Second Term‚ 2014-2015 SEEM 4600/ESTR4500 Logistics Management Course Objectives Logistics management is the planning‚ implementation and control of the processes involved in the flow and storage of materials from the point of origin (as raw materials) through the various valueadded stages to the point of consumption (as finished goods). It has been estimated that logistics costs account for 30% of the cost of doing business. Effective logistics management can lower costs‚ provide better service
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LOGISTICS PRESENTATION OF AAREY MILK CREATED BY: PRADEEP YADAV (02) MIHIR AMBARDEKAR (11) MITHUN SAGAR (20) SAMEER AYIR (22) DHARIT PARIKH (24) E.VINOD KUMAR (28) INTRODUCTION Logistics is the management of the flow of resources between the point of origin and the point
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BSc Logistics and Supply Chain Management SCHOOL OF BUSINESS BSC LOGISTICS AND SUPPLY CHAIN MANAGEMENT Programme Overview The BSc Logistics and Supply Chain Management programme offered by the School of Business at SIM University (UniSIM) aims to develop human capital and talent to meet the needs of the industry. This is the first undergraduate programme dedicated to the study of logistics and supply chain management to be offered by a Singapore university. Partnering with the Singapore
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is provided by the APICS Dictionary when it defines 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 performance globally." Contents[show] | [edit] Definitions More common and accepted definitions of supply chain management are: * Supply chain management is the systemic‚ strategic coordination
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Supply Chain Management (SSCM). Recycling is a relatively new industry and the amount of recycling in countries varies significantly based on Political‚ Industry and Community issues. Academic and corporate awareness of sustainable supply chain and logistics issues has increased significantly in recent years (Seuring and Muller‚ 2008). Whilst demand for recycled raw materials is consistently increasing‚ the prerequisites for establishing a reliable supply chain are complex. Without a reliable and cost
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What is logistic? Deal with the management of the flow of goods or materials from point of origin to point of consumption‚ and in some cases even to the point of disposal. Logistics is not confined to manufacturing operations alone. It is relevant to all enterprises‚ including government institutions such as hospitals and schools‚ service organization such as retailers‚ banks and financial service organizations. Logistics is dependent upon natural‚ human‚ financial and information resources for
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inventory in response to changes in demand as one looks at firms further back in the supply chain of a product. Occurs usually in longer intervals between orders in a supply chain causing a level of uncertainty in pattern level of demand Business Logistics The part of the supply chain process that plans‚ implements‚ and controls the efficient‚ effective flow and storage of goods‚ service‚ and related information from point of origin to point of consumption in order to meet customer requirments
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quality‚ price) 5) Government Policy/Regulation. Much deregulation (with some tightening-up) in-Transportation‚ Communications‚ Finance. II. The Supply Chain Concept- Started with the “physical distribution” /outbound logistics focus in the ‘60s. The ‘80s brought inbound logistics into the scope. >’90s‚ supply/value chain (3rd phase of development). Focus is on “integration” (systems approach - from suppliers’ supplier(s)‚ to customers’ customer(s). Supply/value chain management is the creation
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and the traditional concept of logistics. Logistics typically refers to activities that occur within the boundaries of a single organization and supply chains refer to networks of companies that work together and coordinate their actions to deliver a product to market. Also traditional logistics focuses its attention on activities such as procurement‚ distribution‚ maintenance‚ and inventory management. Supply chain management acknowledges all of traditional logistics and also includes activities
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UNIVERSITY OF GLAMORGAN BUSSINESS SCHOOL | Globalization of Logistics and Supply Chain: Selection Of Global Supplier Over Local Impacts On Sustainability of Supply Chain | Key words : Sustainable Supply Chain‚ Multi- modal/Intra-modal Transport‚ Transport modes‚ Logistics‚ Operations‚ Sustainability‚ Triple bottom line | | Aqeel Iqbal | 15-Apr-13 | This paper is conceptualizing on combination of transport modes organisation use to maintain sustainability in their supply chain by keeping
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