Introducing logistics 1.1 Definition of logistics According to a widespread definition‚ logistics (from the Greek term l´ gos‚ which o means ‘order’‚ or from the French loger‚ which means ‘allocate’) is the discipline that studies the functional activities determining the flow of materials (and of the relative information) in a company‚ from their origin at the suppliers up to delivery of the finished products to the customers and to the post-sales service. The origins of logistics are of a
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Main factors affect the refined oil yield: 1‚ the alkali refining loss (1) for removal of colloid in hair oil‚ free fatty acid‚ moisture‚ impurities and other form of loss; (2) in the process caused by the loss of neutral oil saponification‚ emulsification; (3) theoretical calculation formula: alkali refining losses = 0.2 + 1.25 x (FFA % % + water + phosphatide content % % + 0.3% + impurities) 2‚ decoloring loss mainly for adsorption bleaching waste clay in oil absorption caused by the loss
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Industrials / China 16 December 2013 Initiation: ready to move up in the world China Logistics Sector • We see the development of China’s logistics industry in the next decade following the path established by the US‚ Japan and Korea • Given a growing need for cost savings‚ emerging 3PL services and a demand boost from e-commerce should be major sector drivers • Positive rating; top pick Sinotrans; also recommend SZI‚ CIMC See important disclosures‚ including any required research
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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. She is too poor to own a car‚ but has a bit of extra money for a small luxury. b. A manufacturer uses a particular industrial chemical in one of its large-scale production
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What is Affect Control Theory? A very significant part of Sociology’s chapter on control theories is the Affect Control Theory. This theory says that every individual conduct themselves in such a way that they can generate feelings suitable to their interpretation of any situation or event. This behavior is known as the affective meaning that the individuals maintain through their actions which seems relevant to their understanding of any context. This affective meaning is the base of all social
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Discuss the growing demand for logistics. (10m) The reason for the rapid growth of the logistics industry can be attributed to the fact that a majority of the companies dealing in logistics operations target clients of medium size instead of targeting the stalwarts of the logistics industry. Nowadays‚ the advance IT technologies had make the internet retail or online shopping is growing rapidly and this will be an increasing source of demand for both large and smaller logistics units. For example‚ Groupon
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quantity sold/used in one transaction as well as minimum and maximum quantities. • Compare your current inventory value‚ turnover and return on investment to potential “ideal” values. You can then see how varying safety stock and other parameters will affect your service level and inventory investment. • Employ user maintained controls to smooth out unusually high or low usage. • Graphically review the history and suggested replenishment parameters of a specific item comparing the results of all 11
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Plaza‚ the Logistics park of Zaragoza Case Analysis Supply Chain Network Diagram The supply chain flow and the respective lead times Option 1 Option 2 Average Cycle Time(Days) Rotterdam Zaragoza Average Time to reach the port 29 24 Time spent at port 1.5 1.5 Time from warehouse to customer 0.5 1.5 Total average lead time(days) 31 27 The average time to reach the port was averaged for each option 1 from the data given Demand‚ Inventory and Safety Stock Option
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With the Cement industry showing a downward trend in profit margins‚ better logistics management proves beneficial to many of the cement manufacturers. Let us explores the various modes of logistics that can provide a cost-effective means of cement transportation. Cement‚ being a bulk commodity‚ transporting is a costly affair. The selling and distribution costs account for around 21% of production cost. In 2009-10‚ top 30 cement companies spent more than Rs 10‚000 crore to carry cement to the consumer
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Dubai Logistics City Introduction: Dubai Logistics City is part of Dubai government’s development program‚ in 1967 construction began in deep-water harbour‚ initially planned for four berths‚ but after completion it was able to harbour 35 berths. Later‚ a second port was developed in southern part of the city‚ which has become a world’s largest man made port. Dubai Logistics City (DLC) is the world’s first truly integrated logistics platform with all transport modes‚ logistics and value added
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