Logistics Practice Paper 2012 Section 1 1. Explain the following concepts 1. Extended enterprise 2. Terminal delays 3. Reorder level 4. VMI 5. Pipeline inventory 2. Read the case and answer the following questions Mumbai Flour mills provide high-quality bakery flours to commercial bakers as well as to the consumer market. The commercial buyers have consistent demand and brand-loyalty‚ whereas consumers have minimal brand-loyalty but also generally prefer
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3. PESTEL Analysis PESTEL Analyses tool will help to analyze the indefinite and rapidly changing environment of Tesco. Various forces that are significantly impacting on the performance of the company will be identified for understanding the external environment. Political factor After China and its market expand to World Trade Organization‚ foreign trade began to develop in the country as most of the barriers of foreign trade and investments were removed. This was a huge encouragement for big
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China Labor costs Japan’s employers pay higher hourly labor costs‚ including wages and social security payments‚ at 21.9 euros per hour (2‚400 yen). But in China‚ there is an unbalanced labor cost between inland China and coastal area of China. China has a lower cost compare with Japan. For the company‚ choice central and western China to build factories can reduce labor costs. Marketing factors China is the world’s most important CD‚ DVD players market. The growing wealth of the Chinese people
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Compare and Contrast China and Japan China and Japan‚ both with thousand years of ancient culture and civilization history‚ share numerous similarities and differences. Confucianism is a collectivist based value system which embraces a set of moral codes of behavior designed to regulate the relationships between ruler and subject‚ father and son‚ friend and neighbor‚ husband and wife‚ and brother and brother. Even though both China and Japan employed Confucianism as the state
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Bali‚ Kalimantan (formerly Borneo)‚ Sulawesi (formerly Celebes)‚ the Maluku Islands (or better known as Moluccas‚ the original Spice Islands) and Papua. PESTEL Analysis Political Analysis: Political Background: In 1602 the Dutch established the Dutch East India Company (VOC) and became the dominant European power. Following bankruptcy‚ the VOC was formally dissolved in 1800‚ and the government of
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China and Japan are two unique civilizations that went through similar‚ yet vastly different changes throughout their histories. Their growth and response to other nations differed in many ways in government‚ lifestyle‚ and general well-being. One of the main causes for such difference between the countries is the way the West influenced each region‚ and the way China and Japan responded to this influence. China focused more on the idea of being a "status oriented" society‚ while Japan was more
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Background of the company IKEA is a privately held‚ international home products company that designs and sells ready-to-assemble furniture such as beds and desks‚ appliances and home accessories. The company is the world ’s largest furniture retailer. Founded in 1943 by 17-year-old Ingvar Kamprad in Sweden‚ the company is named as an acronym comprising the initials of the founder ’s name (Ingvar Kamprad)‚ the farm where he grew up‚ and his home paris (Timetoast‚ 2013). IKEA has 300 home furnishing
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PepsiCo PESTEL Analysis In external environment might affect organizational performance in direct and indirect manners; therefore they need to be taken into account in strategic planning. PESTEL analysis can be highlighted as the most appropriate strategic analytical tool for specifying and categorizing external factors impacting businesses. PepsiCo PESTEL analysis is as follows. Political factors Government stability in the south Asian countries selling PepsiCo products is a major political factor
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relationships with each other may not be on the best terms. The primary issues that separate China and Japan go way back in history. I know Japan has always felt that they are superior to China. According to ibiblio.org‚ “the series of wars and conflicts between China and Japan are known as the Sino-Japanese Wars. These wars weakened China‚ while helping Japan gain more power; that is‚ until the final war‚ in which China finally gained allies‚ most notably the United States and Great Britain. The Second Sino-Japanese
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Between China and Japan The reason why I choose the country between China and Japan for my comparison is. China and Japan located in the same continent both of them produce many export goods. But China’s export is mainly in workforce and Japan’s export is mainly their goods that they invented themselves‚ such as Cars and electric. China and Japan is located in Asia. China is the most populous country in the world with number of people crossing 1.298 billion in 2004 and Japan have 27.7
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