...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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...Reverse Logistics Phillip Ranck Dr Kandis Wyatt RLMT500: Reverse Logistics Management American Military University Introduction With reverse logistics being an integral aspect to a company’s effective and efficient transportation process, it is imperative that a standardized program is implemented. To develop a program that meets all the demands required of a reverse logistics process has proved difficult. As the economy grows, so does the need for company’s demand to produce products. Part of a company’s role in producing a product is also developing and implementing a reverse logistical plan. Reverse logistics has become a popular topic, regardless of the product or type of industry. It is so important that companies and industries have been employing the reverse activity of product flow along supply chains within their business processes. The importance of implementing a well developed reverse logistical program is proving to be extremely important in companies or industries overall efficiency and effectiveness. Reverse Logistics With reverse logistics being an integral aspect to a company’s effective and efficient products’ profits, it is imperative that a standardized program that maximizes profits is implemented. The difficulty in producing a standardized program is that each company, industry, technology, and product varies immensely. Meeting each and all the varied demands required has proved difficult of a reverse logistics process. This is challenging companies...
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...2012 Denise M. Capalbo Logistics 6/23/2012 2012 Denise M. Capalbo Logistics 6/23/2012 The hearts demonstrate our passion for our work and our customers’ passion for their businesses The We ♥ Logistics communications platform features 11 hearts – one universal and 10 illustrative. Each heart helps us tell the story of how UPS is logistics. The universal heart represents everything we do, while the illustrative hearts further educate customers and potential customers on how they can harness the power of logistics. Universal Heart represents all that we do and that all we do is logistics. The arrow shows that we have purpose, while the heart that it forms demonstrates that we are passionate about that purpose. Community Service Shows our strong commitment to our communities, which we serve through volunteering, providing logistics expertise, and giving donations. Customer Service Since we are logistics, we keep our customers happy, which keeps our customers' customers happy. Efficiency / Operations Demonstrates how logistics makes companies more efficient. In other words, UPS keeps things humming. Environmental Provides a clear picture that logistics supports sustainability efforts through efficiency. By saving fuel and money, UPS is helping to save the planet. Global Illustrates how the world isn’t such a big place after all. In fact, UPS clears more packages through customs in more countries than...
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...The Logistics Industry in Turkey November 2013 1 Disclaimer Republic of Turkey Prime Ministry Investment Support and Promotion Agency (ISPAT) submits the information provided by third parties in good faith. ISPAT has no obligation to check and examine this information and takes no responsibility for any misstatement or false declaration. ISPAT does not guarantee the accuracy, currency, reliability, correctness or legality of any information provided by third parties. ISPAT accepts no responsibility for the content of any information, news or article in the document and cannot be considered as approving any opinion declared by third parties. ISPAT explicitly states that; it is not liable for any loss, negligence, tort or other damages caused by actions and agreements based on the information provided by third parties. Deloitte accepts no liability to any party who is shown or gains access to this document. The opinions expressed in this report are based on Deloitte Consulting’s judgment and analysis of key factors. However, the actual operation and results of the analyzed sector may differ from those projected herein. Deloitte does not warrant that actual results will be the same as the projected results. Neither Deloitte nor any individuals signing or associated with this report shall be required by reason of this report to give further consultation, to provide testimony or appear in court or other legal proceedings, unless specific arrangements thereof have...
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...national to an international network is still going on. The structural transformation in logistics once started with the creation of the Single European Market. Logistics providers began to create pan-European networks in line with the expansion of the European Union. The current adjustments reflect both eastern parts of Europe and the evolvement of a global distribution structure and the accession of the peripheral economies in the central. In addition to these geographic aspects, the logistics markets in European have been influenced by numerous factors dramatically in the technological, financial, and political environment (Europe Real Estate, 2012). Logistics property is targeted by international investors. The volume of total investment currently exceeds €10 billion. Logistics property helps to compensate the poor performance and diversify portfolios of other sectors. Networks of European distribution are still relying on large distribution warehouses, and growth is most likely in the further. ‘Although prime yields up to 13% for opportunistic investments in emerging clusters are rather attractive, yield compression is foreseeable in the near future’ (Europe Real Estate, 2012). In this paper, there is a case, which is talking about a central European decides to operate a privately importing and exporting logistics business in Hungary, will be analysis. The conditions which can turn logistics system in the central Europe will be shown; Warehouse recommend deapend on the agticultural...
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...an interview with a logistic consultant, Gregg Richard Macaluso who states that organizations can perform better through effective coaching and leadership. Macaluso also states that effective coaching takes place with clear knowledge and communication skills. Leaders need to be very clear with company objectives to all employees and provide useful information to help the team and the company succeed (Chapman, 2014). Furthermore, coaching has become the top rated factor to managing an effective team; next to communicating in the workplace to make decisions and improve problem-solving skills. All of the skills and expertise is needed to maintain and build an effective supply chain. The overall point of the article is to notify all of us that no team can succeed without knowledgeable and experienced leaders as coachers (Chapman, 2014). In addition, logistics in all businesses must be planned to meet the demands of the consumers and to control the materials and goods to get from one point (the company) to its destination (the consumer). Relationship to Unit 5: This article relates to unit 5 via chapter 16 discussions of market logistics that includes Supply Chain Management (SCM) and Integrated Logistics Systems (ILS). The first market logistics, supply chain management entails finding the right raw materials, components, and capital equipment; convert them into a finished product, and distribute them to their final destination (Keller, & Kotler, 2012, p. 464). The second...
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...becoming 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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...faults or defects are in the process so that they can be eliminated systematically as part of improvement to reduce weaknesses and reinforce quality. One of popular process improvement methodology that is part of Six Sigma is DMAIC, which consists of: Define, Measure, Analysis, Improve and Control. Originally Six Sigma was first incorporated into manufacturing industries; this methodology also applies well to logistics companies since the focus is customer-oriented. Supply chain management is a key strategic factor for increasing organizational effectiveness and for better realization of goals such as enhanced competitiveness, better customer care and increased profitability (Gunasekaran, Patel, Tirtiroglu, 2001, p71). Therefore, Six Sigma as shown to be successful in delivering business benefits through variation reduction (Knowles, Whicker, Femat, 2005, p51). This paper discusses how Six Sigma apply to the logistics processes and an example case study of United Parcel Service (UPS) incorporating this technique to reposition itself in the world’s most improved logistics and supply chain provider. Page 1 of 15 1. Introduction Six Sigma is a comprehensive system to achieve, sustain and maximize business success of companies (Ranawat et al, 2007, p1). With this system, it is possible to understand customer needs, to use facts, data and statistical analysis more disciplined, and to manage, improve and reinvent business processes (Pande, Neuman, Cavanagh,...
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...McDonald’s performance objectives and logistics Introduction Supply chain management is a subject which is popular today and most companies have realized the importance of operations management because effective operations management gives the potential to improve both efficiency and customer service simultaneously (Slack et al, 2010). With the development of the world, supply chain has become a key for company to success in every industry. Harrison and van (2008) mentioned logistics can support supply chain to achieve competitive advantage though meeting end-customer demand properly. The company can gain better performance by using suitable logistics system to increase its competitive advantage. The McDonald’s Corporation is one of the models good at using its special logistics system to support the supply chain. The McDonald's Corporation is the world's largest chain of hamburger fast food restaurants, serving around 68 million customers daily in 119 countries. Headquartered in the United States, the company began in 1940 as a barbecue restaurant operated by Richard and Maurice McDonald. In 2012, McDonald's Corporation had annual revenues of $27.5 billion, and profits of $5.5 billion（McDonald’s Corporation, 2012）. McDonald entered China market in 1990 to open the mainland’s first branch in Shenzhen. The emergence of KFC and McDonald inspired many China’s catering enterprise join in the competition of food and beverage chain industry. Some China’s catering enterprise...
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...Briefly describe the logistics industry in this country and the workforce According to The World Bank Logistics Performance Index, the logistics industry in France is ranked number 13 compared to 160 countries, measuring at 3.85. Their highest ranking indicator was that of timeliness which may be contributed to their vast transportation infrastructure. Important segments within their logistics industry is wholesale and retail trade, transportation, accommodations and food services. Within industry, the manufacturing, mining and quarrying segment represents 12.8 percent and construction accounts for 6 percent of total GDP. Agriculture contributes 2 percent to GDP. Yet, France is the second largest exporter of agricultural products in the world. France has a boasting workforce of 27051 thousand as of January 2014. Currently, France has 8 major distribution hubs and an expected increase in manufacturing will deliver another €17 million by 2020 and consumer spending up to €150 million by 2020. The workforce in France is comprised of 70% of the active population. The service industry employees almost 75% of the workforce, manufacturing captures over 20% and agriculture yields almost 3%. France is known for its great infrastructure and solid workforce which are key indicators that are attracting big business. Describe the key logistics companies in France (Name, size, locations, etc). Provide some business information about them (What logistics activities they perform?). Bolloré...
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...As a brief description of the subject in the study, the life cycle of logistics can also be maximized through establishing effective management organizing efforts to maintain a certain company’s operational structure that will avoid or prevent errors and mismanagement that can take place within the corporation. In this case, the 360 degree logistics can be found when there will be a capital expenditure that will be carried out to fund materials and human resources that will be helping to manufacture product. As soon as the product will be made and distributed to the market, there will be an exchange of commodity as well as financial trade value. This process will undergo the procedural profit taking to collect the monetary amount of profits that has been sold to the market. The monetary value will be distributed to the accounting department of a certain organization to fund services, raw materials, and salaries to employees that completes the life cycle of the business operating organization. Image is one of the most sensitive factors that should be taken cared in long-term basis for the reason that it can be used for the marketing plan that will promote the company’s products to boost sales to the public as mentioned by Ponstern (2008). Location is one of the most important considerations that will be considered for companies such as Panasonic because it is an electrical distributing company that aims to identify potential target market to maintain their production capacity and...
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...Export IKEA furniture products to Egypt Instructor: Bonnie Heineman Wolfe MBA 617: Import Export Management Pinarath Sinluksanathip Munkh Orgil Zorigoo Funmi Ogunwale Nasser Madini Samuel Sandeep Trang Huynh December 3, 2012 CONTENT I. Executive Summary II. Introduction III. Product background analysis IV. Egypt Overview V. Barrier to trade of Egypt VI. Market Analysis VII. Marketing Effort VIII. Logistic and Supply Chain analysis 1. Logistic Strength in Egypt: 2. Egypt Facts from Logistics Perspective 3. Creating a Supply Chain and Logistics Strategy a. Determining the Store Location and Capacity b. Transportation and Storage c. Logistic partnerships d. Logistic Enterprise and Measurement 4. Risk Management Plan for Supply Chain and Logistics IX. IKEA Distribution Process to Egypt X. General document requirement for exporting I. Executive Summary IKEA is a home furnishing company with a fully integrated supply chain, including its own industrial groups – Swedwood and Swedspan. The IKEA Group, directly or indirectly, also owns retail centers, always with an IKEA store as unique anchor tenant. The IKEA Group works in four basic areas: range strategy & product development, production, supply and retail. The parent company of the IKEA Group of Companies, INGKA Holding B.V. is owned by Stichting INGKA Foundation in the Netherlands (The case of IKEA...
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...Professor Young Liberty University Supply Chain Management I. Definition and reasons for the rapid growth of logistics II. Managing Supply Chain III. Different disciplines of Supply Chain Definition and Reasons for the rapid growth of Supply Chain Supply chain management also known as logistics, can be defined as the involvement of the management of information and how that information flows between and among stages in a supply chain to maximize total supply chain effectiveness and profitability. There are four basic components of supply chain management. They are as follows: 1. The supply chain strategy, which is the strategy for managing all the resources required to meet the demands for products and services. 2. Supply chain partners which encompasses of the partners chosen to deliver the finished products. 3. Supply chain operation and this is the schedule for production activities, and 4. Supply chain logistics which is the product delivery processes and elements. Supply-chain management also refers to merging at the corporate level of purchasing, transportation, warehousing, distribution, and customer service functions, rather than dealing with each of them separately at division levels (Salvatore, 2012, p.338). Supply chain management in general can be described as transforming a company’s ‘supply chain’ into an optimally efficient...
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...growth in the Logistics and Supply Chain sector. The essay is divided into three broad sections, namely the contributions, challenges faced and the improvement strategies. Logistics is the management and the process of raw materials becoming the finished product, mainly focusing on the transportation and storage of goods. Supply chain manages the flow which encompasses the supplying of materials to producing the product and the distribution of the finished product to distributors, retailers and finally to a customer. Located in a prime location geographically, 20 of the top 25 logistics players such...
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...OMGT2085 | Subject Name: | Intro to Logistics & Supply Chain Mgt | Location where you study: | RMIT Vietnam – Hanoi Campus | Title of Assignment: | Practical Assignment Report | File(s) Submitted | Practical Assignment Report (1).docx | Student name: | Tran Bao Ngoc | Student Number: | S3324103 | Student Email Address: | S3324103@rmit.edu.vn | Learning Facilitator in charge: | Buatier de Mongeot, Matteo | Assignment due date: | 16/04/2012 | Date of Submission: | 15/04/2012 | Late Submission Approval | Yes | Number of pages including this one: (Please number your pages like this: page 1 of 7, page 2 of 7, etc) | 9 | Word Count: (Main Content) | 1579 words | Practical Assignment Report Tran Bao Ngoc – s3324103 Profile of the company: Nhat Nam is one of very few company in Vietnam started to vanguard in supermarket field in the North of Vietnam. In 1997, Fivimart – the name of very first Nhat Nam’s supermarket system was launched. It received very good response as well as valuations from the capital’s citizens. Nowadays, they have over 10 supermarkets in Hanoi. Since the very first start, Fivimart invested a lot of financial resources to buy model equipment with high quality and up-to-date regularly (Fivimart, 2011). Fivimart supermarkets chain uses barcodes to manage inventory, transportation for delivering and warehouse used for storing inventory as the most common logistic activities. According to Todd, W (2004)...
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