...I. Nature of Business Echo Global Logistics, Inc. is a provider of technology-enabled transportation and supply chain management services, delivered on a proprietary technology platform, serving the transportation and logistics needs of its clients. Echo’s web-based technology platform compiles and analyzes data from its network of over 24,000 transportation providers to serve its clients’ shipping and freight management needs. The Company has become a leading contender among 3PLs and has been listed in Inbound Logistics' Top 100 3PL Providers. In 2011, Echo has procured transportation and provided logistics services for more than 22,700 clients across a wide range of industries, such as manufacturing, construction, consumer products and retail. SERVICES Echo provides transportation services for shipping including: * Truckload (TL) * Small Parcel * Inter-Modal * Domestic Air * International * Expedited Main logistics services include: * Rate Negotiation * Carrier Management * Routing Compliance * Shipment Execution and Tracking * Freight Bill Audit * Payment and Performance Management Clients * Guthy Renker * Elkay * Daktronics * Archway * Culligan * Samuel Strapping Echo Global Logistics Daily Transportation Management Operations II. Value Chain Analysis Logistics Echo Global Logistics took a nontraditional approach to supporting its rapid growth early on by enlisting the services...
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...Management in all business and organizational activities is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively. But if we try to look from closer, Mothers are the best managers if one wants to learn from. Here I am taking example of my own mother. She is a doctor so she handles her hospital work and daily routine activities of my house. I have divided the activities performed by my mother on daily routine basis (weekdays) and tried to put them into management functionalities comprises planning, organizing, staffing, leading /directing, and controlling our organization (in this case my house). All this is done by resourcing, encompasses the deployment and manipulation of human resources, financial resources, technological resources, and natural resources. |My Mother “The Best Manager” | |Time |Activity |Functionality |Learning | |0500-0530 Hrs |Waking up on time despite of |Planning |Time management | | |working late last night |Organising |Organisational commitment | | | |Leading |Consistency ...
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...the turbulent Vietnam's economy, including logistics industry, although imports and exports reached 202 billion dollars, and foreign trade continued to grow higher in conditions of crisis financial world has not recovered and hovering euro crisis, debt . In 2013, Vietnam faced with the highest inflation in the region, causing many to affect prices, materials, services, special additives are higher freight, sea freight market, aviation world is in a recession accompanied by shipping companies, airlines Vietnam in a similar situation. Despite these difficulties, more optimism about the prospects for Vietnam's economy in 2012 and expectations for the long-term potential of the economy, a "new stage for increased competitive growth". In the positive changes to improve the business environment of Vietnam, areas most clearly observed in the change in 2011 as administrative procedures and infrastructure, telecommunications ... this is the point light paved the way for 2012, and as noted above, Vietnam's logistics industry needs to look more optimistic contributed significantly to bringing Vietnam import-export turnover to a new stage production and servicing, consumer domestic to large fluctuations occur. The optimism of the logistics industry in Vietnam in 2012 through the following presentation: Take a look at the indicators optimistic about Vietnam's logistics industry, it is also the most stable signals: Vietnam's logistics industry has matured, it is confirmed not...
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...2: LOGISTICS AND INFORMATION TECHNOLOGY 2-1. In what ways can information be helpful in logistics and supply-chain management? There are a number of ways in which information can be helpful in logistics and supply-chain management. These include, but are not limited to, greater knowledge and visibility across the supply chain, which makes it possible to replace inventory with information; greater awareness of customer demand via point-of-sale data, which can help improve planning and reduce variability in the supply chain; better coordination of manufacturing, marketing, and distribution through enterprise resource planning systems; streamlined order processing and reduced lead times enabled by coordinated logistics information systems. 2-2. Name the six general types of information systems, and give one logistics application for each one that you’ve named. One type is office automation systems, and a logistics application could be spreadsheets that calculate optimal order quantities. A second is communication systems; one logistics example is voice-based order picking. Transaction processing systems are a third general type, with point-of-sale systems being a logistics application. Management and executive information systems are a fourth general type of information systems; a logistics application involves logistics information systems. A fifth general type of information system is decision support systems, with warehouse management systems being a logistics-related...
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...e-business and supply chain management enables informational technologies to fuse with logistic. In this fast growing global economy, e-logistics has been appeared to overcome the informational barriers in the supply chain. This essay indents to bring an interpretation of the “old economy” logistics with "new generation" logistics. Firstly, the essay explains the definitions of the e-logistics and also analyses the differences between e-logistics and traditional logistics. INTRODUCTION Oscar Morgenstern proposed logistics as a discipline in science economy. Until the Second World War, logistics was considered as a science using for military services. Now logistics is considered as a civil science. The developmental stages of logistics can be categories as military logistics, business logistics and e-logistics. Among these stages, e- logistics can be considered as the latest stage of this industry. Nowadays, e-logistics has been discussed as electronic logistics, which uses the web technology as inevitable tool to administer some of the sectors of logistic industry or the whole process (Wang Wei, 2003); according to Prof. Zhai Xuewei, e-logistics is the combination of logistics supporting e-commerce and the electronic technology for logistics (Sun Chao, 2002). In this juncture, e-logistics can be regarded as e-logistic commerce, in which information flow is combined in the form of electronic technology, network technology and automation. Therefore, e-logistics allow to contribute...
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...Date: Table of Contents ABSTRACT.............................................................................................................. .5 I. Introduction............................................................................................................. 6 1.1 China’s Retail Market…................................................................................. 6 1.2 China’s logistics condition.............................................................................. 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…….................................................. 13 III. The supply chain solution for Multinational giant Retailers in China................. 13 3.1 Wal-Mart’s development in China............................................................. 14 3.1.1 When Wal-Mart first came into China............................................. 14 3.1.2 Challenges Wal-Mart met in China.................................................. 17 3.1.3 Wal-Mart’s supply chain...
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...Operations Management Operations management focuses on carefully managing the processes to produce and distribute products and services. Usually, small businesses don't talk about "operations management", but they carry out the activities that management schools typically associate with the phrase "operations management." Major, overall activities often include product creation, development, production and distribution. (These activities are also associated with Product and Service Management. However product Development is usually in regard to one or more closely related product -- that is, a product line. Operations management is in regard to all operations within the organization.) Related activities include managing purchases, inventory control, quality control, storage, logistics and evaluations. A great deal of focus is on efficiency and effectiveness of processes. Therefore, operations management often includes substantial measurement and analysis of internal processes. Ultimately, the nature of how operations management is carried out in an organization depends very much on the nature of products or services in the organization, for example, retail, manufacturing, wholesale, etc Sections of This Topic Include: Procurement (Purchasing) Practices This topic reviews guidelines for buying various materials from suppliers and vendors -- materials, including computers, services from lawyers, insurance, etc. Procurement (Purchasing) Practices Management Control and...
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...and warehouse operations. These ideas, however, led to exaggerated business processes that transitioned into “running a business by the stopwatch” with employers treating human employees as if they were highly reliable, predictable machines to be monitored and controlled. Over time, the workplace’s view of performance measurement became more humane and these exaggerated types of monitor and control methods fell out of favor, replaced by a focus on measuring a business’ performance rather than that of the individual. Throughout the last decade, companies have expended significant amounts of time and effort to re-engineer their supply chains through business process change and technology focused on implementing integrated Supply Chain Management (SCM) principles....
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...Management Tool - Balanced Scorecard The idea of using Balance Scorecard like a tool for management effective development, firstly was introduced by Robert Kaplan and David Norton. They called their operation Balance Scorecard, for stressing balance of this system, which should be measured by system called Scorecard. The meaning of this concept – embodies managers’ view in reality and link strategy with operative activity, and cost factors. Main purpose of BSC – this system connected with business actions, which directed on customer satisfaction and all employees involved in it. BSC have differences from traditional management, which concentrated only on financial data, because this system orienting managers on adequate strategic development. BSC have some usage scenarios • Creating and using strategic plans in aim of strategic management • Using aims for evaluating departments and officials activities • Using aim for evaluating processes and functions of company We can assume that the aims of any company could be increasing profit and capitalization. It is clearly seen this is contradictory. For maintaining optimal balance between this aims, experts should find solution about as far as is necessary to increase profitability and capitalization, and fix this decision in two values. For reaching first aim of company decide to sell more and spend less. For second aim – invest money in new equipment debugging new production, it means...
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...Acknowledgements I ‘am pleased to have associated with TVS Logistics Services Ltd. In the Internship project on Warehousing & functioning of ERP, a project of significance to both, TVS Logistics Services Ltd. and me. I take this opportunity to thank Mr. Pavan Nair, Regional head, TVS Logistics Services Ltd, Pune for giving me the opportunity to work on this project and also for his guidance as project guide. We are deeply grateful to Professor M. Kameshwara Rao, GITAM School of International Business for providing insightful and rich mentoring support for this project. The results of this study reflect the thoughtful input of all participants including the views of the eminent professionals in the company, solicited during the course of the interviews we had with them. Thank you to all who gave time to make this study useful. It was a most rewarding experience to work on such a challenging project. We believe that the results of this study would be helpful to TVS Logistics Services Ltd. in making thoughtful changes in the Third party logistics sector. Sincerely, Anand Vuppalapti Class of 2012-2014 Contents Page No. Preface i Acknowledgements ii CHAPTER-I: EXECUTIVE SUMMARY 4 CHAPTER-II: INTRODUCTION Overview of ERP 5 ERP Benefits and Limitations 5 CHAPTER-III: SECTOR REVIEW Indian Logistics Industry 7 Third Party Logistics 8 CHAPTER-IV: COMPANY...
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...Introduction to Supply Chain Management Technologies Second Edition Introduction to Supply Chain Management Technologies Second Edition David Frederick Ross CRC Press Taylor & Francis Group 6000 Broken Sound Parkway NW, Suite 300 Boca Raton, FL 33487-2742 © 2011 by Taylor and Francis Group, LLC CRC Press is an imprint of Taylor & Francis Group, an Informa business No claim to original U.S. Government works Printed in the United States of America on acid-free paper 10 9 8 7 6 5 4 3 2 1 International Standard Book Number-13: 978-1-4398-3753-5 (Ebook-PDF) This book contains information obtained from authentic and highly regarded sources. Reasonable efforts have been made to publish reliable data and information, but the author and publisher cannot assume responsibility for the validity of all materials or the consequences of their use. The authors and publishers have attempted to trace the copyright holders of all material reproduced in this publication and apologize to copyright holders if permission to publish in this form has not been obtained. If any copyright material has not been acknowledged please write and let us know so we may rectify in any future reprint. Except as permitted under U.S. Copyright Law, no part of this book may be reprinted, reproduced, transmitted, or utilized in any form by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying, microfilming, and recording, or in any information storage or retrieval...
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...increasingly active, inter-regional economic interaction and exchange of goods has become more frequent, and the average transportation distance also increased. The reform changed the planned economy and the dominance of state-owned transport enterprises in the transportation market situation. Market diversification has become more plentiful, in order to meet the new demands of the national economy in the trucking industry (Cheng, 94). Transportation market diversification and rapid development both contributed to providing goods vehicle loading, freight forwarders and shipping information emerged freight services. These services include traditional truckload, LTL and container, large bulky cargo, dangerous goods transport, and express transportation, social storage transportation services are also occasional established. The rapid development of the transport market diversification and capacity make it possible to services like providing goods vehicles, freight forwarders, and freight shipping information to emerge (Suo, 13). In addition, as the economy system has changed since 1978, the market of the trucking industry is no longer controlled by Chinese government. There are two main types of companies in this industry: the large logistics...
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...TRANSPORTATION MANAGEMENT SYSTEM Before the explain transportation management system (TMS), its functions and relationship with logistics; it is better to explain what is transportation and why transportation is important for logistics. Business logistics include material management and physical distribution. Material management is movement and storage of materials into company, and physical distribution refers to storage of finished products and movement to the customers. Basically logistics’ definition show that the logistics and movement of materials/ products relations. Also, other important term is transportation, it can be defined as the physical movement of goods, or people from one place to another. All these definitions prove that transportation is the important part of logistics. For the businesses transportation and transportation management is one of the key term because transportation costs are the approximately 50 percent of firm’s total logistics’ costs. Successful business logistics operation depends on successful transportation management. With the developing technologies transportation management has become faster and efficient with the transportation management systems. A Transportation Management System is software which helps to businesses to control process of orders, loads, following and tracking shipments, auditing and payments. Also, TMS helps to manage the supply chain, particularly coordinating and optimizing the movement of products and materials...
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...Outsourcing Smart Governance Disruptive Technologies Insight. Advice. Benchmarking. Services State of the Outsourcing Industry 2013: Presentation to Genpact, March 5th 2013 Phil Fersht, Founder and CEO, HfS Research phil.fersht@hfsresearch.com Copyright © 2013 HfS Research Ltd. State of the industry 2013 - Agenda • Market Size and Forecast • Key Industry Dynamics • Competitive Landscape • Market Wrap Copyright © 2013 HfS Research Ltd. Outsourcing Smart Governance Disruptive Technologies 2 State of the industry 2013 - Intro • • • • • • Conducted December 2012 / January 2013 The largest-ever quantitative industry study covering both IT and business process outsourcing Respondents included 1355 stakeholders across enterprise buyers, service providers and consultant/influencer organizations The aim of the survey was to understand their views, observations and intentions for 2013 and beyond, when it comes to outsourcing IT and business processes Survey was conducted with the support of KPMG This presentation contains a set of slides with the top level results of the survey Copyright © 2013 HfS Research Ltd. Outsourcing Smart Governance Disruptive Technologies 3 Key Highlights: BPO Adoption and Outlook: • • • • • • • Deal activity rebounds Market forecasted to grow Attitudes towards BPO have gone “back to basics” Attitude of buyers has shifted from the “we can’t” to the “why can’t we?” Key growth industries increasing BPO uptake: Telecom, Software...
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...Reverse Logistics: Product Returns Program Simplified with Technology Assignment By Jairo L. Hernandez Student Number: 4040078 RLMT 401, Reverse Logistics Data and Security Resilience Professor Lawrence Reeves III 27 April 2013 Tables of Contents Title Page Introduction: Consumer Products 2 What’s Reverse Logistics? 2 Cross-Functional Enterprise Systems 3 Data Collecting 3 Customer Identification 4 Resolution 5 Conclusion 6 Reverse Logistics: Product Returns Program Simplified with Technology Introduction: Consumer Products In the 21st century, the U.S. economy has tremendously increased its consumption rate of natural resources with the manufacturing of consumer products. The U.S. Environmental Protection Agency (EPA) (2012) reported, “In 2009, discarded TVs, computers, peripherals (including printers, scanners, [and] fax machines) mice, keyboards, and cell phones totaled about 2.37 million short tons.” Natural resources are used in a daily basis to manufacture products with distributing material in forward logistics. This process of materials being produced by manufacturers shipped to warehouses across the world and stored until a demand is requested and then delivered to a retailer or when a Internet buy occurs, delivered to the customer. Logistics plays a vital role in distributing goods throughout the supply chain, how is unwanted or unused material being tracked for recovery from the consumer? What’s Reverse Logistics? The preferred...
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