Discuss the relationship between Supply Chain Management and Logistics Management. What are the repercussions of these terms being used interchangeably? The relationship between logistics and supply chain management is the flow of products‚ services‚ information and funds between supply chain stages in which organizations plan‚ implement and control flows in order to effectively and efficiently fulfill customer requirements (Christopher 2011‚ p. 2). Although both management functions share a
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Title Page APPENDIX Please ensure your family name is in BLOCK CAPITALS STUDENT No Project submitted in partial fulfilment of the requirements of the BA (HONS) Logistics and Supply Chain Management of Northumbria University DECLARATION I declare the following:- (1) that the material contained in this Project is the end result of my own work and that due acknowledgement has been given in the bibliography and references to ALL sources be they printed‚ electronic or personal
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at an acceptable cost is the challenge of logistics. It’s an area that embraces purchasing and supplier management‚ materials management and manufacturing‚ inventory management and warehousing‚ distribution and transport‚ and customer service. With all this said I do believe that the corporate world can benefit from anticipatory logistics. First there must be a definition of what "anticipatory" logistics really is. Just like some might interrupt "logistics" and "Supply Chain Management (SCM)" as being
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Enterprises in Logistics Management. A PROJECT REPORT Under the guidance of Mr. Shriram Viswanathan Submitted by Binu Malhotra (Registration # 571012236) in partial fulfillment o f the requirement for the award of the degree Of MBA IN OPERATIONS MANAGEMENT September 2012 ACKNOWLEDGEMENT I take this opportunity to express my sincere gratitude towards the pillars of successful completion of this study on “Small and Medium Enterprises in Logistics Management
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Reverse Logistics in Indian Automobile Industry Reverse Logistics is a process in which a product moves in reverse through the supply chain network. It may be used for the purpose of recapturing value of a final product or for even proper disposal. It may also be termed service that the process of planning‚ implementing and controlling the efficient and cost effective flow of raw materials‚ in-process inventory‚ finished goods and related information‚ from the point of consumption to the point of
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Hong Kong Institute of Vocational Education Business Administration Discipline BAN5413 -- Supply Chain & Logistics Module 2010 – 2011 (1st Semester) Assignment 1.0 Introduction The objectives of this assignment are for students: - collating information of real firms and associating them with what have learnt in the lectures; and - applying the knowledge learnt in lectures to analyse the case‚ to identify issues/problems and/or to formulate solutions/recommendations
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ISSUES AND CHALLENGES OF LOGISTICS IN MALAYSIA: A PERSPECTIVE By Mohd Hafizzuddin Md Damiri Summary In the Asia Pacific region‚ the potential for growth in logistics is very promising.Although Malaysia ’s economic growth rate is increasing‚ but advances in logistical in this country is still on modest level. Under the Third Industrial Master Plan (IMP3)‚ which was launched in 2006‚ Malaysia’s logistics development were charted carefully and diligently as to keep on pace with other countries in
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------------------------------------------------- Third Party Logistics (3PL): Benefits and Issues ------------------------------------------------- ------------------------------------------------- Abstract Third-Party Logistics have continued to play a strategic role in the management of supply chains most especially in the developed world over the past years and has seen a consistent increase in its usage in the world. In Malawi the concept is still new and has also been adopted by
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Reduction ROA Improvement Logistics Cost Reduction SCM Some Facts: • Annual Plan Outlay • Fiscal Deficit • Inventory tied up • Logistics Cost • GDP SCM : Rs. 1.13 Lakh Crores : Rs. 1.35 Lakh Crores (5.3% of GDP) : Rs. 1.17 Lakh Crores : 13.6% of our GDP : Rs. 25.57 Lakh Crores Logistics Cost Country Asian region China Japan Korea Singapore Taiwan European region France Germany Italy Netherlands Spain UK Sweden North American region Canada Mexico US GDP (billions) Logistics as % of GDP 14.5 10.5
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The impact of globalisation on logistic service providers (LSP’s) located in Belgium. In the light of the logistics industry we will start with a definition of globalisation and a description of the driving forces behind the ongoing internationalisation process. Secondly we will define the behaviour of the logistic providers in terms of their strategic decisions‚ performance‚ services and international presence following this globalisation wave. An increasing amount of supply chain activities
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