DEFINITION Philip Kotler‚” Logistics is defined as planning‚ implementing and controlling the physical flow of materials from the point of origin to the point of use‚ to meet customer needs at a profit.” Source Philip Kotler‚Marketing management pearson education According to American Marketing Association‚ logistics may be defined as‚ “the management of all activities which facilitates movement and the coordination of
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Logistics is the process of strategically managing the procurement‚ movement and storage of materials‚ parts and finished inventory (and the related information flows) through the organization and its marketing channels in such a way that current and future profitability are maximized through the cost-effective fulfilment of orders. supply chain management The management of upstream and downstream relationships with suppliers and customers to deliver superior customer value at less cost
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information technology COSCO noticed the importance of information technology among global shipping and modern logistics‚ so it used lots of time and money in research and development of IT. COSCO Network Ltd. of COSCO Group provided software development‚ e-commerce services‚ data center management‚ etc. hence to become an international first class high tech enterprise in Chinas shipping and logistics industries. Company size COSCO owns and controls over 800 modern merchant vessels with a total tonnage of
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Assignment 1. There are five logistics/supply chain stories in the video. Suggest an appropriate title that you would give to each story. (10 marks) FarEastFlora- “Delivering love to the one’s we love” Transporting the animals- “Sizing up the Sheep” WLNA- “Keeping it cool on this Sunny Island” NTUC supply chain- “Right product‚ right quantity‚ at the right time!” Keppel Logistics- “The life and benefits of logisticians” 2. What type of logistics does each story belong to? (10 marks)
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XPO Logistics‚ Inc. (XPO) BRADLEY S. JACOBS is the Chief Executive Officer of XPO Logistics‚ Inc. A career CEO‚ he has led two public companies. United Rentals‚ Inc.‚ which he cofounded in 1997; and United Waste Systems‚ Inc.‚ founded in 1989. Mr. Jacobs served as Chairman and CEO of United Rentals for the company’s first six years‚ and as Executive Chairman for an additional four years. He served eight years as Chairman and CEO of United Waste Systems. Previously‚ Mr. Jacobs founded Hamilton Resources
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analyzed and interpreted in sub-sections 4.9a to 4.9o. 4.9a Reverse Logistics Costs : Factor - ’ Top Management Commitment ’. Table 4.9a. Reverse Logistics Costs: Factor - ’ Top Management Commitment ’. a Level of Importance. Not at all Important Least Important Somewhat Important Important Highly Important Total No. of Respondents 0 0 7 197 64 268 % Respondents 0.0 0.0 2.6 73.5 23.9 100.0 Note. a Level of Importance : Not at all Important to Highly Important.
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MSOR/OPMT/MKMR 475: Supply Chain Logistics (Fall 2013) (Homework #6) Due: November 20th‚ 2014 This is a group assignment. Each group need to submit one (hard copy) of the report in class on November 20th. Problem 1 (20 Points): Two plants are to serve three market points through one or two warehouses. Volume flowing either to or from each point‚ and the associated transportation rates and location are given as follows: Point No Point i X-coordinate Y-coordinate Volume Vi (cwt.) Transportation
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Report on International Logistics I. Introduction This report focuses on. the type of inventory decisions that ZK would have to make. the factors the company would take into account when choosing its transport methods. how the company would take into account customer needs when deciding on warehousing facilities. II. Findings 1. The type of inventory decision that ZK would have to make Inventory control is the supervision of supply‚ storage and accessibility of items in order
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The requirement for change is to broaden the business in the local area to increase the market shares by minimum of 7.5%. ZieTel logistics would also need to improve or enhance the running of distribution activities with the application of modern technology such as GPS and PDAS. Beside that‚ establish and control the united and sufficient driven manpower. Lastly‚ boost the effectiveness of work and reduce time of delivery with greater truck fleet. • Review the organization’s current policies‚ practices
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Background of study This research conducted in order to study about the ability of technology in halal logistics. This research will conduct in Johor. The company chosen for this research is a logistics company. This is because they provide very important services in logistics‚ which is transportation service. As we know‚ nowadays‚ Malaysia becomes the main centre of halal hub‚ as Malaysia is one of the Muslim countries where it is highlighting on the halal supply chain. It means‚ in the concept
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