Part A Question 1 The four primary logistic activities are: 1. Transportation A key logistics activity is to actually provide for the movement of materials and goods from point of origin to point of consumption‚ and perhaps to its ultimate point of disposal as well. Transportation involves selection of the mode (e.g.‚ air‚ rail‚ water‚ truck‚ or pipeline)‚ the routing of the shipment‚ assuring of compliance with regulations in the region of the country where shipment is occurring‚ and selection
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Minimize products disposal during end-ofseason sale • Only about 18% of total products would be discounted • More choices in current trends • Around 12‚000 styles/yr • There are always new styles waiting to take up the space ZARA’S LOGISTICS AND SUPPLY CHAIN Supercharged Product Development (Designing Process) • 1000 new styles per month designed by about 200 people • Each styles is only produced to 200k-300k retail sales • The high cost of product design and development
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problems may result in delays‚ in customers’ dissatisfaction‚ in lost sales‚ and in high expenses of fixing the problems once they occur. World-class companies‚ such as Dell Computer‚ attribute much of their success to effective supply chain management (SCM)‚ which is largely supported by IT. In this chapter we describe the nature and types of supply chains and explain why problems occur there. Then we outline the IT-based solutions‚ most of which are provided by integrated software such as MRP and ERP
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Application of information technology for international logistics management In recent years‚ logistics has been identified as having the potential to become the next governing element of corporate strategy to create value for customers‚ generate cost savings‚ enforce discipline in marketing efforts and extend the flexibility of production and information technology helps to improve the logistics management. LIS is defined as a management information system providing management with relevant
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its own business models‚ its strategic relevance to improve the bottom line of their business. The collected data deal encompasses all the three element of SCM: Demand‚ Supply and the Inventory management. The data includes but is not limited to the innovative measure taken by these industry leaders to cut cost in all three major area of SCM‚ Supply‚ Demand and Inventory management‚ the percentage cost allocation of these three into their total business operation and the industrial landscape comparison
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information technology COSCO noticed the importance of information technology among global shipping and modern logistics‚ so it used lots of time and money in research and development of IT. COSCO Network Ltd. of COSCO Group provided software development‚ e-commerce services‚ data center management‚ etc. hence to become an international first class high tech enterprise in Chinas shipping and logistics industries. Company size COSCO owns and controls over 800 modern merchant vessels with a total tonnage of
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Abstract The rapid development of global commerce has drove logistics to reduce products lifecycles‚ increase response and action efficiency and optimize investments of inventory for current businesses. Therefore‚ logistics plays a pivotal role in nowadays commerce. The objective of the report is to discuss and evaluate the existing logistics theories. Whereas‚ DHL will be selected as a case study so as to get a further understanding on logistics according to the analysis result. Introduction As with
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Delivering the Goods – Godrej Consumer Products Story Godrej Consumer Products supply-chain has adopted replenishment philosophy like first nature – a story that has many takeaways for Indian consumer goods companies. And the man in the thick of the action is rakesh Sinha‚ Chief operating offi cer (Marketing & operations)‚ GCPL. Aanand Pandey reports. If you are an FMCG supply-chain buff‚ then Godrej Consumer Products (GCPL) is where the action is at the moment. The reason: Godrej group has
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Chapter 2 Conceptual Frameworks for Supply Chain Management No great discovery was ever made without a bold guess. Isaac Newton 2.1 Agile‚ Flexible and Responsive Supply Chains To ensure long-term competitiveness and survival‚ companies implement new strategies‚ based on collaboration with business partners and an advanced utilization of IT and Web services (Geunes et al. 2002). Various competitive strategies of agile‚ responsive and flexible SCs have been developed over the last decade
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business management and economic theory. The role of Procurement & Supply chain was always seen as a secondary activity in the organization and its supportive role to production were encouraged in classical materials management. In the recent years SCM has been re-evaluated in the value chain of whole industries and therefore reemphasized the strategic role of Procurement for the supply chain. Procurement & supply chain mamagement is divided into 5 steps or activity fields: supporting activities
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