Logistics Outsourcing and 3PL Challenges Michelle L.F. Cheong Singapore-MIT Alliance‚ N2-B2C-15‚ Nanyang Technological University‚ 50‚ Nanyang Ave‚ Singapore 639798 Abstract — Logistics has been an important part of every economy and every business entity. The worldwide trend in globalization has led to many companies outsourcing their logistics function to Third-Party Logistics (3PL) companies‚ so as to focus on their core competencies. This paper attempts to broadly identify and categorize
Premium Logistics Supply chain management
Understand the Vietnamese logistics industry In a global economic downturn‚ there are few opportunities for the transport and logistics sector. However Vietnam continues to offer long term growth potential for those companies willing to risk expansion in this immature but fast-developing market. The country has become a focal point for off-shore production for global manufacturers looking for even lower cost locations than in China. The latter market has seen labour and transportation costs
Premium Transport Logistics Supply chain management
product returns for reverse logistics This paper provides a framework to manage product returns for reverse logistics. It takes a specific product catalog in India as an example. It utilizes an integrated framework to estimate returns of products. Next step‚ it makes decisions on operations‚ such as disposition‚ location and capacity of facilities. After that‚ take strategic‚ operational and customer service-related constraints into to consideration to give a time horizon for returned products
Premium Estimation Causality The Return
March 2014 Place of Importance. There’s always a place of importance that everyone has in their lives. A place where it holds strong feelings or good memories‚ like of a place where I had grew up. My place of importance would be the Philippines because that’s where I was born and was brought up. I was born in Bangui‚ Ilocos Norte Philippines‚ and I came to the United States when I was six years old. Later‚ I went back for a couple of months when I was about twenty-years old. My place of importance
Premium Ilocos Norte Philippines Ilocos Region
International Logistics Written Assignment Logistics and Supply Chain Management Table of Contents 1.0 Executive Summary 3 2.0 Introduction and Background 4 3.0 Literature Review 5 4.0 Recommendations 8 Reference List 10 1.0 Executive Summary The globalisation of markets has increased customer demand and product differentiation. Higher quality products and shorter delivery times are essential for maintaining customer satisfaction
Premium Supply chain management Logistics
greater added value‚ to the correct location‚ with no relevant inventory position‚ etc. However‚ customers are more sophisticated by wanting more quality‚ design‚ innovation‚ choice‚ convenience and service‚ and they want to spend less money‚ effort‚ time and risk. Hence‚ every business has to deal with highly competitive situation in order to survive; Supply Chain Management (SCM) becoming the main topic for improving efficiency and satisfy customer’s need. The supply chain of a company consists
Premium Supply chain management
Feb 2013 Lesson 3.5: Acquisition Logistics: Fundamentals Overview Acquisition Logistics is a multi-functional technical management discipline associated with the design‚ development‚ testing‚ production‚ fielding‚ sustainment‚ and improvement/modification of cost-effective systems that achieve the user’s peacetime and wartime readiness capability needs. To ensure that new systems are adequately supported‚ acquisition logisticians ensure that the system is designed for supportability‚ or consider
Premium Failure Maintenance
problem with discrete demands and capacitated planning objective. Cutting stock problems are NP-hard problems and mentioned about what is NP-hard problems. One of classical NP-hard problems which could not be solved within the polynomial computation time is a cutting stock problem. Wongprakornkul and Charnsethikul said that the most powerful algorithm for solving linear problems with many columns is the column generation procedure and after they give some information about large size of the pattern
Premium Algorithm Operations research Mathematics
Eva Rivera 3/7/13 Phil 108 – Ethics Short Paper #2 Criminal Punishment: Utility vs. Retribution Chapter 10 – Topic #3 The practice of punishment is part of our society and functions to maintain social order. However‚ there are a couple different view points regarding how to appropriately carry out punishment. Retribution and Utilitarianism are two philosophies that have very different views on the theory of punishment. Philosopher Immanuel Kant
Premium Morality Ethics Immanuel Kant
TRUE or FALSE 1. T F It is impossible to develop a process that has zero variability. 2. T F Assignable variations in a process are also called natural variations. 3. T F An x-bar chart would be appropriate to monitor the number of defects in a production lot. 4. T F The central limit theorem provides the statistical foundation for control charts. 5. T F If we are tracking quality of performance for a class of students‚ we should plot the pass/fail result on a p-chart. 6. T F Sample
Premium Control chart W. Edwards Deming Sample size