Shipping KPI Project Past‚ present and future Today’s topic • Shipping KPI Project Goals • Shipping KPI Project Methodology • Shipping KPI Project Achievements Current industry situation • Too many different indicators (KPIs) • Comparison of performance between companies is difficult due to lack of standardization • Difficult to mobilize organizational focus on quality improvement • Additional manpower required to present the same information in many different ways (onboard‚ in office
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US shale gas exploration and whether their impact is long- or short-lived. The LNG tanker market is a market highly specialized and sophisticated with some of the most complex and expensive vessels on its hands. As is the case with most transport modes‚ also LNG shipping is derived from the demand and supply of its underlying commodity: natural gas. Natural gas is one of the major energy sources and looking at increasing crude oil prices and emission control regulations in both the US and Europe
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Public Transport Feasibility Study Tender Document July‚ 2008 Galway City Council Transportation Unit Public Transport Feasibility Study Study Brief Contents 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. Introduction Background Objectives Study Requirements Deliverables Available Information Study Administration Additional Tender Information Assessment of Tenders Freedom of Information Act Conditions of Appointment Data Protection Form of Contract Tender
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Economy Shipping Company It is recommended that Economy Shipping Company (ESC) replace the steamboat‚ Cynthia‚ with a new diesel powered boat. The analysis assumed no operating cost in 1950. Although ESC was presumably still in service during this analysis‚ the costs associated with the project evaluation were not accounted for until 1951. It was also implicit in the NPV calculations that any upgrade required subsequent to 1950 could be performed without any interruption to the daily
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Example 5.4: Producing and Shipping Tomato Products at RedBrand The RedBrand Company produces a tomato product at three plants. This product can be shipped directly to the company’s two customers‚ or it can first be shipped to the company’s two warehouses and then to the customers. Figure 5.17 is a network representing RedBrand’s problem. Nodes 1‚ 2‚ and 3 represent the plants (suppliers denoted by S)‚ nodes 4 and 5 represent the warehouses (transshipments nodes denoted by T)‚ and nodes 6 and
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Case Title: The Shipping Industry Accounting Team Case summaries must be submitted before class‚ on the days they are called in‚ to receive marks. 1) What type of team was formed here? Was it necessary‚ in your opinion? A virtual team was formed here. I think it was necessary‚ because all of the three firms made a decision together to not focus the whole business on only one office. Teams were put together with members from different areas of the country and had to communicate
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The Science of Transportation: Ancient World: The Wheel: • How do they work? Wheels work by rolling along a surface. The curved surface of the wheel reduces the friction between the two surfaces due to a decrease in surface area. With less friction it is much easier to move an object. This is because rolling friction is much weaker than sliding friction. • How did they come to be? The wheel was invented in prehistoric times; as the oldest example of a wheel yet found is from the region of
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Definition In the context of humanitarian organisations transport is defined as: “The activities involved in moving supplies from point of origin to internal customers or beneficiaries”. The aim of transport is to physically move supplies in a reliable and safe manner‚ on time‚ cost effectively and efficiently to its destination. Policies The rapid growth of technology and the changes in the delivery of humanitarian aid has done little to change the fact that relief supplies still have
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Porter Five force Model The shipping industry is nowadays a contestable business especially for the container business which occupies more than 80% of the international trade. Therefore‚ it is better to 1) examine the intensity of competition in the industry and hence 2) industry profitability since competition can drive down the rate of return‚ so it is easier to investigate the way to formulate thee competitive strategy in this industry. Therefore‚ the company can 3) identify the position in the
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How Freight Shipping Services reduce major moving and transport complications Companies having common cargo loads may experience the requirement for faster consignment delivery. Many services have been designed for meeting the emergency shipments requirements as time plays a crucial role for moving and transport services. The clients and facilities may require shipping with extreme care and speed to continue with operations and meet end customer demands. As any company expands operations to
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