MBA 4.2: LOGISTICS MANAGEMENT Module 1 Introduction to Logistics and its interface with production and Marketing; Measures of Logistics; Physical distribution and logistics. Introduction to Logistics • When total supply chain system is integrated over a firm‚ it is known as logistics • It is an integrated effort aimed at helping customer value at a lower cost. • Without logistical support‚ marketing and manufacturing departments cannot accomplish product in timely or fresh manner. • The value of
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Bibliography: Administration‚ U. E. I.‚ 2012. What drives crude oil prices. [Online] Available at: http://www.eia.gov/finance/markets/ Anon.‚ 2007. Global value chain. [Online] Available at: http://www.duke.edu/web/soc142/team1/valuechain.html Borade‚ G.‚ 2011. US economic crisis: impact on automobile
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Operations‚ Integration‚ Network Design‚ Information‚ Transportation‚ Inventory‚ Production‚ Inventory Flow Warehousing‚ Material Handling‚ Packaging Integrated Logistics Operating objectives‚ Rapid Response – Minimum Variance – Minimum Inventory Movement‚ Con Life-cycle support‚ Barriers to Internal integration Organization structure Managing operational uncertainty Food & Agriculture Supply Chains: Agriculture Extension‚ Contract Farming Buying versus own manufacturing. International Sourcing Decisions
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Research paper E-logistics and the natural environment Joseph Sarkis‚ Laura M. Meade and Srinivas Talluri The authors Joseph Sarkis is in the Graduate School of Management‚ Clark University‚ Worcester‚ Massachusetts‚ USA. Laura M. Meade is in the Graduate School of Management‚ University of Dallas‚ Irving‚ Texas‚ USA. Srinivas Talluri is in the Department of Marketing and Supply Chain Management‚ Eli Broad College of Business Administration‚ Michigan State University‚ East Lansing‚ Michigan‚ USA
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A.I.L.S Project D.H.L Logistics Vinith perla 0901AEET012 Company profile : DHL Express is a division of the German logistics company Deutsche Post providing international express mail services. Deutsche Post is the world’s largest logistics company operating in all four corners of the globe. DHL is a world market leader in sea and air mail. Originally founded in 1969 to deliver documents between San Francisco and Honolulu‚ the company expanded its service
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Logistics is the management of the flow of resources between the point of origin and the point of consumption in order to meet some requirements‚ for example‚ of customers or corporations. The resources managed in logistics can include physical items‚ such as food‚ materials‚ equipment‚ liquids‚ and staff‚ as well as abstract items‚ such as time‚ information‚ particles‚ and energy. The logistics of physical items usually involves the integration of information flow‚ material handling‚ production
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Abstract What are the key elements that foster effective communication in business? In reading and researching for this question‚ I have found that the elements for communication are crucial to having an understanding of what is being communicated. The element of choosing the right channel of communication is essential to a company for the employee and managers alike. When this element is clear to everyone‚ there is better understanding as to how to communicate with one another. The element of listening
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The Value Chain 7 6. The Value Chain 9 7. Summary 11 8. Discussion Questions 12 9. References / Reading List 12 1. The Supply Chain It will be recalled that the supply chain is a concept that was covered at some length during lecture one. What we shall do here is to offer only a basic overview of the concept‚ to refresh the memory. Supply chain management has been defined by members of ‘The International Centre for Competitive Excellence’ in 1994 as: “Supply chain management is the integration
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Advantages of Logistics Outsourcing In the face of increasingly intensified competition in the emerging globaleconomy‚ manufacturing and retail firms are progressively turning to outsourcing of their logistics functions. Outsourcing is a viable business strategy because turning non-core functions over to external suppliers enables companies to leverage their resources‚ spread risks and concentrate on issues critical to survival and future growth. One way of extending the logistics organization
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CH1 60. (p. 2) What are the three reasons negotiations occur? Negotiations occur for several reasons: (1) to agree on how to share or divide a limited resource‚ such as land‚ or property‚ or time; (2) to create something new that neither party could do on his or her own‚ or (3) to resolve a problem or dispute between the parties. 70. (p. 15) Describe the strategies and tactics a negotiator would employ in a distributive bargaining situation. In distributive situations negotiators are motivated
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