Logistics is the designing and managing of a system in order to control the flow of material throughout a corporation. This is a very important part of an international company because of geographical barriers. Logistics of an international company includes movement of raw materials, coordinating flows into and out of different countries, choices of transportation, cost of the transportation, packaging the product for shipment, storing the product, and managing the entire process. The concept of logistics is fairly new in the business world. The theoretical development was not used until 1966. Since then, many business practices have evolved and logistics currently costs between 10 and 25 percent of the total cost of an international purchase. There are two main phases that are important in the movement of materials: material management and physical distribution. Materials management is the timely movement of raw materials, parts, and supplies. The physical distribution is the movement of the firm’s finished products to the customers. Both phases involve every stage of the process including storage. The ultimate goal of logistics is to coordinate all efforts of the company to maintain a cost effective flow of goods. There are four logistics concepts: the systems concept, the total cost concept, the after-tax concept, and the trade-off concept. The systems concept is based on all functions of a organization working together in order to maximize benefits. This concept sometimes requires certain components of the organization to operate suboptimally in order to achieve maximum goals of the system. The total cost concept is based on the systems concept, however goal achievement is measured in terms of cost. A variation of the total cost concept is the after-tax concept. This goal of this concept is after-tax profit. This concept is becoming very popular because of the many different national tax policies. The trade-off concept links the system together in a way that is very efficient, but can have trade-offs that might be inefficient. The advantages of such high efficiency must be weighed against the risk involved. One of the largest obstacles of international logistics is geography. The distance and manner materials must be shipped is the most important step in inte... ... middle of paper ... ...anagement is based on the fact that a company needs to have a division that helps control the local-adaptation needs. Dealing with different cultures requires input from the local branch. The managers that deal with the cultural differences on a daily basis normally know what works and what doesn’t. Outsourcing is the final option for logistics management. When this happens, transportation firms concentrate on logistics, and the company can concentrate on it’s production. There are many cost savings using this type of program, however that lack of control can negatively effect many companies. International logistics requires many different options and requirements to be met in order for a company to operate internationally. It’s like a big puzzle that must be put together, in order for all the goals to be met. As described above, there are many options to consider, and sometimes what appears to be an option really isn’t. It is not difficult to hit a road block, and you must start over with a new plan. Once the logistics plan is in place, you must constantly look for improvements in order to maximize profits and goals.
The first novel in the series, "Odd Thomas", was made into a movie that was released in 2013. It starred Anton Yelchin as Odd Thomas and Willem
The performance assessment and appraisal forms are crucial within the performance management system (Aguinis, 2014). However, the appraisal form within the case study provided is designed for the supervisor’s use thus missing one vital factor throughout the entire process, employee participation. Thus, questioning the validity and reliability of the process. This is especially concerning as the bottom 10 per cent of employees are being fired and the top 20 per cent are being rewarded with $5,000.00 based on what their supervisor records on the form without consultation with employees. Thus, supervisors may not provide accurate scores as they do not have to justify their responses (Aguinis,
When it comes to black literature, I only can connect to three writers May Angelou, Langston Hughes and Gwendolyn Brooks. All three of these writers talk about things I can relate to. All three of these writers wrote poems, so people can see their pain and what they were going thru. Maya Angelou was a famous black poet and an award-winning author. She had a lot of talents such as screenwriting, dancing, singing and being a civil rights activist. She was known for a famous poem I Know Why the Cage Bird Sings. Maya Angelou wrote a lot of beautiful poems for the Harlem Renaissance and the Black Arts Movement. Langston Hughes was a black poet that was a novelist and playwriter. Langston was one of the first poets to use the art form of jazz poetry.
For many years, the mass media are known to use racial and ethnic stereotypes to negatively portray minority groups. Stereotypes are deeply embedded in every society in numerous ways. A stereotype is a widely known and fixed idea about a person or thing, they are usually oversimplified. Stereotyping is a technique that attempts to install things such as fear and hate towards individuals. But what is really the true purpose of these negative stereotypes? I believe that by satirizing negative stereotypes and taking them to absurd levels, actors and writers can challenge them. Shows’ like The George Lopez Show and I Love Lucy are entertaining and provocative but it challenges every stereotype while portraying the lives of groups of individuals that go way beyond ethnicity to show how ludicrous those misconceptions are.
...pital resources like distribution vehicles and storage warehouses should be outsourced to help reduce the high cost of operation which in turn can lead to reduction of its products price. The company should concentrate on product development and evolution and delegate distribution roles to outsourced firms. Such initiatives have worked well in the new Indian market and should be implemented in other areas.
As a consequence of the pervasive usage of screen technology, cognition has been affected because of the influence of neuroplasticity. Abbott (2013) and McClellan (2005) found that screen technology improved the holistic intellectual capacity through the advancement of cognitive skills such as multitasking, spatial ability, strategic decisiveness, and many others whereas Swing et al. (2010) Carr and (2010) observes that it degenerates attention spans and in-depth thinking. Overall, although some scholars argue that deterioration of cognitive function is due to screen technology exposure, it must be acknowledged that the positive correlation between screen technology exposure and the progression of cognizance outweighs the negatives because with the appropriate and sufficient utilisation of screen technology for cognitive development, the advantages will eclipse any disadvantages that could
Rao, K., and Young, R. R. (1994) Global supply chains: Factors influencing outsourcing of logistics functions. International journal of physical distribution and logistics management. Vol. 24. No. 6.
In the competitive environment, it is necessary for moving products involves reception of products at an intermediate location, store, repackage, clear customs and transport to final destination. The other factor in the supply chain logistics is speed given information flows fast in the internet era. The customer expects everything quick accustomed to the instant status access to the information. With the real time inventory, customer expects the location of the product, it is next scheduled movement and the final delivery schedule.
Outbound logistics: They are made up of centralized logistic centers to promote efficiency, global network, reduced emission of CO2 by 22% to ensure ecological sustainability and lastly to improve customer service.
Logistics is a concept used to define issues and arrangements related to transportation of products from the supplier to the buyer across international borders (Trepins S50). Current global trends have seen an upsurge of freight traffic as companies seek raw materials from middle to low income countries. On the other hand, many companies are seeking to diversify their target markets making it possible to send thei...
The use of technology by young children has been shown to correlate to the disruption of normal brain growth. Typically in the past, young children had plenty of time to play, challenging their imaginations and problem solving skills, which is crucial for their transformation to members of society. Presently, much of that time dedicated to play is now being allocated to ‘screen time’ with technology. According to the Huffington Post, “analysis of the impact of technology on the developing child
Zanjirani F., Rezapour, S. & Kardar, L. (2011) Logistics operations and management concepts and models, 1st ed. London ; Elsevier.
Coyle, J., Langley, C., Gibson, B., Novack, R. and Bardi, E. (2008).Supply Chain Management: A Logistics Perspective. 8th ed. Cengage Learning, p.366.
Logistics management is part of all levels of planning and execution -- strategic, operational and tactical. It is an integrating function, which coordinates all logistics activities, as well as integrates logistics activities with other functions including marketing, sales manufacturing, finance, and information technology. The complexity of logistics can be modeled, analyzed, visualized, and optimized by dedicated simulation software. The optimization of the use of resources is a common objective in all logistics
Today's business environment forces the companies to revise their processes in order to stay competitive in the marketplace. Revising the inbound logistics flows is not an exception. Increased focus on coordination of inbound logistics flows is a prerequisite for securing the quality in form of the delivery performance as well as the total logistics cost perspective.