match the supply with the demand. • Most important benefit of using intermediaries
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Interview Project: Learning Experience with Linear and Systemic Questioning Nasheena Richardson Capella University COUN 5220 Introduction to Marriage and Family Therapy April 20‚ 2013 Abstract In this paper I will have a detailed interview process laid out in order of focus. First‚ I am focusing my interview on the background of my partner and what motivates her to go to school and further her education. Secondly‚ I will ask her why she chose to specialize in her field
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There third party logistics service providers(3PLs) are experts in the management and flow of freight‚allowing customers to focus their resources on other activities.Some of these larger organizations provide a one-stop shopping solution where customers can purchase all their transportation service needs‚regardless of mode or geographic requirements. Types of 3PL providers While many 3PLs promote themselves as integrated service providers with a comprehensive range of logistics activity.Hence‚the
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