Process Figure: Logistic Framework The figure above shows the logistic process how it works from raw material to end user. Logistics is one of the main functions within a company. Logistics is the management of the flow of goods between the point of origin and the point of destination in order to meet the requirements of customers or corporations. Logistics involves the integration of information‚ transportation‚ inventory‚ warehousing‚ material handling
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Strategic Supply Chain Management: SCM and Lean Management Concepts LAW CHONG SENG University Technology of Malaysia (UTM) cslaw5@live.utm.my‚ mylawcs@gmail.com ABSTRACT One of the most significant paradigm shifts of modern business management is that individual businesses no longer compete as solely autonomous entities‚ but rather within supply chains. In this emerging competitive environment‚ the ultimate success of the business will depend on management’s ability to integrate the company’s
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SHIH-TA CHEN KEITH CHI-HO WONG Li & Fung 2012 op yo This is the year when we see a sea change in our environment. We face a whole brave new world‚ when Asia becomes an important market. Our simple model‚ a company which orchestrates the supply chain‚ sourced primarily from the developing parts of the world and sold to the developed parts of the world‚ has to be changed. — William Fung‚ Deputy Chairman of Li & Fung Limited tC In August 2011‚ William Fung‚ who would become Chairman of
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SUPPLY CHAIN DECARBONIZATION THE ROLE OF LOGISTICS AND TRANSPORT IN REDUCING SUPPLY CHAIN CARBON EMISSIONS Report prepared with the support of Accenture Supply Chain Decarbonization was produced in January 2009 by the World Economic Forum‚ within the framework of the Logistics and Transport Partnership Programme. The significant contribution of Accenture is gratefully acknowledged. World Economic Forum Geneva Copyright © 2009 EDITORS Sean Doherty Associate Director Head of Logistics
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Supply Chain Management In General Electric General Electric also known as GE has been around for many years. GE is a global company that provides a variety of products in the United States and abroad. The company started in 1900 in a barn and they have been much more advanced as the years have progressed. GE has more than 3000 employees working in research facilities throughout the United States‚ India‚ China‚ and Germany. Through the years‚ the company has won several Nobel prizes and other awards
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......... 7 II. Supply chain management...................................................................................... 8 2.1 Concept of Supply Chain Management.......................................................... 8 2.2 Elements of the Supply Chain......................................................................... 9 2.3 Three levels of Supply Chain Management.....................................................11 2.4 Supply Chain Management Technology…….......
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Supply chain management (SCM) is the management of the flow of goods. It includes the movement and storage of‚ work-in-process inventory‚ and finished goods from point of origin to point of consumption. Interconnected or interlinked networks‚ channels and node businesses are involved in the provision of products and services required by end customers in a supply chain.[2] Supply chain management has been defined as the "design‚ planning‚ execution‚ control‚ and monitoring of supply chain activities
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The history of Honda Honda is one of the world’s largest motorcycle manufacturers and of the leaders in the automakers industry. It was founded in 1948 by Soichiro Honda and Takeo Fujisawa. It’s headquarter is in Tokyo‚ Japan and it serves worldwide. Honda has 492 subsidiaries and affiliates accounted under its equity. The company develops‚ manufactures‚ and markets a wide range of products such as: automobiles‚ motorcycles‚ scooters‚ ATV’s‚ electrical generators‚ water pumps‚ lawn and garden equipments
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interest in supply chain management. Against this backdrop‚ effective supply chain management is treated as key to building a sustainable competitive edge through improved inter and intra-firm relationships (Seuring et al 2003). A range of benefits has been attributed to supply chain management‚ including reduced costs‚ increased market share and sales‚ and solid customer relations (Langabeer 2007). There is one paper which presents a major contribution to the field of supply chain management
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primary goals of Starbucks’ coffee bean supply chain as being a customer focused organization The primary goals of the coffee bean supply chain will be to provide total customer satisfaction by ensuring the coffee is available in all varieties‚ at reasonably affordable prices‚ and the coffee meets and exceeds customers’ expectations‚ along with providing the unique experience (as described above)‚ while keeping costs possibly low throughout the whole chain from supplier(s) to end customer(s)
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