What is Logistics? Overshadowed behind all the excitement given to supply chain management and the technology developed to support it is a lesser known part of the business operations known as logistics. Some might regard logistics as mundane and staid compared to other supply chain initiatives but they don’t get the whole picture. However‚ logistics professionals and knowledgeable managers know that to fulfill customer orders effectively and efficiently‚ a business should employ a good logistics
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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
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system. This essay is going to be provide a clear overview on how a specific company has integrated the system of ERP in their supply chain management and discuss the ups and downs of them. First I will begin by analyzing and explaining the main advantages and the main disadvantages of integrating the ERP system into a company’s supply chain management. Then I will use an example of a company that has integrated ERP into their supply chain management with success and a company in which it did not work
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ST Logistics Pte Ltd (STL) is a company that deals in Contract Logistics & freight management. It started off in 1983 when they are awarded SAF logistics contract by MINDEF (Singapore Ministry of Defence) managed by Army Logistics Base (ALB) The Function of ST Logistics is to outsources purchasing and storage by ABL. It also acts as the contact point between ALB and suppliers In 1999 STL merged with SembCorp Logistics and in the year 2005‚ STL was acquired by Toll Group (Australia).
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1. What is reverse logistics (RL)? How does it differ from forward logistics Reverse logistics is the process of planning‚ implementing‚ and controlling the efficient‚ cost effective flow of raw materials‚ in-process inventory‚ finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal. More precisely‚ reverse logistics is the process of moving goods from their typical final destination for the purpose of
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The essay will discuss the concepts and the importance of logistics in our global word. It will then move to the recent climate change and its impact on our world with particular reference to logistics and GHG emissions relationship. The write up will follow up with the EPA and other agencies reactions and discuss the impact and the changes in the logistics management by the companies around the world. SUPPLY CHAIN MANAGEMENT Supply Chain Management refers to the flows of processes though which
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Unit Code & Unit Title: DL101 Introduction to logistics management 2. Course of Study: Diploma in Logistics Management 3. Year of Study: Year One 4. Year and Semester: Semester 2‚ 2014 5. Reading List: Main Text: 1. Paul R. Murphy‚ Jr‚ Donald F. Wood‚ Contemporary Logistics‚ Pearson education 2. John J. Coyle‚ C. John Langley‚ Jr.‚ Brian J. Gibson‚ Robert A. Novack‚ Edward J. Bardi (2011)‚ Supply Chain Management: A Logistics Perspective‚ 8th Edition‚ Cengage Learning
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1. Did it surprise you that logistics can be such an important component in a country’s economic system? Why or why not? Logistics plays a key role in the economy in two significant ways. First‚ logistics is one of the major expenditures for businesses‚ thereby affecting and being affected by other economic activities. In the United States‚ for example‚ logistics contributed approximately 10.3 percent of GDI in 1996. U.S. industry spent approximately $451 billion on transportation of freight
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DHL Logbook - in cooperation with Technical University Darmstadt Historical development of logistics The great logistics success story Logistics has been playing a fundamental role in global development for almost 5‚000 years now. Since the construction of the pyramids in ancient Egypt‚ logistics has made remarkable strides. Time and again‚ brilliant logistics solutions have formed the basis for the transition to a new historical and economic era. Examples of this fundamental progress include
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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
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