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
Premium Logistics Supply chain management
Case Study 14.3: EFI Logistics Questions 1. Do EFI’s marketing strategies appear to be appropriate? The EFI’s marketing strategies is to not lose the customers they have‚ and this means that they have to respond to each call quickly and knowledgeably‚ and then providing excellent service. Excellent service means making all of the arrangements and preparing all of the paperwork quickly and accurately‚ and following through to ensure that everything goes as scheduled. The company’s web page is
Premium Marketing Customer service Sales
many companies are automating their logistics processes by setting up supply chains that connect them with their customers and suppliers. Simply defined‚ logistics is a practice that ’s used to determine how to move people and materials most efficiently between a source and a destination. The "chain" metaphor is used to describe a group of companies connected loosely‚ all collaborating on the most efficient and economical delivery of a product. Logistics management requires that equipment
Premium Logistics Supply chain management Supply chain
engine manufacturing company founded in 1917. It is an international famous brand which received a profit of 4.881 billion euro in 2011 and has its overseas subsidiaries in seven countries including China (When was BMW founded n.d.). As an international company‚ BMW invests large amount of capitals on advertisements all over the world. This raises a problem of how to handle appropriately the regional differences in the background of international advertisement strategy. To research this topic‚ an
Premium BMW China
Question 1 Does MAP understand its transportation needs in a changing environment? What role does transportation play in MAP’s supply chain? How is this role different or the same as other companies (multi-nationals‚ retail‚ manufacturing‚ etc.)? Answer: Yes Stanley is aware of the transportation issues plaguing MAP and he is not sure what to do about it. Role of transportation played in MAP’s supply chain:- Stanley received multiple calls from customers complaining about late shipments for
Premium Inventory Maize
LOGISTICS CYCLE Therefore the emphasis is on designing the logistics management information system and inventory management activities‚ rather than central-level activities such as quantification and procurement. However‚ as the logistics cycle demonstrates‚ all these functions are interrelated and so when the logistics system is designed‚ these other activities must be considered‚ such as ensuring that the data required for quantification are collected and that quality monitoring is incorporated
Premium Supply chain management Logistics Inventory
Principles of Logistics Management Istanbul 2012 12.12.2012 2 Logistics Management • Logistics is the art and science of managing and controlling the flow of goods‚ energy‚ information and other resources from the source of production to the marketplace. • Logistics Management is the process of planning‚ implementing and controlling the efficient‚ effective flow and storage of goods‚ services‚ and related information from point of origin to point of consumption for the purpose
Premium Logistics Supply chain management Management
Report on Market Research Analysis of Logistic Sector. Kalpesh Hiwase MMS Marketing Roll No: 74 Contents Topic Page No. 1. Introduction to Logistic Industry 3 2. What is the need of Market Research ? 9 3. How can the company use Market Research 11 4. Techniques for conducting Market Research 12 5. Sample Market Report Checklist 14 6. Sample Questionaire 17 7. Bibliography 18
Premium Logistics
Logistics Administration. Objective: To provide the students with the basic elements of the logistics administration and the physical distribution in order to take the right decisions. Compendia: a) Total Distribution Concept and logistics administration b) Customer service‚ logistics and customer service and customer service vs. cost c) Channel of distribution strategy‚ selection of the channel and distribution d) Warehousing Total Distribution Concept and logistics
Premium Logistics
management has been defined by members of ‘The International Centre for Competitive Excellence’ in 1994 as: “Supply chain management is the integration of business processes from end-user through original suppliers that provide products‚ services and information and add value for customers”. Cooper et al cited in Walters (2002) suggests the scope of the supply chain can be defined in terms of the number involved within the supply chain and the activities and functions involved. Initially the scope
Premium Supply chain management Supply chain