Question 1 a) Financial report audit is to provide a reasonable assurance in dependence on a framework of financial reporting‚ and it is also to check out if the financial report is prepared or not in all important aspects (Robyn M.‚ 2011‚ pp. 6-7). Environmental audit refers to the kind of an important tool that manages or measures the environmental regulations according to make a review of facilities and current operations‚ internal policies and practices‚ records‚ waste-handling procedures
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AMUL SUPPLY CHAIN MODEL BACK END TO FRONT END FARMERS CHILLING PLANTS MILK PROCESSING UNION & WAREHOUSES MILK SOLD TO VILLAGE AND LOCAL RESTAURANTS VILLAGE COOPERATIVE SOCIETIES (WITH CHILLING UNITS) LOCAL RESTAURANTS/OTHER MILK RELATED BUSINESSES VILLAGE COOPERATIVE SOCIETIES (WITH OUT CHILLING UNITS) UPSTREAM NETWORK SERVICES VETERINARY ANIMAL HUSBANDRY ANIMAL FEED FACTORY MILK CAN PRODUCERS AGRICULTURE UNIVERSITY RURAL MANAGEMENT CONSUMERS CONSUMERS HOME DELIVERY CONTRACTORS
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Kalra (2010 p. 2) “A supply chain consists of all parties involved‚ directly or indirectly‚ in fulfilling a customers request”. The parties extend from the suppliers of your suppliers to the customers of your customers at every stage of the supply chain (Supply Chain Management‚ UoL‚ Lecture note week 1). The successful management of the value adding activities of these parties to satisfy the customer’s demand and‚ make profit while at it‚ is the sole objective of supply chain management (Chopra
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QUESTION 1 a. Define what is meant by Supply Chain Management b. Describe the five basic elements of supply chain a. Definition of Supply Chain Management Supply Chain Management refers to the management of the network of interconnected businesses involved of product and service packages required by the end customers in a supply chain. Another definition also defines that supply chain as the flow and management of resources across the enterprise for the purpose of maintaining the business
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NAMES and NUMBERS of students in the group (2 Students): 1. El-Iraki‚ Youssef (10448517) 2. Badr‚ Noureldin (10445226) MODULE CODE : MBM5204 MODULE NAME : Logistics‚ Supply Chains‚ Systems and Methods Lecturer : Professor Dongping Song DEADLINE : 11th February 2013 WORD COUNT : 1‚657 By submitting this piece of assessment the group confirms that
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Resilient Supply Chain Introduction In the recent years many disasters and catastrophic events such as hurricane Mitch‚ tsunamis‚ SARS‚ terrorist attacks and earthquakes have shown that we live in world with increasing uncertainty. These events can cause major disruptions in the supply chain. Although similar events have occurred‚ since the terrorist attacks of September 11 of 2001 the firms began to reassess the benefits of commonly accepted strategies for sourcing‚ transportation‚ demand
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Letter of Transmittal Dated: 2nd May‚ 2012 Mohammad Anwar Hossain Assistant Professor‚ Department of Marketing‚ University of Dhaka Subject: Submission of Term Paper. Dear Sir‚ It gave us an immense pleasure in presenting this assignment‚ which was assigned to us as a term paper of Business Logistics (413) course. In this paper‚ we have tried our level best to carry out all the requirements of a term paper. We consider ourselves very
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Abstracts The supply chain has been traditionally defined as one way process of integrated manufacturing wherein‚ raw material are converted in final products‚ and then delivered to customers. The most common method opted for goods transport is from its raw material state from supplier to finish product to consumer. To elaborate: the follow pattern is from raw material from supplier to manufacture‚ finished goods compilation within the manufacturing premises‚ then finish goods to consumer through
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also had to shift fundamental decision points from local level to the European level. Areas which needed changes/ of strategic importance were; I. Finished goods and work in progress inventories. II. Distribution operations and location. III. Supply chain strategy. IV. Development of forecasting and requirement planning systems. V. Purchasing. To satisfy customer demand they needed modern planning and control systems which had effective scheduling‚ manufacturing and distribution planning for
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What do you understand by Supply Chain Management? Supply chain management spans all movement and storage of raw materials‚ work-in-process inventory‚ and finished goods from point of origin to point of consumption. SCM as the "design‚ planning‚ execution‚ control‚ and monitoring of supply chain activities with the objective of creating net value‚ building a competitive infrastructure‚ leveraging worldwide logistics‚ synchronizing supply with demand and measuring
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