1. Why is it important for a firm to periodically review its logistics network design? How do a firm’s requirements for its logistics network change over time? 為何公司週期性地檢視物流網路設計是重要的？公司該如何要求物流網路隨著時間改變？ The factors that affect the performance of the logistics network are not static‚ i.e.‚ they change over time. These factors include demand‚ product design‚ various costs in the logistics network‚ regulations‚ contracts‚ etc. The effects of these dynamics need to be evaluated periodically in order
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Logistics is the process of strategically managing the procurement‚ movement and storage of materials‚ parts and finished inventory (and the related information flows) through the organization and its marketing channels in such a way that current and future profitability are maximized through the cost-effective fulfilment of orders. supply chain management The management of upstream and downstream relationships with suppliers and customers to deliver superior customer value at less cost
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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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necessary diagram explain about data warehouse development life cycle . Ans : Introduction to data warehouses. Data warehouse development lifecycle (Kimball’s approach) Q. 2. What is Metadata ? What is it’s uses in Data warehousing Archietechture ? Ans : In simple terms‚ meta data is information about data and is critical for not only the business user but also data warehouse administrators and developers. Without meta data‚ business users will be like tourists left in a new
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marketing and major logistics objectives. Although marketing and logistics can be classified as two totally different subjects in the University‚ there are a lot of similarities‚ and undoubtedly‚ some critical differences. In this article‚ I will begin by discussing the similarities and differences between major marketing and logistics objectives‚ followed by some other discussion on warehousing and inventory management issues. First of all‚ one of the major objectives of both logistics and marketing
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References: Bowersox‚ Donald J.‚ Closs‚ David J. & Cooper‚ M.Bixby : “Supply Chain Logistics Management”‚ The MCGraw-Hill Companies‚Inc. ‚ 2nd ed. 2007. Bowersox‚ Donald J.‚ Closs‚ David J. and Theodore P.Stank‚ 21 st Century Logistics: Making Supply Chain Integration a Reality ‚ Oak Brook‚ IL; Council of Logistics Management‚ 1999. Copacino‚ William C. “Supply chain management: The basics and beyond”‚ CRC Press LLC‚ 1997. Schroeder‚ Roger G. : “Operations
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Final exam logistics 1.) Ikea case: (the 3 main topics) a. Competition between suppliers The structure of Ikeas logistic creates a high competition between their suppliers. It is because Ikea is subdivided into (many) Trading Areas‚ which compete for the commissions the headquarters of Ikea (Ikea of Sweden) gives. Each Trading Area tries to find the best thus cheapest solution for producing and delivering a product‚ so each of them negotiate with their suppliers and make an offer to the headquater
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Information Technology (Declared Deemed to be University u/s 3 of UGC Act) A-10‚ Sector 62‚ Noida (UP) India 201 307 www.jbs.ac.in Logistics and Warehousing Corporate Internship Report Internship Report submitted as a partial requirement for the award of the two year Master of Business Administration Programme MBA 2012-14 Name: Nitin Sharma Central Warehousing Corporation‚ Inland Container Depot‚ Patparganj Corporate Internship Supervisor: Mr. Anang Pal‚ Manager Mr. V.K Dikshit (IMPORT)
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Logistics is the management of the flow of resources between the point of origin and the point of consumption in order to meet some requirements‚ for example‚ of customers or corporations. The resources managed in logistics can include physical items‚ such as food‚ materials‚ equipment‚ liquids‚ and staff‚ as well as abstract items‚ such as time‚ information‚ particles‚ and energy. The logistics of physical items usually involves the integration of information flow‚ material handling‚ production
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WHAT IS LOGISTICS According to Paul R. Murphy ‚ Jr. and Donald F. Wood‚ who shared the definition as promulgated by the Council of Supply Chain Management Professionals‚ one of the world’s most prominent organizations for logistics professionals‚ defined it as “Logistics management is that part of supply chain management that plans‚ implements and controls the efficient‚ effective forward and reverse flow and storage of goods‚ services and related information between the point of origin and the
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