Third Party Logistics – An Overview A third-party logistics firm is a firm that provides outsourced or “third party” logistics services to companies for some portion or all of their supply chain management functions. Typically‚ a core company providing services or products is considered the first party; the customer (or customers) the second party. A third-party‚ then‚ is a firm hired to do that which neither the first or second party desires to do. 3PL typically specializes in integrated warehousing
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Port Development & Logistics (Assignment 1) Student: Zhaofeng Cen Student ID: 171446 Unit Coordinator: Peggy Chen Unit Code: JNB516 Unit: Port Management and Strategy Course: MBA (Maritime and Logistics Management) Due Date: 27 August 2012 Word Count: 1646 words Abstract This essay can be divided into two parts. The first part answered the question about the evolution of port development based on existing conceptual perspectives
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MASTER IN BUSINESS ADMINISTRATION INTERNATIONAL TRADE AND LOGISTICS 2011 Unit Title : International Trade Policy & Practice Unit number : MTL 504 Assignment number : 2 Submission date : 16th October 2011 Student declaration I certify that the attached assignment is my own work. Material drawn from other sources has been acknowledged according to unit-specific requirements for referencing. …………. ………16th October 2011 …. Name/Signature of
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12 Distribution Channels and Logistics Management 12.1 The nature of distribution channels Why are marketing intermediaries used? Why use intermediaries? Means giving up some control over how and to whom products are sold – They are used because they have greater efficiency in making goods available to target markets – Contacts‚ experience‚ specialization‚ scale of operation – N-to-M direct selling‚ N-to-1 + 1-to-M through channel – Producers make narrow assortments in large quantities
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PROJECT INTRODUCTION Background Penny Store is a franchise of convenience stores which will be opening their new store in Kitchener‚ Ontario. Penny Store will be the first 24-hour convenience store that is more like an big dispensing machine than the traditional store. The store is to be built in space of 3200 sq. feet. The store expects to capture market share by becoming the low-cost leader in the convenience store industry by reducing labour expanses. Because of fully automated
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Logistics management covers every stage of the physical distribution process‚ from raw materials and component parts being ordered and delivered to the factory‚ materials handling and storage‚ stock control‚ sales forecasting from which the forecasts of individual components parts‚ transport and storage requirements are derived. Other functions include order processing‚ the purchasing and replenishment of stock‚ packing‚ delivery‚ achievement of set service levels‚ warehouse location‚ fleet
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of quality to logistics systems has not been fully realised. In the last decade the growing importance of quality management has been a widely debated topic. Much empirical evidence links an organisations quality management practices to improved organisational performance therefore greater surplus. Due to increasing global competition‚ competitive priorities have shifted from simply cost to quality and flexibility (DeMeyer‚ Miller‚ Nakone‚ and Ferdows‚ 1989)‚ as a result logistics is applied as
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INTRODUCTION At the beginning of the 21st century‚ retailing has experienced a significant change due to the increase of competition strategies. This report will illustrate the traditional concept of retailing and introduce three new kinds of retail forms and combination’s that has emerged‚ which includes co-branding retailing‚ limited time only stores and retail entertainment in the global market. RETAILING Retail‚ in the traditional sense includes all the activities in selling goods or services
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QUESTIONS: How does Elizabeth currently organize her logistics? What do you think are her aims and priorities? Logistics is the function responsible for all aspects of the movement and storage of materials on their journey from suppliers to final customers. In the Hessingen Herb Farm‚ Elizabeth Kole personally manages the logistics matters. She personally monitors the movement and storage of her products from the raw materials to the customers. Logistics would have played a great part in the expansion
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CALCULATING NATIONAL LOGISTICS COSTS Logistics costs are an important factor affecting the competitiveness of both firms and nations. Firms can enhance their market competitiveness by reducing their logistics costs‚ thus lowering the total costs of goods and services. Greater market competitiveness of a nation’s firms can then give rise to greater national industrial competitiveness on a global scale. Total logistics cost analysis is the key to managing the logistics function. It is important
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