“Back to Basics.” It’s a look into how excellence in the core logistics and supply chain activities leads to overall business success. The articles in this seven-part series are written by educators from the University of Tennessee. Pictured: Wendy L. Tate‚ Assistant Professor of Logistics‚ Department of Marketing and Logistics‚ University of Tennessee. By Wendy L. Tate‚ Assistant Professor of Logistics‚ Department of Marketing and Logistics‚ University of Tennessee October 21‚ 2010 Globalization
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Christopher Friis-Hansen‚ Monica Hok‚ Philip Gotfredsen Table of contents Executive summary……………………………………………………………..p.3 Introduction………………………………………………………………………p.4 I. Origin of Aldi……………………………………………....…………p. 5 A. Creation of Aldi B. Life of Aldi II. Strategies and objectives……………………………..…….…..p.6-7 A. Strategies of Aldi B. Aldi challenges III. How did they grow from local to global?.............................p.8 Conclusion…………………………………………………………………….....p.10 Webliography………………………………………………………………………p
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especially well while pursuing its vision. Wal-Mart has plenty of core competencies‚ whether they are little or big‚ however the bigger ones are more noticeable. Wal-Mart’s top five core competencies are; low cost operations‚ distribution‚ culture‚ logistics systems‚ and environmental awareness. 1. Low cost operations. When serving customers and members over 200 million times a week‚ Wal-Mart must have something the people want. With some of the lowest prices ever on everything from toothpaste to tires
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PRICING AND LOGISTICS In the mid-1990s Benetton adopted a strategy of price-reduction worldwide. The strategy was designed to enable the company to guarantee its clients an ever more suitable and competitive supply of products. Simultaneously‚ Benetton decreased production costs. This combination of price and cost reductions resulted in an 8 percent increase in both items produced and sold in 1994. Benetton also has an extensive system of outlet stores in which to sell clothing at significant discounts
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LIEGE Transport and logistics ©MET Liege is located at the centre of the European motorway network which grants rapid access to the cities and capitals of Europe. Liege‚ Logically Logistical ... O 15 Km ©Lamalle At the junction of four major European railway axes‚ the marshalling yard of Liège is a hub for the goods traffic in Belgium. platforms combining 2 or 3 means of transport (rail‚ road‚ air or waterway) are present near the airport and along the waterways.
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The Role of Logistics in the Organization Logistics is critical to the success of every organization. Once considered an important behind-the-scenes operational activity‚ logistics is now recognized as a strategic tool for creating customer value and loyalty. Companies like Wal-Mart‚Coca Cola‚and Nike attribute a great deal of their success to their global logistics systems. They realise that integrating activities within the organization and across the logistics pipeline‚ building strong relationships
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perspectives on the relationship between logistics and SCM. Four perspectives: traditionalist ‚ relabelling ‚ unionist ‚ inter-sectionist The result of an international survey of logistics / SCM experts are reported. For logistics educators‚ researchers and practitioners Four unique perspectives – Traditionalist SCM is one small part of logistics. Four unique perspectives – Traditionalist Educators can easily accomplish this by adding a SCM lecture to the logistics management course‚ or by inserting
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References…………………………………………………………………………………14 Abstract: Logistics is the key foundation on which other economic sectors depend and consumer demands are made. Almost 70% of the total domestic product is transported through road network via trucks‚ which shows the importance of trucking industry and truck drivers. This whitepaper discusses the rules and regulations‚ facilities & issues associated with truck drivers at a national level as well as at a global level. Introduction The Logistics industry includes five broad
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The importance of Logistics in Marketing nowadays In a first moment it is important to understand what is the main role of each departments‚ Logistics’ aim is to make products available in the market according to the customer’s demands‚ in terms of delivery time‚ volume‚ as well as‚ the efficient managing of the inventory (SEZEN‚ 2005) and the Marketing role is to generate and deliver value to the consumers of a determined market. To generate value consists in expressing characteristics‚ attributes
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Third Party Logistics – An Overview A third-party logistics firm is a firm that provides outsourced or “third party” logistics services to companies for some portion or all of their supply chain management functions. Typically‚ a core company providing services or products is considered the first party; the customer (or customers) the second party. A third-party‚ then‚ is a firm hired to do that which neither the first or second party desires to do. 3PL typically specializes in integrated warehousing
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