Question No. 1. Write Short Notes on: 1. Materials Requirement Planning Material Requirements Planning (MRP) is a computer-based production planning and inventorycontrol system. MRP is concerned with both production scheduling and inventory control. It isa material control system that attempts to keep adequate inventory levels to assure that requiredmaterials are available when needed. MRP is applicable in situations of multiple items with complexbills of materials. MRP is not useful for
Premium Logistics Inventory
Logistics October 28‚ 2008 The articled uploaded are very good and should be read. The lecture does not follow the format of the book but the book is easy to read and forms a background to the course. Preferred definition: (what is logistics? why are we studying logistics) Slide Logistics/concept 3 In the definition‚ every word counts. Key words underlined. Logistics is a process – continually doing it‚ not just once. You plan‚ implement and control. It includes a planning function‚ something
Premium Inventory Logistics Supply chain management
Assignment: Green logistics Sjoerd de Kreij & Bas Scheepers ID:2013319400 & 2013319495 General logistics It is widely known that logistics plays a major role in the product and service production. Logistics is described as: ‘’the part of Supply Chain Management that plans‚ implements‚ and controls the efficient‚ effective forward and reverse flow and storage of goods‚ services and related information between the point of origin and the point of consumption in order to meet customers
Premium Supply chain management Logistics Recycling
CH1 60. (p. 2) What are the three reasons negotiations occur? Negotiations occur for several reasons: (1) to agree on how to share or divide a limited resource‚ such as land‚ or property‚ or time; (2) to create something new that neither party could do on his or her own‚ or (3) to resolve a problem or dispute between the parties. 70. (p. 15) Describe the strategies and tactics a negotiator would employ in a distributive bargaining situation. In distributive situations negotiators are motivated
Premium Negotiation Best alternative to a negotiated agreement Collective bargaining
Inbound Tourism of South Africa There are two main factors in recent history that contributed to the increased number of Inbound Tourists to South Africa. The First would be because of the political history of South Africa. After the Second World war there were serious segregation laws implemented. Separating blacks from whites – they named it Apartheid. Play clip: http://www.youtube.com/watch?v=Rz4F_InsBeo If you were a tourist in South Africa and you weren’t white you would have to make
Premium South Africa Tourism Africa
many companies are automating their logistics processes by setting up supply chains that connect them with their customers and suppliers. Simply defined‚ logistics is a practice that ’s used to determine how to move people and materials most efficiently between a source and a destination. The "chain" metaphor is used to describe a group of companies connected loosely‚ all collaborating on the most efficient and economical delivery of a product. Logistics management requires that equipment
Premium Logistics Supply chain management Supply chain
MBA 4.2: LOGISTICS MANAGEMENT Module 1 Introduction to Logistics and its interface with production and Marketing; Measures of Logistics; Physical distribution and logistics. Introduction to Logistics • When total supply chain system is integrated over a firm‚ it is known as logistics • It is an integrated effort aimed at helping customer value at a lower cost. • Without logistical support‚ marketing and manufacturing departments cannot accomplish product in timely or fresh manner. • The value of
Premium Logistics
Backwards: Reverse Logistics Trends and Practices Going Backwards: Reverse Logistics Trends and Practices University of Nevada‚ Reno Center for Logistics Management Dr. Dale S. Rogers Dr. Ronald S. Tibben-Lembke © 1998‚ Reverse Logistics Executive Council Contents in Brief CHAPTER 1: SIZE AND IMPORTANCE OF REVERSE LOGISTICS 1 CHAPTER 2: MANAGING RETURNS 37 CHAPTER 3: DISPOSITION AND THE SECONDARY MARKET 73 CHAPTER 4: REVERSE LOGISTICS AND THE ENVIRONMENT
Premium Logistics
Contents Summary 2 The flow of inventory 2 The improvement of logistics 2 Inventory Cost 3 Delivery Process 4 Other company initiatives to Gain Profitability 4 Launching Amazon in the UK and Germany 4 Launching Amazon in France 4 Amazon’s challenges 5 Globalization and localization 5 Theories 7 Integrated Supply Chain 7 8R’s 8 Supply Chain Issues 9 Appendix 10 Summary The flow of
Premium Supply chain management
[pic] UNIVERSITY OF NAIROBI SCHOOL OF BUSINESS MBA PROGRAMME COURSE: DPS 504: LOGISTICS AND TRANSPORTATION MANAGEMENT LECTURER: Ms. SALOME RICHU Group 1 & 2 ENVIRONMENTAL AND ETHICAL ISSUES IN LOGISTICS AND TRANSPORTATION MANAGEMENT July 04‚ 2012 PRESENTED BY D61/60090/2011 – ONGONDO LUCAS D61/67682/2011 – CHEBELYON KEN D61/68645/2011 - WANYONYI LEVINA KULUNDU D61/66737/2010 – MBOGO BENSON D61/63174/2011 – MURIUKI ANN CAROLINE D61/67845/2011 – MBUGUA CAROLINE D61/62803/11 – CHARLES MAINA D61/63039/11
Premium Ethics Logistics Supply chain management