CHAPTER 3 Strategic and Financial Logistics © Portions Argee Logistics and Pearson Education‚ Inc. publishing as Prentice Hall Learning Objectives • To appreciate how logistics can influence an organization’s strategic financial outcomes • To review basic financial terminology © Pearson Education‚ Inc. publishing as Prentice Hall 3-2 Learning Objectives • To understand how the Strategic Profit Model can demonstrate the financial impact of logistics activities • To become aware of
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629 stores at end of August 2012. It is ranked the second largest global clothing retailer behind Zara and No. 1 user of organic cotton worldwide. Current Logistics process of H&M H&M does not own any factory‚ they have outsourced to external suppliers that managed two departments: Procurement and Production. The Procurement function focuses on customers‚ fashion and composition of the range. The clothing designs are created in Sweden by around 100 internal designers‚ 50 pattern designers
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– chain and logistics industry includes companies that move raw materials‚ finished goods‚ packages‚ and documents across the globe. It is one of the main phases in value chain concept in international business. The massive increase in the international trade has increased has increased the complexity of company supply chains. MNEs and other internationalizing firms require speed and efficiency in moving goods via supply chains around the world. To fulfil this need‚ competent logistic service providers
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ZARA’ AMAZING logistics Introduction Zara is the world’s largest apparel retailer. Its rapid growth is considered to be benefit from its strategy that can be highly responsive to changing trends with affordable price. It is claimed that design-to-sales cycle times is ten times less than traditionally averaged. At the following text‚ there is some report and analysis about Zara’s advantage in competition‚ why it choose to have both in-house and outsourced production‚ why produce the clothes
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Industrials / China 16 December 2013 Initiation: ready to move up in the world China Logistics Sector • We see the development of China’s logistics industry in the next decade following the path established by the US‚ Japan and Korea • Given a growing need for cost savings‚ emerging 3PL services and a demand boost from e-commerce should be major sector drivers • Positive rating; top pick Sinotrans; also recommend SZI‚ CIMC See important disclosures‚ including any required research
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CALCULATING NATIONAL LOGISTICS COSTS Logistics costs are an important factor affecting the competitiveness of both firms and nations. Firms can enhance their market competitiveness by reducing their logistics costs‚ thus lowering the total costs of goods and services. Greater market competitiveness of a nation’s firms can then give rise to greater national industrial competitiveness on a global scale. Total logistics cost analysis is the key to managing the logistics function. It is important
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LIEGE Transport and logistics ©MET Liege is located at the centre of the European motorway network which grants rapid access to the cities and capitals of Europe. Liege‚ Logically Logistical ... O 15 Km ©Lamalle At the junction of four major European railway axes‚ the marshalling yard of Liège is a hub for the goods traffic in Belgium. platforms combining 2 or 3 means of transport (rail‚ road‚ air or waterway) are present near the airport and along the waterways.
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What changes did Shavers make to integrate its European logistics? Integrated logistics is defined as the the process of anticipating customer needs and wants; acquiring the capital‚ materials‚ people‚ technologies and information necessary to meet those needs and wants; optimizing the goods-or-service-producing a network to fulfill customer requests; and utilizing the network to fulfill customer request in a timely way.” Integrated logistics is a service-oriented process. It incorporates actions
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Wilson Logistics Research Methodology Objective of the Study To compare the effectiveness of logistics management at Wilson Logistics and to bench mark the organization with respect to the industry. To have a thorough understanding of how logistics and freight industries work Research Problem: The need for the study was to assess the use of e-commerce to support of business strategic in Wilson Logistics‚ compared with other organization in the same industry. The organization also needs
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Examination Paper of Logistics Management IIBM Institute of Business Management Examination Paper MM.100 Distribution & Logistics Management Section A: Objective Type & Short Questions (30 marks) This section consists of Multiple Choice & Short Note type questions. Answer all the questions. Part one carries 1 mark each & Part Two carries 5 marks each. Part One: Multiple Choices: 1. It deals with the movement of finished goods from the last point of production to the point
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