effective quality management practices can lead to improved organisational performance‚ some would argue that the importance 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
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What is Logistics? Overshadowed behind all the excitement given to supply chain management and the technology developed to support it is a lesser known part of the business operations known as logistics. Some might regard logistics as mundane and staid compared to other supply chain initiatives but they don’t get the whole picture. However‚ logistics professionals and knowledgeable managers know that to fulfill customer orders effectively and efficiently‚ a business should employ a good logistics
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What is logistics? "Logistics means having the right thing‚ at the right place‚ at the right time." [pic] Logistics - (business definition) Logistics is defined as a business planning framework for the management of material‚ service‚ information and capital flows. It includes the increasingly complex information‚ communication and control systems required in today ’s business environment. -- (Logistix Partners Oy‚ Helsinki‚ FI‚ 1996) Logistics - (military definition) The science of planning
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The Role of Logistics in the Organization Logistics is critical to the success of every organization. Once considered an important behind-the-scenes operational activity‚ logistics is now recognized as a strategic tool for creating customer value and loyalty. Companies like Wal-Mart‚Coca Cola‚and Nike attribute a great deal of their success to their global logistics systems. They realise that integrating activities within the organization and across the logistics pipeline‚ building strong relationships
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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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THE QUALITY ORGANIZATION By:Suzanne Mahony MOTIVATIONAL THEORIES IN HEALTHCARE “Expectancy theory states that an individual tends to act in a certain way based on the expectation that the act will be followed by a given outcome and on the attractiveness of that outcome to the individual (Robbins & Coulter‚ 2012). ’’ Equity theory is about the outcomes and the relationship with the inputs. There is then a comparison with the outputs and inputs ratios. “Reinforcement theory says that behavior
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of Boxes ....................................................................................................... Abbreviations ..................................................................................................... CHRONOLOGY OF MAJOR INITIATIVES BY SEBI ..................... vi ix x xi xiv PART ONE: POLICIES AND PROGRAMMES 1. 2. GENERAL MACRO-ECONOMIC ENVIRONMENT .............. REVIEW OF POLICIES AND PROGRAMMES ....................... I. Primary Securities Market .............
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Quality Management Organizations The American automobile industry chose to benchmark from the Japanese industry after they saw that they had gained the competitive advantage with better quality products. They did not understand the quality management concept and was not interested in using statistics for continual improvement. Edward Deming‚ an American citizen‚ was sent to Japan and taught his quality management concept using his 14 points for management approach because he believed that poor quality
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There is a need for quality and safety improvement initiatives within healthcare and many organizations often seek performance improvement initiatives in order to improve clinical outcomes. As well as patient satisfaction levels in addition to reducing any operational costs that may be incurred. However if efforts are not executed properly they can become issues that exhausts the healthcare organizations resources time‚ and money without showcasing any real sustainable improvements. One of the
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History of Southwest Airlines On February 20‚ 1968 the Texan Aeronautical Commissions approved plans to fly in 3 states‚ the creators are Rollin King and Herb Kelleher Expanded through 1980’s to 1990’s by 1993 Southwest Airlines could fly in 34 states in 15 states In 2002 they traveled in 58 cities and 30 states‚ it has been 13 years in a row that they are profitable‚ even after September 11‚ 2001‚ net income fell 52.9 percent‚ Southwest was the only airline company that had a profit all the
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