develop your logistics and supply chain management business. As trade with Mainland China and across the region continues to rise strongly, logistics providers with a strong business proposition will find a dynamic business community receptive to new technologies and services. The supply, storage and distribution of high-end products – including art and wine – is an area that is attracting particular attention. Hong Kong is the largest community of shipping, freight forwarding and logistic providers
Words: 608 - Pages: 3
Logistics Written Assignment 3 * How does the warehouse location decision affect the rest of the logistic decisions? With costs exploding in the market, the location of a warehouse is crucial for an organization’s profitability. In a well-designed supply-chain location is of supreme importance. Selection not only impacts the supply chain it also has a significant impact on future cash flows. As with any individual logistics activity, management must always ensure that the logistics system
Words: 660 - Pages: 3
CSE – Efficiency in Proper Logistics Management Training Exercise Set Module 1: Logistics Individual Activity 1 Enumerate at least top 5 suppliers of your company where you get your supplies and another 5 customers where you render your services or deliver your services. Rate your suppliers and customers from 1 – 5 , 5 being the highest and 1 as the lowest for being efficient ( offering lower cost ) in terms of their delivery charge and expenses you incurrred in rendering or delivering your
Words: 1107 - Pages: 5
Introduction of Logistics Logistics is the management of the flow of goods between the point of origin and the point of consumption in order to meet some requirements, of customers or corporations. The resources managed in logistics can include physical items, such as food, materials, animals, equipment and liquids, as well as abstract items, such as time, information, particles, and energy. The logistics of physical items usually involves the integration of information flow, material handling
Words: 314 - Pages: 2
Intern : 13 January till 4 April 2014 2. ACKNOWLEDGEMENT For this opportunity, I would like to thank: MARA Professional College, Seri Iskandar, for giving me opportunity and chances to shine and build up my dream and my ambition as an international business student. I really appreciate for their blood, sweat and tears during teaching me and my friends, motivate us to keep moving forward and keep looking back to repeat our previous history. Probably the best college to learn and worth to strive
Words: 6255 - Pages: 26
German market in 2006 after 10 years of attempting to achieve sustainable competitive advantage contributes an interesting case to the small but expanding literature on ‘failure’ in international investment. The work on the disinvest decision in all its forms has been critical to a re-conceptualization of the international investment process as dynamic rather than static, linear and inexorable. An important segment of the work on investment and disinvestment as dynamic processes focuses on the environment
Words: 10244 - Pages: 41
Target and K-Mart. There are also competitors that offer other advantages such as higher quality (Whole Foods) or better service (Best Buy). There is also little differentiation between the retailers. As seen on Table 2, the sales increase (%) in international markets is higher that of the US market, which means faster growing markets and that the growth can be attributed the industry attractiveness. Table 4 shows that Wal-Mart is doing a lot better in terms of financial performance against its competitors
Words: 1483 - Pages: 6
topics or techniques of logistics and supply chain in depth. The objective of the unit is to enable students to achieve an understanding of the terms, concepts, and principles of logistics and supply chain management; the issues faced by logistics managers and new approaches to these issues; and the transport and other physical processes in logistics operations. The lecturer is Associate Professor Min Qiu, a transport professional with 26 years of experince in transport, logistics and supply chain management
Words: 2170 - Pages: 9
This chapter introduces the concept of logistics – or supply chain management – which is responsible for this flow. The chapter looks at the broad area of design, emphasising the number of points on the supply chain, the best locations for these, and the relationships between them. The aim of the chapter is to introduce the concept of supply chain management. More specific aims are to: • Explain the role of logistics – or supply chain management Logistics – which is equivalently known as supply
Words: 3488 - Pages: 14
LOGISTICS is the function responsible for the flow of materials from suppliers into an organisation, through operations within the organisation, and then out to customers. Supply chain management, however, is about managing the flow of materials, components and information throughout the total pipeline from raw materials to end user, and is based on effective customer/supplier relationships to ensure quality, delivery, cost and flexibility can be improved throughout the supply chain. This
Words: 4484 - Pages: 18