Second Term, 2014-2015 SEEM 4600/ESTR4500 Logistics Management Course Objectives Logistics management is the planning, implementation and control of the processes involved in the flow and storage of materials from the point of origin (as raw materials) through the various valueadded stages to the point of consumption (as finished goods). It has been estimated that logistics costs account for 30% of the cost of doing business. Effective logistics management can lower costs, provide better service and
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Interesting article supporting logistics value as part of the SCM chain “main Contributor”. In business practice and the academic study of logistics, the incorporation of concepts such as quality followed by value has been truly revolutionary. In addition, the use of information and communication technologies (ICT) has substantially modified the way inter-company relationships are managed. This has meant that logistics is no longer considered a routine, merely operational activity but a strategic
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Designing and Managing the Supply Chain David Simchi-Levi Philip Kaminsky Edith Simchi-Levi Solutions for Discussion Questions1 Kerem B¨lb¨l u u 1 We would like to thank Shiming Deng for his valuable contributions to the preparation of this manual. Chapter 1 Introduction to Supply Chain Management Discussion Questions Question 1 Pick any car model manufactured by a domestic auto maker. For example, consider the 2002 Ford Thunderbird. a. The supply chain for a car typically includes
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market…………………………………………………………………………...4 Procurement As competitive advantage…………………………………………………4 1. Center-led procurement…………………………………………………………..5 2. Strategic sourcing………………………………………………………………….5 3. Supplier integration……………………………………………………………….6 4. Enterprise spend management……………………………………………………6 5. Cross-industry benchmarking…………………………………………………….7 6. E – Procurement…………………………………………………………………...7 Advantages of Apple’s procurement……………………………………………………..8 Disadvantages of Apple’s Procurement…………………………………………………..9 Conclusion…………………………………………………………………………………10
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Supply chain management is the vital business function that coordinates all of the network links. Supply-chain management is the management of the activities that procure raw materials, transform them into intermediate goods and final products, and deliver the products to customers through a distribution system these activities are the components of a supply chain. The supply chain function’s role is to help identify the products and services that can best be obtained externally to improve performances
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On Distribution & Supply Chain Management By – Ravindra Kumar Nidhi Jain Department of Management Department of Management Birla Institute of Technology, Mesra Birla Institute of Technology, Mesra Patna Campus Patna Campus ravindra94314@gmail.com nidhi_jain3312@yahoo.com Distribution & Supply Chain Management Abstract This study
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2 A Framework for Reducing the Impact of Disruptions to the Supply Chain: Observations from Multiple Executives Robert B. Handfield, Jennifer Blackhurst, and Debra Elkins Contents Introduction..................................................................................................30 Methodology................................................................................................. 31 Supply.Chain.Risk.Management.Process................................................. 32
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customers with an unprecedented level of technological integration. (Janah and Wilder, 1997) ince its inception in 1973, Federal Express Corporation ('FedEx') had transformed itself from an express delivery company to a globallogistics and supply-chain management company. Over the years, the Company had invested heavily in IT systems, and with the launch of the Internet in 1994, the potential for further integration of systems to provide services throughout its customers' supplychains became enormous
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MKT 310 WK 9 QUIZ 7 CHAPTER 15 & 16 To purchase this visit here: http://www.activitymode.com/product/mkt-310-wk-9-quiz-7-chapter-15-16/ Contact us at: SUPPORT@ACTIVITYMODE.COM MKT 310 WK 9 QUIZ 7 CHAPTER 15 & 16 MKT 310 WK 9 Quiz 7 Chapter 15,16 1) A retailer can most effectively track consumer purchases through ________. A) a consumer loyalty program B) panel data C) want slips D) want books 2) A want book or want slip is used to record ________. A) budget requests by store operations
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Supply Chain Management (SCM) Supply Chain Management, or simply "SCM", is the management of the two-way flow of materials, equipment, finances, information, and manpower resources within and among organizations to ensure the efficient and fast delivery of goods and services to the end customer. It involves the oversight of synchronized movement of these logistics from the supplier to the manufacturer, wholesaler, and retailer, until the end-product reaches the consumer.
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