Chapter 1 An overview of logistics Economic impacts of logistics Economic utility (the value or usefulness of a product in fulfilling customer needs or wants) 4 general types: * Possession utility : the value or usefulness that comes from a customer being able to take possession of a product * Form utility : a product’s being in a form that can be used by the customer and is of value to the customer(allocation; smaller quantities that are desired by customers) * Place utility :having
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The Right to Own Pit Bulls April Williams April 4‚ 2013 Everest University The Right to Own Pit Bulls Should people be allowed to own Pit bulls? According to Defend Pit Bulls (July‚ 2009)‚ the Pit bull breed makes up 5-9.6% of the United States dog population‚ in 2007 there were 72 million dogs in the US making that between 3‚600‚000 and 6‚912‚000 Pit bull breed dogs in the United States. This particular breed of dog is typically stereotyped against as being a vicious and dangerous breed
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How does‚ Amazon changed the world? In 1995 amazon sold their first book‚ Fluid Concepts & Creative Analogies: Computer Models of the Fundamental Mechanisms of Thought. And then the rise of a huge company that will change online trading began. Amazon had such an impact on customers that it changed their buying habit they made it easy to find any kind of product for a lower price. Most of the people today‚ even if they buy something from physical store‚ they’re first looking it up online to see if
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DEFINITION Philip Kotler‚” Logistics is defined as planning‚ implementing and controlling the physical flow of materials from the point of origin to the point of use‚ to meet customer needs at a profit.” Source Philip Kotler‚Marketing management pearson education According to American Marketing Association‚ logistics may be defined as‚ “the management of all activities which facilitates movement and the coordination of
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Case 4: Amazon: One E-Store to Rule Them All 1) The CEO of Amazon.com‚ Jeff Bezos‚ effectively employed both intuitive and systematic thinking when he developed the Kindle for sale. Through Bezos’s creative idea in the Kindle‚ one can see that he makes decisions that seem to be based off of intuitive thinking. With this approach‚ people make decisions according to their past experiences and gut feelings‚ as opposed to analyzing all of the facts. Bezos took a risk in the creation of the Kindle
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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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By Hossam 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
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Founder Jeff Bezos started Amazon in 1994 which became a multi-billion dollar company. Jeff wanted to provide service to people all over the world with books‚ but end up meeting the needs of much more. People doesn’t have to go out their home to looks for an item all over the city. Amazon.com owns many other online companies such as Zappos.com‚ Alexa internet‚ IMDb‚ Lovefilm‚ The book depositary‚ Woot‚ and many more. Even if someone doesn’t order anything off of amazon‚ you could be ordering items
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12/17/2013 Professor Andersen Amazon.com Amazon is one of the largest companies selling products online. They specialize in vendors and/or have individuals send an item to the Amazon company warehouse and Amazon.com can sell the product. This company is versatile and sells all items from sleep wear to cook ware. Basically‚ vendors‚ individuals‚ and Amazon’s warehouse can all sell goods and make it available to do so. Like all companies‚ Amazon has policies and procedures to protect both the
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Anti-discriminatory practice 5. Health & Safety 6. Confidentiality 7. Whistleblowing Bvi Explain how your role contributes to the overall delivery of the service provider There are many things that I do that contribute to the overall delivery of the service provider‚ for example I provide the best possible care I can give to the service users & families of those service users by communicating effectively & being involved in their day to day activities and personal
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