...PART C QUESTION 1 In his book, The World Is Flat, Thomas Friedman, discusses 10 major forces that have helped to “flatten” the world from an economic perspective. One of the 10 forces is what he describes as supply chaining, a method of collaborating among businesses to manage the flow of goods, information, and cash to deliver “value” for the consumer. This type of collaboration has stretched vertically and horizontally on a global basis to become a cornerstone of competitive strategy for successful organizations in today's global marketplace. The whole planet is a single production field with the standardized operating rules. Factually, this is the fundamental meaning of the “flat world” concept, offset by information technologies. Flat world indicates that technology has allowed individuals and smallgroup of people to connect to the world’s ‘knowledge pools’ to create an unbelievable set of opportunities for collaboration in supply chains. It provoked oppurtunities to less developed countried by technology. Collaboration oppurtunities with individuals and companies throughout the globe have increased. This factor also increase the need for efficiencies and effective supply chain. Supply chaining is connected as a motivation for firms to outsource their manpower, therefore creating a business globally. Among the 10 factors Friedman presents supply-chaining, a system of working together horizontally among retailers, suppliers, and customers to create value. Important human...
Words: 1030 - Pages: 5
...UNIVERSITY OF LIVERPOOL ON-LINE DEGREE PROGRAMME MODULE: LOGISTICS AND INTERNATIONAL TRADE FACULTY MODERATOR: Dr Armin Zehtabchi STUDENT: RICHARD WALWASA ASSIGNMENT QUESTION WEEK 4: Question: Read the paper and evaluate the arguments put forward by Professor Christopher to arrive at a conclusion about what makes up the essential characteristics of effective logistics. What value does his thesis that there are 'three feasible pipeline designs' have for your industry or an industry you know? Introduction: In his paper, Professor Christopher, examines a number of arguments in an aim to come up with unique essential characteristics of an effective supply chain. He has discussed matching of pipelines to the market place needs under conditions of demand volatility and price pressure and thus discovers that the scenario of “one size fits all” does not apply to pipe line design, implementation and control. In his analysis of various researches from other authors, he suggests appropriate supply chain strategies that can be developed upon existing contingent market characteristics to achieve high level of customer responsiveness at a less total cost to the supply chain as a whole. He considers three key dimensions that may lead to a taxonomic approach to selection of the appropriate strategy with in a supply chain as: • Product characteristics • Demand characteristics • Replenishment lead time He marries together particular combinations of lean/agile...
Words: 1173 - Pages: 5
...GFML 3053 INTERNATIONAL LOGISTICS CASE STUDY ASSIGNMENT 1 GROUP B ------------------------------------------------- LECTURER: Assoc. Prof. Dr. Nik Ab Halim Nik Abdullah ------------------------------------------------- NAME: Nor Fadilah Binti Anwari MATRIC NO.: 234866 Answer 1 Mali’s mango industry faced many problems which are poor transport connections, small markets and lack in managing organization and technical assistance. Poor transport connections of sea shipment logistics because it is land-locked countries and the exportation of mangoes to the small market of air-freighted was less efficient to supply fresh mangoes from Mali to Europe. The high cost of air-freight was impeding the expansion of production and export. Other than that, producers lacked in organization, extension services were non-existent and no incentives to private operators were given. Moreover, other problem is the little or no technical assistance provided to the farmers due to mangoes are cultivated by smallholders that only representing less than five hectares of the plantations. Apart from that, full payment to the farmers was often haphazard. This arrangement resulted in little investment in the horticultural sector specifically in the plantations sector and difficult in finding an investors for the export of perishables from land-locked countries. As a consequence, grower revenues diminished significantly with current yields estimated at only 20% of the export potential...
Words: 850 - Pages: 4
...International trade logistics could be termed is reflection of Governmental Policies, Geopolitics, foreign relations ,World Economy, Infrastructure development, Skilled workforce and Secured Supply Chain etc. Governmental policies: Exchange logistics may be characterized as the procedural and narrative foundation of generation and transport logistics which empowers cargo to change hands by method for business exchanges. At the heart of exchange logistics lies the arrangement of guidelines overseeing business reports and systems, saving money what's more, money related securities, transport and delivering bills, and shows which control worldwide streams of products by organizing supply and request from vender to purchaser and of installment from purchaser to dealer. The merchandise's physical development from creation to last destination may be prove by proper records. Installment, be that as it may, is affected by trust between the business parties, their requirement for money, and by administrative exchange arrangements and trade control regulations. Thusly, the "narrative credit" procedure is at the heart of exchange logistics, and is a critical universally perceived strategy by which installment of universal exchange emerges Geo-politics: Worldwide worth chains have turned into a predominant element of the world economy. With creation progressively divided and frequently disseminated crosswise over national limits, accomplishment in worldwide exchange depends...
Words: 1480 - Pages: 6
...INTERNATIONAL TRADE LOGISTICS & DOCUMENTATION ASSIGNMENT- Logistics details of Light Diesel Oil HS Code - 27101940 (Individual Assignment) Introduction Light diesel oil (LDO), a class of diesel whose density relatively light. It falls under class C category fuel having flash point above 66 degree Celsius. LDO is widely used in automobile and engines with an rpm less than 750, tractor and the diesel engine for high speed diesel engine fuel ships, mines, power generation, drilling and other equipment. LDO, is a blend of components from the distillation process of diesel. LDO is also referred to as distillate fuel or marked oil since it is marked with a coloring substance. A number of properties must meet standard requirements for a fuel to be classified as LDO. List of properties mentioned below: • The water content of LDO must not exceed 0.25 percent of volume. The viscosity of LDO at 40 degrees Celsius must be a minimum of 2.5 centistrokes and a maximum of 15.7 centistrokes. LDO is required to have a Sulphur content of less than 1.8 percent by weight. Sediment levels must be below 0.1 percent by weight. Ash content must be less than 0.02 percent by weight. LDO must contain less than 1.5 percent carbon residue. The cetane number of LDO is 45. This measure of combustion quality can be up to 100 but most premium diesels are around 60. A higher cetane number means the fuel is of higher quality. The pour point is the lowest temperature that the fuel will flow. This quality...
Words: 2380 - Pages: 10
...Logistics Name Course Institution Professor Date Abstract Logistics management implies to the process of controlling the movement of goods from the manufactures to the ultimate consumers. Activities in logistics management involves management of transportation inside a company as well as outside it, the handling of materials, management of inventory, warehousing, fulfillment of orders, the management of fleet and supply and demand planning (Commonwealth, 2007). Additionally it involves customer service, sourcing, production arrangement, packaging and procurement. There are three levels of planning and implementation that logistics management form part they include; tactical, operational and strategic level. Basically logistics management encompasses the process of amalgamation that ensures coordination between all activities that involve transportation and merging transport activities with other activities in business for instance marketing, information technology, manufacturing and finance. In this case it may be understood that logistics management is constituted in the control of supply chain processes of goods. These processes involves the arrangement, execution and control in an effective and efficient way product storage and services aimed at meeting expectations from customers (John and Langley, 2002). Activities of online logistics for instance operations that involve sourcing, international transportation as well as...
Words: 1892 - Pages: 8
...Logistics has developed as an important area or function of business since World War II. It has gone through several phases of development in achieving its present status. It is a critical part of supply chain management. The coordination and, perhaps, integration of the logistics systems of all the organizations in a supply chain are necessary requirements for successful management of the supply chain. (Bowersox etc, 2007) Logistics can be divided into two parts: domestic logistics and international logistics. Difference between Domestic & International Logistics can be said to arise mainly on account of the three major factors : 1) Logistic costs is International Business is much more higher than the domestic business 2) The Logistic Mechanics are much more complex in the context of international logistics than the domestic logistics 3) The political, cultural and institutional factors connected with international logistics are of considerable importance whereas these are usually not of much consequence in the context of domestic logistics.(Networker, n.d) Globalization of the world economy and our logistics has advanced at an almost unbelievable speed. Growth in world trade, and corresponding cargo container movements, continues to substantially exceed overall economic growth, meaning that trade volumes are doubling every 5-7 years.(Hill etc, 2001) There are some roles of global logistics: • Globalization helped in doing business beyond the national boundaries...
Words: 965 - Pages: 4
... 3 Literature review................................................................................. 4-6 Background of Nippon Express........................................................ 7 Description of logistics operation...................................................... 8-11 Challenges of Nippon Express........................................................... 12-13 Recommendations............................................................................... 14 Personal Reflection.............................................................................. 15 Conclusion............................................................................................ 16 Reference.............................................................................................. 17-18 Introduction Logistics is the art and science of management, engineering and technical activities concerned with requirements, design and supplying, maintaining resources to support objectives, plans and operation. [Society of logistics engineers (SOLE) 1974] INBOUND LOGISTICS Inbound side of logistics includes procurement or purchasing inventory management activities. It is important to note that the inbound and outbound logistics systems share common activities or process, since both involve decisions related to transportation, warehousing, materials handling, inventory management and control, and packaging, as well as some other activities. With the...
Words: 3691 - Pages: 15
...China 2015: Transportation and Logistics Strategies Leadership requires innovation, expansion and redesigned networks A s China’s economy grows, so grows its transportation and logistics industry. China is becoming a more mature and self-confident country and a driving force in the new global economic structure, and this is bringing new challenges and opportunities to the five sectors of the country’s transportation and logistics industry — express, road freight, air freight, contract logistics and international freight forwarding. How can Chinese companies improve the country’s transportation and logistics environment? Leadership in this industry requires innovation, expansion and redesigned networks. China’s extraordinary economic growth continues. Even as the global economy struggles to recover from the financial crisis, various statistics indicate that China’s economy has emerged resilient, with rapid growth expected to last into the foreseeable future. In this context, the transportation and logistics industry in China is also poised for major growth over the next five years, portending significant changes for its five main segments: express, road freight, air freight, contract logistics and international freight forwarding (see figure 1 on page 2). As the boundaries between these segments blur, consolidation will accelerate and network coverage and density will grow. At the same time, an increasing focus on sustainability will add new pressures to cost structures....
Words: 4163 - Pages: 17
...Executive Summary Many companies are looking for third party logistics providers to help them so they can focus more on their business development. PKT is one of the Malaysia successful third party logistics company. PKT was established and founded by Dato’ Michael Tio’s father in 1974 and they provide freight forwarder services. The company has branches in Malaysia and other countries like Korea and Taiwan. PKT’s head office is located at Shah Alam and it is a large building called “One Logistics Hub”. The warehouse can be separated into The Ship, The Waves and The Lighthouse. Different warehouses have different functions. PKT use different transportation modes to deliver goods to specific destinations, including road, air and sea. Various communication technologies are used to manage and exchange information, such as computerized system, RFID, EDI system and satellite vehicle tracking system. I strongly believe that PKT will successfully achieve its target and expend its marketplace to provide more international trade services. Introduction Inbound logistics refers to the transport, storage and delivery of goods coming into a business. It is the primary process of logistics. The company concentrates, purchase and arranges the flow of raw materials or finished goods from suppliers to manufacturing plants, warehouses and retail shops. Outbound logistic refers to the same for goods going out of a business. It is a process that related to storage and movement of finished...
Words: 1568 - Pages: 7
...1. 3PL servicer - Hong Kong I. Hong Kong Post Hong Kong Post Logistics provides merchants in e-commerce and direct marketing with seamless, cost-effective, one-stop integrated logistics solutions. This service includes the following supply chain management services: * Collection of goods from suppliers * Warehousing and inventory management of goods * Receipt of orders by electronic means from merchants * Picking and packing of goods * Delivery of goods to all commercial and residential districts in Hong Kong with an option to collect goods at post offices * Morning and afternoon delivery throughout Hong Kong * Evening delivery in selected areas each working day * No size limit and weight of up to 30kg per item for local delivery * A variety of international delivery options including our premium service, Speed post * Return of defective goods to suppliers * Inventory and delivery status reports PostalPlus for SME Established in 2003, Postal Plus for SME aims to serve as a communication platform between Hong Kong Post and Small and Medium Enterprises (SMEs) in Hong Kong. Nowadays, Postal Plus for SME has tens of thousands of corporate members. Leveraging on Hong Kong Post's reliable services and extensive resources, we provide all-rounded and cost-effective postal solutions to support and assist SMEs in enhancing their competitiveness. Logistics service - group buying website Internet purchase has become increasingly...
Words: 1210 - Pages: 5
...Management and Economics Logistics outsourcing 3PL & 4PL – A Survey on Pakistani manufacturing and exporting companies Business Logistics, 15ECTS, FE–5594 Authors Muhammad Usman Tahir - 840523 Hammad Tabassum - 830509 Saeed Ahmad - 820919 Muhammad Arshad - 830804 Examiner: Helena Forslund Tutor: Petra Andresson ABSTRACT Authors: Tutor: Examiner: Title: Background: Muhammad Usman Tahir, Hammad Tabassum Muhammad Arshad, Saeed Ahamad. Petra Andersson Helena Forslund A Survey on Pakistani manufacturing and exporting companies The development of recent means of transportation, information has increased opportunities for global business and it is very common that the companies involved in global business often need to outsource logistic function, as they cannot perform global logistics on their own. The need of service effectiveness for companies and operations efficiency from logistics service providers involves the minimization of the uncertainties associated with logistics outsourcing, therefore risks reduction measures must be implemented using logistics outsourcing. - How do the Pakistani manufacturing and exporting companies currently outsource their logistics function in their downstream supply chain? - What benefits they seek with respect to 3PL and 4PL? - What factors they consider for outsourcing logistics? To investigate the current logistics outsourcing situation of the Pakistani Manufacturing and Exporting Companies. What logistics functions they outsource,...
Words: 21259 - Pages: 86
...1404837 曾延 The Gap between Chinese Business Model and the International Advanced Business Model ----Chinese cannot be the employee of the world China has been regarded as ‘World Factory’ for a long period until now. This appellation was considered as an honor by a vast majority of Chinese people in the past decades. Nevertheless, it was recognized that China cannot be the world factory because the labor cost and the manufacturing costs are increasing. This change reduced the profits of manufacturing industry, which means that the business environment for our manufacturing has been becoming more deteriorative. From government’s perspective, China need industrial transformation and upgrade industries. On enterprises’ viewpoint, the significant method for this situation is innovate the business model. This essay will demonstrate the gap between Chinese business model and the international advanced business model. The control power to industry chain determined the merchant mode. In modern business, controlling the upstream section of the industry chain means that the enterprises make profits and economize the resource and cost furthest. For instance, China only control the one part of industry chain. That is manufacture which is a low-income and high cost part. However, the upstream section of the industry chain was controlled by American companies. The most famous example may be the Apple Inc. that never produce even one element of electronic...
Words: 1662 - Pages: 7
...Ramkhamhaeng University Institute of International Studies BBA (English Programme) MK 403: Logistics & Supply Chain Management Introduction This course is designed to provide an holistic view of logistics and supply chain management, examining the major concepts underlying the subject and many of the strategies, tools and techniques associated with the topic. Its primary focus is based on a number of principles. Creation of superior customer value through logistics, obtaining competitive advantage and cost control, collectively summarised through the CRAVE model of profitability. The course will be structured around the set text, and be supplemented by case studies, exercises and discussions. Emphasis will be placed on the revolution effected through the electronic interchange of information and innovations in transportation and packaging. Course Objectives The broad objectives of the course are to: * To establish a framework of understanding of the subject and the theories and practices underlying it * To illustrate all aspects of logistics and supply chain issues by relevant contemporary examples drawn from a wide variety of local and international companies * To provide an understanding of the value of service and its creation and development within the market, both as an absolute and as a competitive advantage. * To show how an understanding of efficient logistics can add to profitability but requires constant monitoring and flexibility to...
Words: 683 - Pages: 3
...experienced business development professional with over 10 years’ management expertise within the Oil, Supply, Trade and Logistics industries. An enthusiastic and highly self-motivated individual who remains flexible to the changing demands of business environments, is able to develop and implement new initiatives with a particular talent for implementing projects to open and manage strategic supply routes within the Caspian and Black seas. Has experience with pipeline solutions, ensuring effective delivery of all contractual terms for multinational customers. Is able to think both laterally and strategically in order to produce innovative ideas and feasible plans for cost-effective solutions. Has excellent abilities in driving and motivating teams in order to deliver internal efficiencies, identifying opportunities for personnel development as required. Has a hands-on management style and effective communication skills, working with people at all levels to deliver results. Objective Now looking for a new and challenging position which will fully utilise existing skills and experiences, while enabling further career development. Career Summary 2010 – Present | Commercial / Business Development Manager, Milio International Ltd, Dubai, UAE. | * Responsible for the management of oil supply and logistics operations, including managing and monitoring budgets for logistics and transportation and implementing remedial action as required * Conducting negotiations for supply and transportation...
Words: 1027 - Pages: 5
