In this assignment‚ we are going to focus on 4 aspects of logistic processes 1. Procurement‚ Purchasing and Sourcing 2. Inventory Management 3. Warehouses and Distribution 4. Supply Chain Technologies Our project is based on 2 companies‚ IKEA and NTUC Fairprice. We will describe the 4 logistic processes and how it affects both these firms. The report will also analysis the various logistical issues they face. Background NTUC FairPrice NTUC FairPrice is a social enterprise of Singapore
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United Parcel Service Background History: Founded in Seattle‚ Washington in 1907 by Jim Casey and Claude Ryan. Products/Services: Courier Express Services‚ Freight Forwarding Services & Logistics Services. Turnover: US$54.10 billion (2012) Pre-tax Profits: US$1.34 billion (2012) Total Assets: US$38.86 billion (2012) Total Equity: US$4.73 billion (2012) Employees: > 400‚000 Headquarters: Atlanta‚ Georgia Business Area: Worldwide Current Standing: - World
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Jasmine Coney MKT/421 September 29‚ 2014 Andrea Benjamin Supply Chain Paper Supply chain logistics are an essential element of the world economic system. Goods can be exchanged from numerous global corporations‚ with a form of value accumulating at each additional stage. A supply chain can be described as “the complete set of firms and facilities and logistic activities that are involved in producing materials‚ transforming them into intermediate or finished products‚ and
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While supplying a fairly good grade and desirable product‚ Noruega exploits its supply chain and caters to this demand by focussing on efficiency to minimise its cost in sourcing‚ standardise production‚ process engineering‚ capacity utilisation‚ logistics‚ service as well as marketing. (Porter‚1980). This gives them the edge albeit‚ a minimal margin per unit. Using frozen and farmed fish means the production process need not be seasonal. It also enables sourcing fish when cost is low and selling
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were their GSCM execution processes planned to support this strategy? In order to achieve product innovation as competitive advantage‚ execution process has support such strategy in all dimension‚ such as supplier management‚ production management‚ logistics management‚ service management and order management. In supplier management‚ Hair collaborate with suppliers to work with reduced number of suppliers to develop a cooling system that reduced refrigerator power consumption by 30 percent and time to
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Week 5 Problems Applied Business and Research Statistics 561 1. SupplyCo. is a supplier to a number of firms in an industry. By carefully mining its customer data warehouse‚ SupplyCo. reveals a plausible new model for manufacturing and distributing industry products that would increase the overall efficiency of the industry system‚ reduce costs of production (leading to greater industry profits and more sales for SupplyCo.)‚ and result in greater sales and profits for some of the industry’s
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Case Study on Dabbawallah of Mumbai Submitted by : RIL -MDP Taruna Upadhyaya Pankaj Nimavat Siddhartha Chaturvedi Assignment Questions for the case: 1. What is the basis for the success of the Dabbawallahs of Mumbai? What factors need to be in place for a service like the Dabbawallahs to work effectively? Basis for the success of the Dabbawallahs of Mumbai is that they were all working for a single purpose of delivering a dabba in time for the customer’s lunch. Several distinctive and
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Decision Support Systems Decision support systems are interactive‚ computer-based systems that aid users in judgment and choice activities. They provide data storage and retrieval but enhance the traditional information access and retrieval functions with support for model building and model-based reasoning. They support framing‚ modeling‚ and problem solving. Typical application areas of DSSs are management and planning in business‚ health care‚ the military‚ and any area in which management will
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external entities. Other technological developments include smart cards and radio frequency data communication. Internal Value Chain Analysis: Excellent use of value chain activities. • Inbound Logistics: One of the most important reasons for Wal-Mart’s success has been its inbound logistics. Wal-Mart pioneered the development of a hub-and-spoke distribution system. Its central distribution warehouses are strategically located to serve clusters of Wal-Mart stores which lead to minimized
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A Survey on the Logistics Service Providers in Shanghai Fu Chin Chin(student‚ college of graduate‚ Yeungnam University) Jung-Han Bae(Professor‚ Yeungnam University) Gwi Ok Kim(Student‚ College of Graduate‚ Yeungnam University) ABSTRACT This paper analyses the results of a survey questionnaire which is made for logistics service providers in Shanghai‚ China. Based on 177 valid providers’ responses‚ the study results show that the logistics industry of China consists mainly of small and medium-sized
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