The Relationship between Logistics Strategy and other Corporate Strategies
GLOBAL LOGISTICS
For global firms, describe the relationship between logistics strategy and other corporate strategies in the areas of technology, marketing and manufacturing.
* Logistics systems serve as the global infrastructure upon which the other systems operate
* Logistics systems in itself give a source of competitive advantage
* Understanding the service needs of customers in locations around the globe to develop an effective marketing, manufacturing and logistics strategies to satisfy the needs of the customer
* Managing logistics as a system, shortening lead times when possible and moving towards the use of “focused” factories that produce limited product lines
* Manufacturing
– is a strategy in which one or a few plants are designated as the worldwide supplier/s of a given product or product line
What are the major elements of the dynamic diamond suggested by
Michael Porter? Which do you feel are most important to the success of companies operating globally?
* Major element of the dynamic diamond:
1. Factor conditions – nation’s ability to transform its basic factors
(eg. Resources, education or infrastructure) into competitive advantage 2. Demand conditions – market size, buyer sophistication, and media exposure of available products
3. Related and supporting industries – may include partners in the supply chain, co-packers and/or co-manufacturers, or marketing and distribution intermediaries
4. Company strategy, structure and rivalry – market structures and the nature of domestic competition
· Each factor contributes greatly and is vital to the success of companies operating both globally and locally. The efficient use of all these elements are what makes a company’s success even better.
Describe the role played by intermediaries in global logistics systems. Why are intermediaries not needed in domestic logistics systems? · Intermediaries help play a much larger role in global logistics operations · Provide lower transportation unit costs than manufacturers would be able to achieve
· Some of the intermediaries roles are production, product and support logistics, customer contact, transaction processing, local management and risk management
· Plays a strategic role in helping new and established companies venture into the global arena
Prior to the invention of the daguerreotype, the Camera Obscura was the main optical instrument that was used to project images onto paper. The Camera Obscura was a device in the shape of a box that allowed light, which was being reflected from the images that the user was intending to capture, to enter through an opening at one end of the box to form an image on a surface and an artist would then trace the image to form the most accurate impression of an image at that peri...
History is divided on whether Boudica a scorned woman or did she have a justified reason for her retaliation. The book, Real Lives Boudica the story of the Fearless Icini Queen, by Gaby Halberstam, published by A&C Black in London, is a story told by Boudica herself. She is known for taking down over 70,000 Roman men and women due to the pain that they inflicted on her and her people. The book is written in the first person about the historical events that unfolded in Boudica’s life in a fictional story. This book does an amazing job at making the reader feel as if they were Boudica and an idea of what her personality would have been. Halberstam was able to give details through research and filling in the blanks. There are many famous men and women from our history that we would like to have a personal conversation with and this book is almost like sitting across from Boudica, listening to her tell her story.
Henry Ford is responsible for “perhaps the most revolutionary development in industrial history.” (Watts 2005,
When people think of daisy flowers, the colors yellow, green and white come to mind. The yellow in the middle represents corruption, and in the novel Daisy is one of the most corrupt characters. White represents how she was pure and "an enchanted object" on the outside (TCLC 6). Daisy's name truly fits her character, in the way that she comes off sweet, but on the inside is morally sullied. The color green can also represents money. The day Gatsby goes to Nick's to reunite with Daisy, Gatsby sends a gardener over to Nick's house to cut his grass and give him a green house. When Nick sees that "Mr.
The central conflict of F. Scott Fitzgerald’s The Great Gatsby, is the clash between Gatsby's dream and the unpleasant, real world reality—“the foul dust [that] floats in the wake of his dreams" (Fitzgerald 2). Gatsby, the dreamer, remains as pure and unbreakable as his dream of greatness, an accomplishment "commensurate to his capacity for wonder" (Fitzgerald 180). However, it is the reality, of course, that turns out to be evil: Gatsby is murdered and the charmed universe is discovered to be a world of corruption and violence. The symbolic colors provide clarification pertaining to, with a packed and subtle prejudice, both Gatsby’s dream and reality—and both in their separateness and in their tragic intermingling.
The Great Gatsby by F. Scott Fitzgerald is bursting with symbols and motifs. Looking deeper into these symbols will uncover the abstract and intangible themes and messages portrayed throughout the novel. The green light at the end of Daisy’s dock as well as T.J Eckleburg’s eyes overlooking the Valley of Ashes and the discrepancy between not only the characters of East and West Egg but the social class and standard of living they abide by. By uncovering all of these symbols and exposing them in their true light, a better understanding of the messages F. Scott Fitzgerald is revealing can be obtained. The confusion within the Great Gatsby can deciphered and straightened out.
Other than the color green, there are the colors grey, white, yellow, gold, and blue. (Spencer) As previously mentioned, green is important, as it is the color of the light at the end of Daisy’s dock. Grey is mentioned in the Valley of Ashes, because it seems lifeless. White stands for purity. Gatsby wore white when he first met Daisy again after five years; he was trying to cover up his criminal background. Women are also mentioned wearing white on multiple occasions. Yellow stands for corruptness. Gatsby’s car and Eckleburg’s glasses were yellow. Gold is among corruption and greed. Blue stands for illusions, such as the eyes of Eckleburg. The illusion is that someone great is
The Birth of Photography goes way back to the very early stages of it’s development, in 1565 it was found that certain silver salts turned black when open to an element, which at this time they believed to be air. It wasn’t until mid 1720’s when they discovered it was in fact light that reacted with the salts to turn them black; this led to numerous amounts of unsuccessful trials at capturing images in a lasting, photochemical form. Many scientists, amateur inventors and artists passionately pursued developing this form throughout the 29th century. A French scientist, Joseph Niepce was the man who made this process a success. He took an eight-hour exposure of what is believed to be his courtyard outside his house and created the first paper negative in 1816. It took another three years before a fixing agent was discovered for this process and the term ‘photography’ was born. It was hundreds of years till photography had reached this stage but over the next 80 years progression in photography was dramatic. Different techniques were tried and tested but most common was the black-and-white method, which dates back to the birth of photography. “In this ‘gelatin silver’ technique, a sheet of paper is coated with a mixture of white pigment and gelatin, then with a gelatin / silver-salts solution. It is exposed to light through a negative and developed in a chemical solution.” (Wheeler, 2002, p.9)
Symbolism is a very important device in Fitzgerald's 1926 masterpiece, The Great Gatsby. Different objects, words or actions symbolize different character traits for each person depicted in his novel. Through symbolism, Fitzgerald manages to describe three completely different aspects of the human life. He conveys the glittery, magnificent life of the rich, the gray, ugly and desperate life of the poor, and the mundane struggles of those in between.
Wal-Mart Stores Inc. is in the discount, variety stores industry. It was founded in 1945, Bentonville in Arkansas which is also the headquarters of Wal-Mart. Wal-Mart operates locally as well as worldwide. It operated 1209 discount stores, 1980 super centers, and 567 Sam’s Club by January 31, 2006. It has also extended its operations to many international countries. It runs its retail stores in two forms: Sam’s Club and Wal-Mart Stores. The Sam’s Club sells assorted product lines such as hardwares, electronics, jewelry, and to mention a few. The Wal-Mart stores also offer similar products in addition to the following: health and beauty products, apparel for women, men and children, household appliances etc (www.yahoo.finance.com). The Vision Statement, Mission Statement, Values and Code of Conduct, Corporate Governance: Directors, Executive Management, Committees and Stakeholder will be the key elements that will discussed in this report as it relates to Wal-Mart. In addition to that, the major trends in the general/macro environment and industry will be analyzed.
Without a successful business strategy put in place the company would fail and be unable to compete with competitors. There would be on way of knowing what resources are required. No planning for the future of the business. If there are no targets set out to achieve there would be no way of measuring how successful the company has been.
The declaration of the People’s Republic of China (PRC) in 1949 by the Chinese Communist leader Mao Zedong signified a revolution in China that brought an end to the costliest civil war in Chinese history between the Nationalist Party or Kuomintang (KMT) and the Chinese Communist Party (CCP) that had lasted a period of 22 years from 1927 to 1949. The Chinese revolution of 1949 signified the beginning of an era of Communist Chinese rule ushered in by the popular Chinese Communist Party at the expense of the Nationalist Party. According to historian Michael Lestz, the Communist victory was an inevitability that was aided by the actions of the preceding Nationalist government (Lestz, 2010). Lestz states that the weakness and administration ineptitude displayed by the Nationalist Party in economic, military and civil affairs created an environment that was conducive for the Communist Party to prosper. Author John King elaborates that the Nationalist party did more to lose the peasants’ support than the Communist party did to gain the peasants’ favor (King, 2006). Therefore, this paper will focus on the failures of the Nationalist Party in the Civil War and World War II coupled with the consequences. It will compound the various issues that harbored the Nationalist Party such as corruption and the failure of the government to accommodate or abate Communist dissent. The paper will also cover the failed efforts by Nationalist Party to integrate Western policies into China.
Evolution of more than just a Camera? Cameras have documented many events in history that refuse to be forgotten. Some pictures capture life in a different time and captivate us into a moment that seems far away and perhaps mystical. Images can be found from WWI, WWI, and even as far back as the civil war. Not only are the horrors of war captured, but many other memorable moments as well. Many famous moments in celebrity history have also been caught on film, and leaders of our nation have also shared the same
It was the events between 1946 and 1964 that strengthened communism in China. At the end of World War II, the Nationalist Party (GMD) and the Chinese Communist Party (CCP) raced for power in China. The chairman of the Communist Party was Mao Zedong and their army was known as the People’s Liberation Army (PLA). The Nationalist’s were led by Chiang Kai-shek and their army was the Kuomintang.
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.