Logistics is the management of goods from point of origin to destination. There are many things to take note of in the current logistics world. Consumers have become more and more demanding due to advanced technology. Advanced technology has brought much convenience to consumers which cause them to demand for fast delivery‚ customization of product and so on. Consumers have different needs and wants and logistic people need to find ways to satisfy those needs and wants. Logistics is essential to
Premium Marketing Customer
Examination Paper of Logistics Management IIBM Institute of Business Management Examination Paper MM.100 Distribution & Logistics Management Section A: Objective Type & Short Questions (30 marks) This section consists of Multiple Choice & Short Note type questions. Answer all the questions. Part one carries 1 mark each & Part Two carries 5 marks each. Part One: Multiple Choices: 1. It deals with the movement of finished goods from the last point of production to the point
Premium Logistics Supply chain management Management
incentives‚ foreign trade regulations‚ environmental and labor law‚ trade embargo‚ tariffs‚ political stability‚ industrial relations and others. In the context of logistics M&A‚ these will be important especially for firms that are operating in China‚ India‚ Vietnam. Using India as example‚ apart from the non-uniform tax structure‚ logistic companies in India have to pay numerous other taxes‚ octrois‚ and face multiple check posts and police harassment. High costs of operation and delays involving compliance
Premium Economics International trade Transport
Logistics management covers every stage of the physical distribution process‚ from raw materials and component parts being ordered and delivered to the factory‚ materials handling and storage‚ stock control‚ sales forecasting from which the forecasts of individual components parts‚ transport and storage requirements are derived. Other functions include order processing‚ the purchasing and replenishment of stock‚ packing‚ delivery‚ achievement of set service levels‚ warehouse location‚ fleet
Premium Marketing Logistics Marketing plan
Case Presentation Guideline Time allocated: Presentation – 20 mins Class discussion – 10 mins (more if time permits) Where to start – Start the presentation with a thorough presentation of the case facts. Bring the class up to speed with the case facts. Assume an audience who do not know anything about the case. Set up presentation quickly – We cannot afford the time. Therefore choose the quickest way to set up‚ either by plugging in your thumbdrive/s in the Instructor’s computer or using
Premium Group Time Audience
1. Using the data on the two part numbers given‚ provide a comprehensive evaluation of the ordering policies. Compare the present annual average cost with the cost of using a system such as EOQ‚ and discuss any other order policies as appropriate. Analysis: The table will is showing a comparison of the present annual average cost with the cost of using EOQ for parts A233 circuit board and P656 powder supply respectively. Conclusion: From the table we can see that cost of EOQ less than the present
Premium Inventory
NOKIA: Reverse logistic & recycling Nokia is one of the biggest mobile manufacturers in world. Nokia works with carefully selected companies who reclaim materials from the phones and accessories. It passes on to third party recycling or recycles itself. These companies are assessed on a regular basis to make sure anything handed to them is recycled responsibly. It has been running take-back campaigns since the late 1990s and regularly works with environmental organizations or non-governmental
Premium UCI race classifications Responsibility Mobile phone
QUESTIONS: How does Elizabeth currently organize her logistics? What do you think are her aims and priorities? Logistics is the function responsible for all aspects of the movement and storage of materials on their journey from suppliers to final customers. In the Hessingen Herb Farm‚ Elizabeth Kole personally manages the logistics matters. She personally monitors the movement and storage of her products from the raw materials to the customers. Logistics would have played a great part in the expansion
Premium Economics Marketing Customer
What are the objectives of business? Every business enterprise has certain objectives which regulate and generate its activities. Objectives are needed in every area where performance and results directly affect survival and prosperity of a business. Various objectives of business may be classified into four broad categories as follows: 1. Economic Objectives: Business is basically an economic activity. Therefore‚ its primary objectives are economic in nature. The main economic objectives of business
Premium Business Economics
1. Executive Summary 3 2. Service 3 3. China Market Analysis 3 3.1PESTEL analysis 3 3.2Target Market 5 3.3Competitors in the market 6 3.3.1 indirect competitors 7 3.3.2 direct competitors 7 3.4 Barriers to entry- Porters Five Forces Analysis 8 4. USP of chemical products logistics 9 5. Marketing plan 9 5.1 product 9 5.2 price 10 5.3 place 10 5.4 promotion 12 5.5 people 12 5.6 process 12 5.7 physical evidence 12 6. Conclusion 13 7. Recommendations 13 8 .Reference list 15
Premium Chemical industry Transport Logistics