marketing and major logistics objectives. Although marketing and logistics can be classified as two totally different subjects in the University‚ there are a lot of similarities‚ and undoubtedly‚ some critical differences. In this article‚ I will begin by discussing the similarities and differences between major marketing and logistics objectives‚ followed by some other discussion on warehousing and inventory management issues. First of all‚ one of the major objectives of both logistics and marketing
Premium Inventory Logistics Supply chain management
I. Introduction Emerging markets are nations with social or business activity in the process of rapid growth and industrialization. The economies of China and India are considered to be the largest. According to the Economist many people find the term outdated‚ but no new term has yet to gain much traction. Emerging market hedge fund capital reached a record new level in the first quarter of 2011 of $121 billion. The seven largest emerging and developing economies by either nominal GDP or GDP (PPP)
Premium India
disasters place exceptional demands on humanitarian logistics and calls for fast ‚ agile and quick response to alleviate human lives. Deficiencies in the flow of supplies may result in dire consequences. As a result of continuous human and man-made disasters logistics has now become an important factor in humanitarian aid operations‚ to the “extent that logistics efforts account for 80 percent of disaster relief” (Trunick‚ 2005). Humanitarian logistics encompasses a ranges of complicated activities
Premium Emergency management Humanitarian aid
Contents INTRODUCTION 3 How It Works? 4 Why RFID Is Hot 5 The RFID System 5 Types Of RFIDags 6 EMERGING TRENDS IN RFID 7 1. New and Improved Tags 7 Alternative Tag Designs 7 Sensory Tags 7 2. Architecture for the New Network 7 Microprocessor Design 8 Peer-to-Peer Computing 8 3. Falling RFID Tag Price 8 4. Business Process Innovations 9 Item-Level Tagging 9 Third-Party Logistics Management 9 Real-time Inventory Management 10 Business Intelligence 10 IT Outsourcing 10 Real-Time
Premium RFID
Medical RFID Tagging: What it is and how it works Isis Melendez-Reynoso GS1145: Strategies for the Technical Professional Professor Laura Dorsey Saturday AM ITT Technical Institute Unit 2 Assignment 2: New Technology in My Field April 14‚ 2013 What is RFID Tagging? RFID stands for Radio Frequency Identification. Therefore RFID simply means that radio frequency is being used on patients and products as an identifying marker and tracking process. The use of RFID technology on products will
Premium RFID Radio Automatic identification and data capture
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
Premium Logistics Supply chain management
SCM 460 GLOBAL SUPPLY CHAIN STRATEGY Dr. Alex Rodrigues Logistics / Manufacturing Interface & Lean Logistics Class Topics • Topic 1: – • Describe the steps of Design For Logistics (DFL) Topic 2: – Understand the philosophy of Lean Manufacturing/Logistics Procurement Perspectives • Continuous Supply: Stockouts of raw materials or components can stop production and result in extreme cost. • Minimize Inventory Investment: One goal of modern procurement is to maintain continuous supply with
Premium Six Sigma Lean manufacturing Manufacturing
Applications of RFID in Supply Chains Gary M. Gaukler gaukler@tamu.edu RFID and Supply Chain Systems Lab Dept. of Industrial and Systems Engineering Texas A&M University College Station‚ Texas 77843-3131‚ USA Ralf W. Seifert seifert@imd.ch IMD - International Institute for Management Development Chemin de Bellerive 23‚ PO Box 915 CH-1001 Lausanne‚ Switzerland Copyright This paper is published as a book chapter in “Trends in Supply Chain Design and Management: Technologies and
Premium RFID
In the past‚ transportation management was a tactical concern – a necessary cost of conducting business‚ which does not have much impact on profit margins. Today‚ rising fuel prices and increased pressures for improved service have made transportation management a strategic issue. Companies have to meet and exceed customer expections if they are to be the preferred service and goods provider. A transportation management system (TMS) is an end- to -end software solution that is a part of supply
Premium Supply chain management
Chapter 5 Bracket RFID Case Study Guidance Address all aspects below for full credit. I’ve added some guidance below that should help if you don’t know how to approach this. 1. How does RFID compare to bar-coding? By searching the Internet‚ summarize the advantages and disadvantages of RFID systems. Did you find any RFID applications for services? Advantages • RFID tags don’t need to be positioned in the line of sight with the scanter but barcodes do • RFID tags can be read at
Premium Barcode RFID Automatic identification and data capture