CHAPTER 3 Strategic and Financial Logistics © Portions Argee Logistics and Pearson Education‚ Inc. publishing as Prentice Hall Learning Objectives • To appreciate how logistics can influence an organization’s strategic financial outcomes • To review basic financial terminology © Pearson Education‚ Inc. publishing as Prentice Hall 3-2 Learning Objectives • To understand how the Strategic Profit Model can demonstrate the financial impact of logistics activities • To become aware of
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Introduction Definition: Logistics… “The 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 meeting customer requirements”. (Canadian Association of Logistics Management‚ 1995). Simply put it‚ logistics is about managing the flow of materials be it raw or finished product‚ information & finances in the supply chain‚ a
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problem which every logistics company will be facing‚ which is the shipping delay. The Shipping delay of PKT is due to the unavoidable circumstances‚ many circumstances they PKT facing that are uncertainty‚ due to the PKT is consider sea freight Logistics Company‚ For example‚ the weather‚ pirates‚ technical of the ship and so on. The strategy of PKT Logistics is planning to work on a workshop and the work shop is including port authority‚ shipping liners and some client. This issue must be discussing
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12 Distribution Channels and Logistics Management 12.1 The nature of distribution channels Why are marketing intermediaries used? Why use intermediaries? Means giving up some control over how and to whom products are sold – They are used because they have greater efficiency in making goods available to target markets – Contacts‚ experience‚ specialization‚ scale of operation – N-to-M direct selling‚ N-to-1 + 1-to-M through channel – Producers make narrow assortments in large quantities
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ASSIGNMENT 1 FOR DLM 1/8/2012 1. 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. a. A woman in an emerging-market country of Southeast Asia wishes to buy some cosmetics for herself. She has never done so before‚ and is not entirely sure of on what occasions she will wear the cosmetics. She does not live near a big city
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Inventory Management of a Fast Fashion Fast-Fashion Retail Network Felipe Caro UCLA Anderson School of Management fcaro@anderson.ucla.edu 2012 KUMPEM FORUM ANNUAL RETAIL CONFERENCE Koç University May 18‚ 2012 University‚ 18 Caro: “Inventory Management of a Fast-Fashion Retail Network” Industry-Academia Collaboration • Felipe Caro‚ UCLA Anderson • Jé é i G lli Jérémie Gallien‚ London Business S h l L d B i School • Miguel Díaz‚ Zara CFO • Javier García‚ Zara • José Manuel Corredoira‚ Zara
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This spreadsheet package will help you implement the principles in Achieving Effective Inventory Management. Completely updated and expanded‚ this third edition of the spreadsheets features the newly designed Inventory Performance Simulator‚ which combines the analysis performed by several of the previous spreadsheets. The spreadsheet package includes a CD-ROM‚ sample print-outs and detailed instructions for use. You’ll find the following easy-to-use spreadsheets: Spreadsheet 1: The Inventory
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OPERATIONS AND LOGISTICS MANAGEMENT Submit: 18/08/2008 TABLE OF CONTENTS Introduction…………………………………………………………………………… 03 Executive Summary…………………………………………………………………… 04 Operations strategy……………………………………………………………………. 05 Operations competitive dimensions…………………………………………………… 06 Capacity……………………………………………………………………………….. 07 Location……………………………………………………………………………….. 08 Total Quality Management……………………………………………………………. 09 Flexibility……………………………………………………………………………… 11 Conclusion……………………………………………………………………………
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International Academy for Business and Administration Logistics cost management Thesis Paper Supervised by: Prof. Dr. Siegfried Harmeling Student’s name: Li Li Student’s number: 05213116 Date: May 31‚ 2008 Synopsis In recent years‚ the logistics industry of China is developing rapidly. Even some big-size enterprises fizz in the first‚ second and third industry. It has become the huge and complex industry. The status of the logistics industry is more and more important. As we know‚ the
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your opponent with difficulties throughout the course of the game--is a strategic move (Dupuy‚ 1970). Logistics make it possible for military units to be ready to fight‚ and have the materials to conduct and sustain the fight. Sometimes‚ in very informal military discussions‚ someone will offer a toast: "Amateurs talk tactics. Dilettantes talk strategy. Professionals talk logistics." (Dupuy‚ 1970) In nursing‚ I have to wear hats. I have to be tactical and react to immediate needs. Such an
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