Logistics comprises of relatively large number of managerial activities. Discuss five of these activities and why they are important of the logistics system. Logistics is the process of planning‚ implementing and controlling the efficient‚ cost-effective flow and storage of raw materials‚ in-process inventory‚ finished goods and related information from point of origin to point of consumption for the purpose of conforming to customer requirements Logistics is responsible for the movement and storage
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Abstract While sometimes characterized as “stable” the World automotive industry continues to experience dynamic change—change that sweeps across national borders. These changes have struck in particular‚ the U.S and the Japanese automotive industries. To succeed‚ auto manufacturers must manage large and complex supply chains‚ spanning many geographic regions‚ and pursue opportunities in diverse national markets. While national policies play an important role in shaping the environment for local
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Case Study US Dairy Industry Leader Supply Chain Strategy and Network Optimization Overview With annual sales of more than U.S.$44 billion‚ this Dairy Industry Leader is one of the largest processors and distributors of milk and other dairy products in the United States. The company sells milk and a full range of other dairy products under more than 50 wellknown local and regional brands and a wide array of private labels. Business need: The company looked at its supply chain and saw that it
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Supply Chain Management SUPPLY CHAIN ASSIGNMENT ON SUBMITTED TO- MS HARLEEN SAHNI SUBMTTED BY- ANKKIT RAJ McDonald’s Corporation is the world’s largest chain of hamburger fast food restaurants‚ serving around 68 million customers daily in 119 countries. Headquartered in the United States‚ the company began in 1940 as a barbecue restaurant operated by Richard and Maurice McDonald and in 1948 they reorganized their business as a hamburger stand using production
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7th Annual SEMATECH Symposium Japan Supply Chain Management in Electronics Industry IHS iSuppli Japan Akira Minamikawa aminamikawa@isuppli.co.jp Agenda Impact of earthquake What changed in the past 10 years? What changes in the next 10 years? iSuppli Corporation – 2 Copyright 2000-2009 iSuppli Corporation. All Worldwide Rights Reserved. Confidential – Patents Pending Supply Chain • Japanese have high market share in material market Components Electronics
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PROJECT PROPOSAL Rationale Construction Industry is a complex‚ dynamic and multidisciplinary organization that is characterized by uncertainty and very innovative due to the uniqueness of its products. The industry faces a lot of pressure in the areas of improved processes that will encourage efficiency in the project success criteria. This assures its Clients of a timely delivery of a project on budget and to the required quality and standard. (Latham‚ 1994)‚ in his report‚ ‘Rethinking Construction’
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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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IQRA UNIVERSITY Assignment Supply Chain Management Submitted By Zain Ali Samo 6261 Submitted to Mr. Masood Sabzwari Date 17-9-2013 What is reverse logistics (RL)? How does it differ from forward logistics? Many organizations and individuals have tried to define Reverse Logistics. We refer to the term "reverse logistics" as all activity associated with a product/service after the point of sale‚ the ultimate goal to optimize or make more efficient aftermarket activity‚ thus saving money
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1.2 What specific role does logistics play in supply chain operations? Logistics is the primary conduit of product and service flow within a supply chain arrangement. It is the work required to move and to position inventory throughout a supply chain. It is a combination of order management‚ inventory‚ transportation‚ warehousing‚ material handling and packaging as integrated throughout a facility network. Logistics is essential for effective supply chain connectivity. 1.4 Compare and contrast
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LogForum > Electronic Scientific Journal of Logistics < http://www.logforum.net ISSN 1734-459X 2010 Vol. 6 Issue 3 No 3 EVOLUTION OF COMPETENCIES OF LOGISTICS AND SUPPLY CHAIN MANAGERS Danuta Kisperska-Moroń University of Economics‚ Katowice‚ Poland ABSTRACT. One new concept emerging in current business reality is a virtual supply chain. This paper indicates in what way a virtual supply chain‚ that is subject to constant changes‚ influences the requirements for competencies of managerial
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