What is Logistics? Overshadowed behind all the excitement given to supply chain management and the technology developed to support it is a lesser known part of the business operations known as logistics. Some might regard logistics as mundane and staid compared to other supply chain initiatives but they don’t get the whole picture. However, logistics professionals and knowledgeable managers know that to fulfill customer orders effectively and efficiently, a business should employ a good logistics
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What Practical Steps Should be taken to increase “visibility” in the supply chain of your business? What would the potential benefits be and would they outweigh the risks involved? Introduction There exists a distinct difference between an international and a global firm. Whilst the latter “crosses international boundaries in terms of manufacturing, inventory and distribution”, a global company is “characterized by global sourcing and production, along with centralized inventories information”
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CHAPTER 13 – STRUCTURE OF THE SUPPLY CHAIN AIMS OF THE CHAPTER Products move through a series of operations in their process. This movement usually includes a physical flow of goods, and then we refer to the flow of materials through a supply chain. 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
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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..........
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Logistics within Business Organization Name Institution Why have supply chain management issues often been ignored by senior management? In supply chain management, the term file and forget is very common. Most people in different levels of the supply chain have done this and have been at peace with it. In most cases, filed documents are not seen on a regular basis since people worry less about them unless prompted to look into them
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TRANSPORT & LOGISTICS Reverse Logistics in the Supply Chain a report by James R Stock Professor of Marketing and Logistics, University of South Florida James R Stock is a professor of Marketing and Logistics at the University of South Florida, Tampa. He is the author or co-author of more than 90 publications in the area of logistics. His specialities are in the areas of reverse logistics and the marketing-logistics interface. Currently, Dr Stock serves as Editor of the International Journal
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2014 THIRD-PARTY LOGISTICS STUDY The State of Logistics Outsourcing Results and Findings of the 18th Annual Study 2014 18TH ANNUAL THIRD-PARTY LOGISTICS STUDY Contents 4 Executive Summary 8 Current State of the 3PL Market 16 Big Data in 3PL-Customer Relationships 24 Preferential Sourcing 32 Smart Growth Leadership 38 Shipper-3PL Relationships 44 Strategic Assessment 48 About the Study 52 About the Sponsors 54 Credits 56
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Logistics is the management of the flow of goods, information and other resources, including energy and people, between the point of origin and the point of consumption in order to meet the requirements of consumers (frequently, and originally, military organizations). Logistics involve the integration of information, transportation, inventory, warehousing, material-handling, and packaging. Logistics is a channel of the supply chain which adds the value of time and place utility. Origins and definition
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| Logistics | summary | | Ramon Mannie | 3/13/2014 | Contents 1. Lesson 1, Introduction (chapter 1) 4 1.1. Chapter objectives: 4 1.2. Logistics 4 1.3. Operations management 5 1.4. Supply chain management 5 2. Lesson 2, Operations and supply chain strategies (chapter 2) 8 2.1. Chapter objectives 8 2.2. Relationship and difference (point 1) 8 2.3. Core competencies (point 2) 9 2.4. Strategic alignment (point 3) 9 2.5. Supply chain operations and decision categories (point 4) 10 2
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Strategic Management and Leadership|Student Name | | | |L7 | | | |Centre No |59910 |Reg. No | | |Unit |Strategic Supply Chain Management
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