WHAT IS LOGISTICS According to Paul R. Murphy ‚ Jr. and Donald F. Wood‚ who shared the definition as promulgated by the Council of Supply Chain Management Professionals‚ one of the world’s most prominent organizations for logistics professionals‚ defined it as “Logistics management is that part of supply chain management that plans‚ implements and controls the efficient‚ effective forward and reverse flow and storage of goods‚ services and related information between the point of origin and the
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Relief Logistics What is it? The basic task of a logistics system is to deliver the appropriate supplies‚ in good condition‚ in the quantities required‚ and at the places and time they are needed. In reality‚ relief logistics is a systems exercise‚ which involves a performance that is coordinated and integrated from wide group of specialists. Much of this activity‚ particularly the work of the control and support staff‚ is hardly visible to the outsider. Mainly relief logistics is concerned
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with each other in the new Network Economy. FedEx is not only reorganizing its internal operations around a more flexible network computing architecture‚ but it’s also pulling-in and in many cases locking-in customers with an unprecedented level of technological integration. Since its inception in 1973‚ Federal Express Corporation had transformed itself from an express delivery company to a global logistics and supply-chain management company. Over the years‚ the Company had invested heavily
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El- Deen Mustafa Dawood Under the supervision of Dr. Amr Elsaeed Third Party Logistics ( 3PL ) 3PL stands for a third-party logistics provider. This is a company that provides third-party (or outsourced) logistics services for the partial or complete functions of their supply chain management. These types of logistics providers usually specialize in transportation‚ warehousing or integrated operation services that are able to be customized and scaled to the requirements of the customer
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One of the world events related to business is ‘Amazon and Whole foods merger and acquisition’. Amazon- Whole food acquisition is the retailer’s biggest acquisition ever. Amazon and Whole Foods announced the agreement on June 16‚ 2017. Amazon (AMZN) and Whole Foods Market‚ Inc. (WFM) entered into an ultimate merger agreement where Amazon paid $42 per share in an all-cash transaction valued at approximately $13.7 billion‚ including Whole Foods Market’s net debt. Amazon‚ which is sitting on $21.5 billion
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Logistics October 28‚ 2008 The articled uploaded are very good and should be read. The lecture does not follow the format of the book but the book is easy to read and forms a background to the course. Preferred definition: (what is logistics? why are we studying logistics) Slide Logistics/concept 3 In the definition‚ every word counts. Key words underlined. Logistics is a process – continually doing it‚ not just once. You plan‚ implement and control. It includes a planning function‚ something
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LOGISTIC SECTOR 1 CONTENT SERIAL NO. 1. 2. INTRODUCTION INDUSTRY COMPOSITION 2.1 ROAD TRANSPORT 2.1.1 LOGISTIC COMPANIES ENGAGED IN ROAD TRANSPORT 2.2 RAIL TRANSPORT 2.2.1 LOGISTIC COMPANIES ENGAGED IN RAIL TRANSPORT 2.3 SHIPPING 2.3.1 LOGISTIC COMPANIES ENGAGED IN SHIPPING 2.4 AIR CARGO 2.5 WAREHOUSING 2.5.1 LOGISTIC COMPANIES ENGAGED IN WAREHOUSING 2.6 CONTAINER FREIGHT STATIONS/ INLAND CONTAIN DEPOTS(CFS/ICD) 2.6.1 LOGISTIC COMPANIES ENGAGED IN CFS/ICD 2.7 PORTS 2.8 COLD CHAINS 2.8.1 LOGISTIC
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Impact of Outsourcing Logistics Levels on Logistics Service Performance Mr. Zaryab Sheikh (Corresponding Author) Email: justzaryab@gmail.com Ms. Shafaq Rana Email: shafaq_rana@hotmail.com Mr. Samiullah Email: sami.mgt@gmail.com Ms. Sadia Umar Email: sadiaumar@ciitlahore.edu.pk Address: Department of Management Sciences‚ COMSATS Institute of Information Technology‚ Lahore‚ Pakistan ABSTRACT The contemporary dynamic business environment is characterized by the short life span of the products due
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Case Abstract- Logistics industry in India has seen a tremendous growth in the last decade. In 2010 it recorded revenues of about US$ 82 billion. It generates employment for 45 million people in the country. The industry is forecasted to grow at a CAGR of approximately 8-9% over the next few years. The primary growth drivers in the industry are: Investments in the infrastructure sector Streamlining of indirect tax structure with introduction of VAT and the proposed GST Robust trade growth
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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
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