Michael Porter’s Value Chain History of Value Chain • Popularized by Michael Porter’s book best seller “Competitive • • Advantage” 1985 Creator of “5 Forces model” Helped Gereffi in the late 1990s develop Global Value Chain. Michael Porter’s Background • Born May 23‚ 1947 in Ann Arbor‚ Michigan • Received MBA in 1971 Harvard Business School • Competition and company strategy • 6 time winner of the McKinsey Award Value • The Value is the extent to which a good or service is perceived by
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ST Logistics Pte Ltd (STL) is a company that deals in Contract Logistics & freight management. It started off in 1983 when they are awarded SAF logistics contract by MINDEF (Singapore Ministry of Defence) managed by Army Logistics Base (ALB) The Function of ST Logistics is to outsources purchasing and storage by ABL. It also acts as the contact point between ALB and suppliers In 1999 STL merged with SembCorp Logistics and in the year 2005‚ STL was acquired by Toll Group (Australia).
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Econometric Methods FIN5EME Semester 1‚ 2013 Assignment 2 Cobb-Douglas cost function: TCi = µQiβ2 pi1β3 pi2β4 pi3β5 (1) Where‚ TCi= Total Cost for firm i Q= Output of firm i pi1= Wage Rate pi2= Rental Price of Capital pi3= Fuel Price Taking the natural log of equation (1) log(TCi)= β1 + β2 log(Qi) + β3 log(pi1) + β4 log(pi2) + β5 log(pi3) + ei (2) where β1= (logµ) and ei= error term. Eviews Output of the log-log model is as follows: Dependent Variable:
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Tempo Ltd Ashley M. Powers BUS 632 – Advanced Logistics 08/27/2012 Doctor Erick Aguilar Tempo Ltd Tempo Ltd. is a company in Antalya‚ Turkey established by eutrepreuer‚ Faith Terim‚ in 1989. “The focus of his business was to buy goods from nearby foreign sources and then find buyers for those products in the domestic Turkish market.” (Woods & Murphy‚ 2010‚ p 109). Currently‚ the company has connections in most European countries and Terim works very hard to keep theses connections
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Content 1. Logistic also plays a role in customer satisfaction 1.1 Overview 2. What is a logistic strategy? 3. Why implement a logistics strategy? 4. What is involved in developing a logistics strategy? 5. What is involved in developing a logistics strategy? 5.1 Strategic 5.2 Structural 5.3 Functional 5.4 Implementation 6. Components to examine when developing a logistics strategy 1. Transportation 6.2 Outsourcing 6
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student.They are talking about the new trends of logistics areas.The useful words which may be involved in the dialog are as follows.Please try to design the dialog. J（John） T（Tom） T: Hello Mr.Jonh‚these days I have read some books on the the trends of logistics in the future.But I found that articles about the field is not as enough as I expected. I think the problem has an important significance for the future development of logistics. So I would like to ask your opinion about this
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LOGISTICS CYCLE Therefore the emphasis is on designing the logistics management information system and inventory management activities‚ rather than central-level activities such as quantification and procurement. However‚ as the logistics cycle demonstrates‚ all these functions are interrelated and so when the logistics system is designed‚ these other activities must be considered‚ such as ensuring that the data required for quantification are collected and that quality monitoring is incorporated
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Logistics is the designing and managing of a system in order to control the flow of material throughout a corporation. This is a very important part of an international company because of geographical barriers. Logistics of an international company includes movement of raw materials‚ coordinating flows into and out of different countries‚ choices of transportation‚ cost of the transportation‚ packaging the product for shipment‚ storing the product‚ and managing the entire process. The concept
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things: - Attractions - Restaurants - Souvenirs shop(s) - Restrooms - Signs Off course there are some other factors‚ like management etc.‚ that you need in order to lead a successful theme park. But some of those are not really relevant to logistics. That is why I chose to concentrate on the above list of things. The attractions: The first thing I think of when I think of a theme park are the attractions‚ the question concerning logistics that immediately pops into my mind is: How do you get
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Case 1 Integrated Logistics Overview This case finds Tom Lippert‚ sales representative for DuPont Engineering Polymers (DEP)‚ in a situation common to today’s competitive sales environment. His company‚ as a supplier to a major manufacturer (GARD)‚ is faced with changing times. GARD is in the midst of a “changing of the guard” as Mr. Lippert’s long-time contact‚ Mike O’Leary‚ retires. O’Leary’s successor‚ Richard Binish‚ brings a new set of supplier expectations to the fore of GARD’s
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