UNIVERSITY OF LIVERPOOL ON-LINE DEGREE PROGRAMME MODULE: LOGISTICS AND INTERNATIONAL TRADE FACULTY MODERATOR: Dr Armin Zehtabchi STUDENT: RICHARD WALWASA ASSIGNMENT QUESTION WEEK 4: Question: Read the paper and evaluate the arguments put forward by Professor Christopher to arrive at a conclusion about what makes up the essential characteristics of effective logistics. What value does his thesis that there are 'three feasible pipeline designs' have for your industry or an industry you
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Explain the systems or total cost approach in logistics and argue( agree / disagree) how you think it adds significance to the world of business logistics Business logistics refers to a group of related activities all involved in the movement and storage of products and information. business logistics is concerned with the inbound movement of materials and supplies, and the outward movement of finished products. its goal is the delivery of the finished products required by the marketing department
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DYNAMICS OF SUPPLY CHAIN MANAGEMENT AN APPROACH TOWARDS EFFECTIVENESS & EFFICIENCY OF SUPPLY CHAIN MANAGEMENT AT ITC LIMITED, Bangalore “A project report submitted in partial fulfillment of the requirement for the award of MBA” BY T.Lakshmi (02XQCM6061) 8QGHU 6XSHUYLVLRQ WKH RI Dr.N.S.Mallavali Principal, M.P.Birla institute Of Management Mr. Savio Suveire Branch Finance Manager ITC Limited, Bangalore. Mr. Vineeth Vishwambharam Asst. Branch Manager ITC Limited, Bangalore
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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
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THE CONCEPT OF REVERSE LOGISTICS. A REVIEW OF LITERATURE1 Isabel Fernández Quesada2 ABSTRACT This paper aims at providing a review of Reverse Logistics concept from a broad set of articles, published mainly in the last decade. From their reading, the author has detected the lack of a desirable largely accepted consensus on what constitutes Reverse Logistics, either on what the range of activities should be included within its scope or how to denominate each of its options in a not fuzzy way.
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...................................................... 7 Page 2 of 8 WHAT IS CPFR? Collaborative Planning, Forecasting and Replenishment (CPFR) is a tool used to enhance the supply chain that should optimally yield in lower inventories, logistic costs and create efficiency in the whole supply chain to all participants. CPFR uses cooperative management in sharing key information about the supply chain between suppliers and retailers (sellers and buyers) who work together to satisfy the
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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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LEAN SIX SIGMA LOGISTICS Strategic Development to Operational Success by Dr. Thomas Goldsby • Robert Martichenko Copyright ©2005 by J. Ross Publishing, Inc. ISBN 1-932159-36-3 Printed and bound in the U.S.A. Printed on acid-free paper 10 9 8 7 6 5 4 3 2 1 Library of Congress Cataloging-in-Publication Data Goldsby, Thomas J. Lean Six Sigma logistics / by: Thomas Goldsby & Robert Martichenko. p. cm. Includes index. ISBN 1-932159-36-3 (hardback : alk. paper) 1. Business logistics—Management
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powerful tool. You will have the opportunity to explore a variety of global supply chain management areas in depth, extrapolate their logistics meanings, and apply the techniques needed to make it all work for your organization. Mastering the supply chain’s dynamics is no longer extraneous to survival in today's global environment—it's essential. Because logistics affects 30% or more of the value added to your product, it offers abundant areas of opportunity and exciting possibilities for lowering
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helped me realize the satisfaction that comes from the positive impact on people’s lives through a career in humanitarian logistics. I feel very privileged to have gained invaluable work experience in the shipping and logistics field working for the United States Government, the private industry, and non-profit sector for the past 12 years. Living through transition while growing up, I learnt to adapt to uncertainty and instability. As a result, I can easily relate to people in developing countries
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