Logistics comprises of relatively large number of managerial activities. Discuss five of these activities and why they are important of the logistics system. Logistics is the process of planning‚ implementing and controlling the efficient‚ cost-effective flow and storage of raw materials‚ in-process inventory‚ finished goods and related information from point of origin to point of consumption for the purpose of conforming to customer requirements Logistics is responsible for the movement and storage
Premium Supply chain management Logistics Supply chain management terms
Assignment for the next class. ( P. S. Groups would be called out randomly from the class to present their analysis. In case of a dismal performance of any group member‚ the marks of the whole group will be at stake! You would need to do the analysis of all the three cases ) For each of the three scenarios below‚ categorize the demand for bulk-breaking‚ spatial convenience‚ waiting/delivery time‚ and assortment/variety as "High‚" "Medium‚" or "Low." In each case‚ explain your answers.
Premium Time Material English-language films
Ah‚ elections‚new representatives new laws. All in the spirit of politics. However‚ there are problems that plague are politics in America. The Kid and company are creating what we call a Blog Mini-Series. It’s Called Ballot Busters. Moving on from that‚ I digress. Every four years the presidential election comes around bringing with it hopes and fears. Some wanting to re-elect a president because of the quality of his stint as president. Others for the simple sake of “Hey he’s a Republican or hey
Premium President of the United States United States Democratic Party
ANALYSING RESULTS AND DISCUSSION | | 5.0 | RECOMMENDATION | | 6.0 | CONCLUSION | | 7.0 | REFERENCES | | 1.0 INTRODUCTION 1.1 Brief Introduction Taken from the definition of Investopedia‚ export can be defined as a function of international trade whereby goods produced in one country are shipped to another country for future sale or trade. In the last 20 years‚ Malaysia economy has been transformed from a protected low income supplier of raw materials to a middle income emerging multi-sector
Premium Automotive industry Volkswagen Group General Motors
REPORT ON BEER GAME ABOUT LOGISTICS CHALLENGES 1.0 INTRODUCTION The Product Distribution or "Beer Game" is an experiential exercise designed to help decision makers recognize the value of adopt a holistic and self-motivated approach to problem solving. The game was has been played by 4 of us which is retailer‚ wholesaler‚ distributor and factory. The procedure of the beer game involves dividing the players into teams of four who will run a beer industry. We assume the roles of beer retailer
Premium Supply chain management Logistics Inventory
E-commerce on transport and logistics Table of content 1. Introduction 3 2. E-commerce and business 4 A. B2C E-commerce 4 B. B2B E-commerce 5 C. Evolution and forecast of E-commerce 5 3. Impacts on the supply chain 6 A. Problem raised by E-commerce 6 i. Demand 6 ii. Stocks 6 iii. Communication 6 B. Reaction and adaptation of companies 7 i. Information interchange 7 ii. Pure players 7 iii. Click and mortars 8 4. Upstream Logistics 9 A. Order reception
Premium Electronic commerce Electronic Data Interchange Marketing
Supply Chain Management Supply change management (SCM) is active in many organizations today. The purpose of SCM is to maximize the company value in order maintain a competitive advantage in the market place. As an Operational Managers (OM) it is essential to oversee the supply chain within an organization. The OM responsibility is to manage the supply chain flow‚ and to ensure the supply chain has a quality design in order to reduce cost and drive efficiency. (Reid & Sanders‚ 2010) An organization
Premium Supply chain management
Implementation Lean Logistics‚ simply put‚ can be described as a way to recognize and eliminate wasteful activities from the supply chain in order to increase product flow and speed. In order to achieve Leaner Logistics; organizations need to implement leaner thinking. Lean production involves eliminating waste and using less labors‚ materials‚ time and space. That’s why it is save production. This in turn reduces costs. Harley-Davidson Motor Company‚ the only major U.S.-based motorcycle manufacturer
Premium Lean manufacturing Motorcycle Harley-Davidson
Global Agenda Council on Logistics & Supply Chain Systems 2012-2014 Outlook on the Logistics & Supply Chain Industry 2013 July 2013 Published by World Economic Forum‚ Geneva‚ Switzerland‚ 2013 All rights reserved. No part of this publication may be reproduced‚ stored in a retrieval system‚ or transmitted‚ in any form or by any means‚ electronic‚ mechanical‚ photocopying‚ or otherwise without the prior permission of the World Economic Forum. World Economic Forum 91-93 route de
Premium International trade Supply chain Supply chain management
KING FAHD UNIVERSITY OF PETROLEUM & MINERALS Systems Engineering Department SE 405 (062) Lab # 1 INTRODUCTION AND MANUAL SIMULATION Objective 1: Introduction to Simulation. A comprehensive introduction to the problem of simulation is given in this lab. The students are introduced to the area by giving several examples from daily life. The different nature of simulation-based programming is emphasized. The concepts of timing and event list are illustrated through the use of relevant
Premium Average Time Arithmetic mean