This document discusses international logistics and supply chain management. It covers topics such as the importance of logistics, materials management and physical distribution, challenges of international versus domestic logistics, transportation infrastructure, inventory management, packaging, storage facilities, trade zones, centralized versus decentralized management, outsourcing, the internet, security, and environmental issues. The overall goal is to understand how to design and manage an effective international supply chain and logistics system.
This document provides an overview of logistics and supply chain management concepts. It discusses international logistics, supply chain management, transportation infrastructure, modes of transport, export documentation, inventory management, packaging, storage facilities, trade zones, centralized vs decentralized management, outsourcing, the internet, security, and the environment. The key aspects covered include managing the flow of materials globally, integrating business processes, and factors that impact logistics decisions.
International logistics involves managing the flow of materials, services, and information internationally. It allows firms to implement cost-saving programs and timely movement of materials and products. The logistics manager must consider factors like transportation infrastructure, modes of transport, inventories, packaging, and facilities in different countries. Outsourcing logistics services is an option that allows firms to focus on their core business. Security and environmental regulations are also important considerations for international logistics.
International logistics involves managing the flow of materials, services, and information internationally. It allows firms to implement cost-saving programs like JIT and EDI. International logistics managers must consider transportation infrastructure, modes of transport like ocean vessels, airfreight, and their associated costs and limitations. They must also address international inventory, packaging, storage, and documentation issues. Firms can utilize options like centralized management, decentralization, or outsourcing for their international logistics needs. The internet and security concerns also impact international supply chains, while environmental regulations vary globally.
International logistics involves managing the flow of materials, services, and information internationally. It allows firms to implement cost-saving programs like JIT and EDI. International logistics managers must consider transportation infrastructure, modes of transport like ocean vessels, airfreight, and their associated costs and limitations. They must also address international inventory, packaging, storage, and documentation issues like bills of lading. Firms can utilize centralized, decentralized, or outsourced logistics management approaches. The internet impacts supply chains and requires 24/7 order and customer support. Security and environmental regulations also influence international logistics planning.
International logistics involves managing the flow of materials, services, and information across international borders. It includes transportation infrastructure, vessels for ocean shipping like liner, bulk, and tramp services, air freight, inventory management, packaging, storage facilities, trade zones, outsourcing logistics services, e-commerce, security, environmental impacts, government influences, and export documentation requirements. Effective international logistics coordination balances centralized and decentralized control and considers many regulatory, cultural, economic and infrastructure factors.
This document discusses supply chain management and international logistics. It covers topics such as transportation infrastructure, modes of transport, inventory management, packaging, storage facilities, and centralized vs decentralized logistics management. Security and environmental concerns are also addressed as important factors for international logistics.
The document discusses domestic and international logistics and supply chain management. It defines logistics, domestic logistics, and international logistics. Domestic logistics involves distribution within a country while international logistics involves distribution across international borders. Managing logistics internationally is more complex due to factors like multiple transportation options, additional costs like tariffs, and challenges building relationships across countries. The document also discusses transportation types, warehouse types, facility location decisions, and evaluating locations using models like weighted factor and break even.
This document provides an overview of logistics and its evolution. It discusses the basic concepts of logistics, including how it involves the flow of materials, information, and money between suppliers and consumers. Logistics has evolved from focusing on individual workplaces and facilities to encompassing entire corporations and global supply chains. The document also distinguishes logistics from supply chain management, noting that logistics refers to activities that connect and activate objects within a supply chain. Integrated management approaches like collaboration, enterprise extension, and integrated service providers are discussed. Finally, the document contrasts traditional anticipatory business models based on forecasts with emerging response-based models enabled by information sharing.
This document provides an overview of logistics and supply chain management concepts. It discusses international logistics, supply chain management, transportation infrastructure, modes of transport, export documentation, inventory management, packaging, storage facilities, trade zones, centralized vs decentralized management, outsourcing, the internet, security, and the environment. The key aspects covered include managing the flow of materials globally, integrating business processes, and factors that impact logistics decisions.
International logistics involves managing the flow of materials, services, and information internationally. It allows firms to implement cost-saving programs and timely movement of materials and products. The logistics manager must consider factors like transportation infrastructure, modes of transport, inventories, packaging, and facilities in different countries. Outsourcing logistics services is an option that allows firms to focus on their core business. Security and environmental regulations are also important considerations for international logistics.
International logistics involves managing the flow of materials, services, and information internationally. It allows firms to implement cost-saving programs like JIT and EDI. International logistics managers must consider transportation infrastructure, modes of transport like ocean vessels, airfreight, and their associated costs and limitations. They must also address international inventory, packaging, storage, and documentation issues. Firms can utilize options like centralized management, decentralization, or outsourcing for their international logistics needs. The internet and security concerns also impact international supply chains, while environmental regulations vary globally.
International logistics involves managing the flow of materials, services, and information internationally. It allows firms to implement cost-saving programs like JIT and EDI. International logistics managers must consider transportation infrastructure, modes of transport like ocean vessels, airfreight, and their associated costs and limitations. They must also address international inventory, packaging, storage, and documentation issues like bills of lading. Firms can utilize centralized, decentralized, or outsourced logistics management approaches. The internet impacts supply chains and requires 24/7 order and customer support. Security and environmental regulations also influence international logistics planning.
International logistics involves managing the flow of materials, services, and information across international borders. It includes transportation infrastructure, vessels for ocean shipping like liner, bulk, and tramp services, air freight, inventory management, packaging, storage facilities, trade zones, outsourcing logistics services, e-commerce, security, environmental impacts, government influences, and export documentation requirements. Effective international logistics coordination balances centralized and decentralized control and considers many regulatory, cultural, economic and infrastructure factors.
This document discusses supply chain management and international logistics. It covers topics such as transportation infrastructure, modes of transport, inventory management, packaging, storage facilities, and centralized vs decentralized logistics management. Security and environmental concerns are also addressed as important factors for international logistics.
The document discusses domestic and international logistics and supply chain management. It defines logistics, domestic logistics, and international logistics. Domestic logistics involves distribution within a country while international logistics involves distribution across international borders. Managing logistics internationally is more complex due to factors like multiple transportation options, additional costs like tariffs, and challenges building relationships across countries. The document also discusses transportation types, warehouse types, facility location decisions, and evaluating locations using models like weighted factor and break even.
This document provides an overview of logistics and its evolution. It discusses the basic concepts of logistics, including how it involves the flow of materials, information, and money between suppliers and consumers. Logistics has evolved from focusing on individual workplaces and facilities to encompassing entire corporations and global supply chains. The document also distinguishes logistics from supply chain management, noting that logistics refers to activities that connect and activate objects within a supply chain. Integrated management approaches like collaboration, enterprise extension, and integrated service providers are discussed. Finally, the document contrasts traditional anticipatory business models based on forecasts with emerging response-based models enabled by information sharing.
The document discusses how organizations have shifted away from sourcing supplies from distant locations and instead focused on near sourcing closer to their markets. It provides the example of changes in U.S. imports, noting the growing attraction of domestic sources. Near sourcing has become more common as organizations aim to reduce costs compared to acquiring supplies and work from farther distances.
Cargo logistics plays a vital role in ensuring goods are transported efficiently and cost-effectively globally. It encompasses the planning and execution of transportation, warehousing, customs clearance and last-mile delivery. New technologies are optimizing cargo logistics operations through automation, real-time tracking and data-driven decision making. An efficient cargo logistics system contributes significantly to economic growth by facilitating international trade and supply chain optimization.
The document discusses global logistics and distribution. It defines global logistics and examines factors that contribute to complexity, such as distance and regulations. It also discusses managing global logistics, including transportation methods, warehousing, and using third-party logistics providers. Free trade zones provide benefits like duty deferral and elimination. Maquiladora operations allow Mexican plants to import components duty-free for export. Global retailing employs many workers internationally and is impacted by e-commerce.
Logistics involves planning and managing the efficient movement of goods from suppliers to customers. This document discusses warehouse and inventory management as important aspects of logistics. It defines warehouses and warehousing, and outlines the objectives of establishing warehouses. There are three types of warehouses - private, public, and contract - each with their own advantages and operational considerations. Effective warehouse management is crucial and involves tasks like receiving, storing, and dispatching goods while maintaining organization, security, and updating records. The overall goal is to fulfill orders efficiently at optimal cost by economically managing warehouse resources.
This document discusses global logistics. It defines global logistics as the design and management of the international flow of materials, services, and information into, through, and out of multinational corporations. Globalization has increased the complexity of logistics by enabling businesses to operate across borders. Factors like technological advances and emerging global markets are pushing more companies to adopt global logistics strategies to access new markets and optimize resources on a global scale.
International logistics-management-1220943204514096-9Sumit Palwe
This document discusses the concept of international marketing logistics. It defines logistics as the process of planning, implementing, and controlling the efficient flow of goods, services, and information from the point of origin to the point of consumption to meet customer needs. Logistics has become more important for international companies due to factors like globalization and increased competition. An efficient logistics system is significant for fulfilling contracts on time, improving customer service, reducing costs, and allowing countries and regions to specialize in industries where they have advantages.
Logistics involves planning, implementing, and controlling the efficient flow of raw materials, work-in-progress inventory, and finished goods from the origin to the point of consumption. It aims to meet customer requirements cost effectively. Logistics is a key enabler of supply chain management as it connects suppliers and customers and balances service and cost. Key aspects of logistics include transportation, warehousing, inventory management, packaging, and information systems.
Improving Sales In Freight Forwarding by Capt Onur Y Uranli MSOnur Uranli
This document is a thesis that investigates how modern technology can help freight forwarders and logistics companies improve sales while promoting accuracy and competence. It examines how information technology systems like EDI, bar code scanning, and website tracking can help freight forwarders save importers and exporters time and money, thereby improving sales and revenues. The thesis will analyze specific case studies of how freight forwarders, logistics companies, and retailers have successfully implemented information technology systems to achieve positive results.
This document discusses international distribution and sales policies. It covers logistics, marketing, transportation methods, and placement of products in global markets. Key distribution channels and intermediaries are examined for direct and indirect sales abroad. Factors like a country's regulations, development level, and infrastructure influence the selection of distribution systems. The document also reviews transportation modes, packaging, and containerization of goods for overseas delivery.
The document provides an introduction to logistics, including:
1. Logistics involves transporting goods from one point to another through various modes like air, rail, road, and water transportation. Warehousing is also a key part of logistics.
2. A logistician manages the entire life cycle of a product from acquisition to delivery. They develop supplier relationships and identify ways to improve efficiency.
3. Important qualities for logisticians include communication, critical thinking, customer service, and problem solving skills to handle issues like delivery problems.
Supply chain sustainability is a holistic perspective of supply chain process...Narendra Chaudhary
This document discusses several topics related to supply chain management and logistics. It discusses supply chain sustainability, demand-driven manufacturing, third-party logistics (3PL), demand flow scheduling systems, reducing supply chain costs through optimizing logistics management, and just-in-time manufacturing. The key ideas are that supply chain sustainability aims to reduce waste and costs through collaboration, demand-driven manufacturing produces goods based on customer orders rather than forecasts, 3PL providers manage outsourced logistics services, and optimizing logistics is important for controlling international trade costs.
Chapter 9: Using Supply Chains to Create Value for Customerstjamisonedu
- Supply chain management involves designing and monitoring all organizations involved before, during, and after production of a product. Some companies view the supply chain as integral to their marketing plans.
- Demand forecasting estimates customer demand and is part of inventory control activities. The goal of inventory control is to avoid stockouts while meeting customer needs. New tracking devices help companies forecast and manage inventory levels.
- Transportation of goods via methods like trucks, ships, trains, and planes is an important part of supply chain management. Tracking shipments allows companies to trace products and anticipate disruptions.
The document discusses international distribution channels and third-party logistics. It describes the various channels that international marketers can use to distribute products in foreign markets, including using domestic or foreign intermediaries, or direct distribution through their own sales force. It also defines third-party logistics (3PL) providers, describes the types of 3PLs, and discusses why companies use 3PLs and potential risks involved. Finally, it introduces the concept of 4PL providers that manage and direct multiple 3PLs.
- The product being exported is gloves from Malaysia. Gloves are used in various industries like medical, food, and chemicals.
- The export strategy is to use an Export Management Company (EMC) due to language difficulties and to handle distribution in foreign markets.
- The incoterm that will be used is FCA (Free Carrier), where the seller delivers the goods to the named place of delivery, loads them if required, and handles export clearance. The EMC will then manage import formalities and carrier selection. Using FCA and an EMC allows the company to focus on core activities while handling customs requirements and transportation.
Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...Neil Horowitz
On episode 272 of the Digital and Social Media Sports Podcast, Neil chatted with Brian Fitzsimmons, Director of Licensing and Business Development for Barstool Sports.
What follows is a collection of snippets from the podcast. To hear the full interview and more, check out the podcast on all podcast platforms and at www.dsmsports.net
IMPACT Silver is a pure silver zinc producer with over $260 million in revenue since 2008 and a large 100% owned 210km Mexico land package - 2024 catalysts includes new 14% grade zinc Plomosas mine and 20,000m of fully funded exploration drilling.
𝐔𝐧𝐯𝐞𝐢𝐥 𝐭𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐄𝐧𝐞𝐫𝐠𝐲 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲 𝐰𝐢𝐭𝐡 𝐍𝐄𝐖𝐍𝐓𝐈𝐃𝐄’𝐬 𝐋𝐚𝐭𝐞𝐬𝐭 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬
Explore the details in our newly released product manual, which showcases NEWNTIDE's advanced heat pump technologies. Delve into our energy-efficient and eco-friendly solutions tailored for diverse global markets.
The document discusses how organizations have shifted away from sourcing supplies from distant locations and instead focused on near sourcing closer to their markets. It provides the example of changes in U.S. imports, noting the growing attraction of domestic sources. Near sourcing has become more common as organizations aim to reduce costs compared to acquiring supplies and work from farther distances.
Cargo logistics plays a vital role in ensuring goods are transported efficiently and cost-effectively globally. It encompasses the planning and execution of transportation, warehousing, customs clearance and last-mile delivery. New technologies are optimizing cargo logistics operations through automation, real-time tracking and data-driven decision making. An efficient cargo logistics system contributes significantly to economic growth by facilitating international trade and supply chain optimization.
The document discusses global logistics and distribution. It defines global logistics and examines factors that contribute to complexity, such as distance and regulations. It also discusses managing global logistics, including transportation methods, warehousing, and using third-party logistics providers. Free trade zones provide benefits like duty deferral and elimination. Maquiladora operations allow Mexican plants to import components duty-free for export. Global retailing employs many workers internationally and is impacted by e-commerce.
Logistics involves planning and managing the efficient movement of goods from suppliers to customers. This document discusses warehouse and inventory management as important aspects of logistics. It defines warehouses and warehousing, and outlines the objectives of establishing warehouses. There are three types of warehouses - private, public, and contract - each with their own advantages and operational considerations. Effective warehouse management is crucial and involves tasks like receiving, storing, and dispatching goods while maintaining organization, security, and updating records. The overall goal is to fulfill orders efficiently at optimal cost by economically managing warehouse resources.
This document discusses global logistics. It defines global logistics as the design and management of the international flow of materials, services, and information into, through, and out of multinational corporations. Globalization has increased the complexity of logistics by enabling businesses to operate across borders. Factors like technological advances and emerging global markets are pushing more companies to adopt global logistics strategies to access new markets and optimize resources on a global scale.
International logistics-management-1220943204514096-9Sumit Palwe
This document discusses the concept of international marketing logistics. It defines logistics as the process of planning, implementing, and controlling the efficient flow of goods, services, and information from the point of origin to the point of consumption to meet customer needs. Logistics has become more important for international companies due to factors like globalization and increased competition. An efficient logistics system is significant for fulfilling contracts on time, improving customer service, reducing costs, and allowing countries and regions to specialize in industries where they have advantages.
Logistics involves planning, implementing, and controlling the efficient flow of raw materials, work-in-progress inventory, and finished goods from the origin to the point of consumption. It aims to meet customer requirements cost effectively. Logistics is a key enabler of supply chain management as it connects suppliers and customers and balances service and cost. Key aspects of logistics include transportation, warehousing, inventory management, packaging, and information systems.
Improving Sales In Freight Forwarding by Capt Onur Y Uranli MSOnur Uranli
This document is a thesis that investigates how modern technology can help freight forwarders and logistics companies improve sales while promoting accuracy and competence. It examines how information technology systems like EDI, bar code scanning, and website tracking can help freight forwarders save importers and exporters time and money, thereby improving sales and revenues. The thesis will analyze specific case studies of how freight forwarders, logistics companies, and retailers have successfully implemented information technology systems to achieve positive results.
This document discusses international distribution and sales policies. It covers logistics, marketing, transportation methods, and placement of products in global markets. Key distribution channels and intermediaries are examined for direct and indirect sales abroad. Factors like a country's regulations, development level, and infrastructure influence the selection of distribution systems. The document also reviews transportation modes, packaging, and containerization of goods for overseas delivery.
The document provides an introduction to logistics, including:
1. Logistics involves transporting goods from one point to another through various modes like air, rail, road, and water transportation. Warehousing is also a key part of logistics.
2. A logistician manages the entire life cycle of a product from acquisition to delivery. They develop supplier relationships and identify ways to improve efficiency.
3. Important qualities for logisticians include communication, critical thinking, customer service, and problem solving skills to handle issues like delivery problems.
Supply chain sustainability is a holistic perspective of supply chain process...Narendra Chaudhary
This document discusses several topics related to supply chain management and logistics. It discusses supply chain sustainability, demand-driven manufacturing, third-party logistics (3PL), demand flow scheduling systems, reducing supply chain costs through optimizing logistics management, and just-in-time manufacturing. The key ideas are that supply chain sustainability aims to reduce waste and costs through collaboration, demand-driven manufacturing produces goods based on customer orders rather than forecasts, 3PL providers manage outsourced logistics services, and optimizing logistics is important for controlling international trade costs.
Chapter 9: Using Supply Chains to Create Value for Customerstjamisonedu
- Supply chain management involves designing and monitoring all organizations involved before, during, and after production of a product. Some companies view the supply chain as integral to their marketing plans.
- Demand forecasting estimates customer demand and is part of inventory control activities. The goal of inventory control is to avoid stockouts while meeting customer needs. New tracking devices help companies forecast and manage inventory levels.
- Transportation of goods via methods like trucks, ships, trains, and planes is an important part of supply chain management. Tracking shipments allows companies to trace products and anticipate disruptions.
The document discusses international distribution channels and third-party logistics. It describes the various channels that international marketers can use to distribute products in foreign markets, including using domestic or foreign intermediaries, or direct distribution through their own sales force. It also defines third-party logistics (3PL) providers, describes the types of 3PLs, and discusses why companies use 3PLs and potential risks involved. Finally, it introduces the concept of 4PL providers that manage and direct multiple 3PLs.
- The product being exported is gloves from Malaysia. Gloves are used in various industries like medical, food, and chemicals.
- The export strategy is to use an Export Management Company (EMC) due to language difficulties and to handle distribution in foreign markets.
- The incoterm that will be used is FCA (Free Carrier), where the seller delivers the goods to the named place of delivery, loads them if required, and handles export clearance. The EMC will then manage import formalities and carrier selection. Using FCA and an EMC allows the company to focus on core activities while handling customs requirements and transportation.
Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...Neil Horowitz
On episode 272 of the Digital and Social Media Sports Podcast, Neil chatted with Brian Fitzsimmons, Director of Licensing and Business Development for Barstool Sports.
What follows is a collection of snippets from the podcast. To hear the full interview and more, check out the podcast on all podcast platforms and at www.dsmsports.net
IMPACT Silver is a pure silver zinc producer with over $260 million in revenue since 2008 and a large 100% owned 210km Mexico land package - 2024 catalysts includes new 14% grade zinc Plomosas mine and 20,000m of fully funded exploration drilling.
𝐔𝐧𝐯𝐞𝐢𝐥 𝐭𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐄𝐧𝐞𝐫𝐠𝐲 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲 𝐰𝐢𝐭𝐡 𝐍𝐄𝐖𝐍𝐓𝐈𝐃𝐄’𝐬 𝐋𝐚𝐭𝐞𝐬𝐭 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬
Explore the details in our newly released product manual, which showcases NEWNTIDE's advanced heat pump technologies. Delve into our energy-efficient and eco-friendly solutions tailored for diverse global markets.
At Techbox Square, in Singapore, we're not just creative web designers and developers, we're the driving force behind your brand identity. Contact us today.
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Part 2 Deep Dive: Navigating the 2024 Slowdownjeffkluth1
Introduction
The global retail industry has weathered numerous storms, with the financial crisis of 2008 serving as a poignant reminder of the sector's resilience and adaptability. However, as we navigate the complex landscape of 2024, retailers face a unique set of challenges that demand innovative strategies and a fundamental shift in mindset. This white paper contrasts the impact of the 2008 recession on the retail sector with the current headwinds retailers are grappling with, while offering a comprehensive roadmap for success in this new paradigm.
Industrial Tech SW: Category Renewal and CreationChristian Dahlen
Every industrial revolution has created a new set of categories and a new set of players.
Multiple new technologies have emerged, but Samsara and C3.ai are only two companies which have gone public so far.
Manufacturing startups constitute the largest pipeline share of unicorns and IPO candidates in the SF Bay Area, and software startups dominate in Germany.
Digital Marketing with a Focus on Sustainabilitysssourabhsharma
Digital Marketing best practices including influencer marketing, content creators, and omnichannel marketing for Sustainable Brands at the Sustainable Cosmetics Summit 2024 in New York
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...my Pandit
Dive into the steadfast world of the Taurus Zodiac Sign. Discover the grounded, stable, and logical nature of Taurus individuals, and explore their key personality traits, important dates, and horoscope insights. Learn how the determination and patience of the Taurus sign make them the rock-steady achievers and anchors of the zodiac.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.AnnySerafinaLove
This letter, written by Kellen Harkins, Course Director at Full Sail University, commends Anny Love's exemplary performance in the Video Sharing Platforms class. It highlights her dedication, willingness to challenge herself, and exceptional skills in production, editing, and marketing across various video platforms like YouTube, TikTok, and Instagram.
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challengesHolger Mueller
Holger Mueller of Constellation Research shares his key takeaways from SAP's Sapphire confernece, held in Orlando, June 3rd till 5th 2024, in the Orange Convention Center.
[To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
This PowerPoint compilation offers a comprehensive overview of 20 leading innovation management frameworks and methodologies, selected for their broad applicability across various industries and organizational contexts. These frameworks are valuable resources for a wide range of users, including business professionals, educators, and consultants.
Each framework is presented with visually engaging diagrams and templates, ensuring the content is both informative and appealing. While this compilation is thorough, please note that the slides are intended as supplementary resources and may not be sufficient for standalone instructional purposes.
This compilation is ideal for anyone looking to enhance their understanding of innovation management and drive meaningful change within their organization. Whether you aim to improve product development processes, enhance customer experiences, or drive digital transformation, these frameworks offer valuable insights and tools to help you achieve your goals.
INCLUDED FRAMEWORKS/MODELS:
1. Stanford’s Design Thinking
2. IDEO’s Human-Centered Design
3. Strategyzer’s Business Model Innovation
4. Lean Startup Methodology
5. Agile Innovation Framework
6. Doblin’s Ten Types of Innovation
7. McKinsey’s Three Horizons of Growth
8. Customer Journey Map
9. Christensen’s Disruptive Innovation Theory
10. Blue Ocean Strategy
11. Strategyn’s Jobs-To-Be-Done (JTBD) Framework with Job Map
12. Design Sprint Framework
13. The Double Diamond
14. Lean Six Sigma DMAIC
15. TRIZ Problem-Solving Framework
16. Edward de Bono’s Six Thinking Hats
17. Stage-Gate Model
18. Toyota’s Six Steps of Kaizen
19. Microsoft’s Digital Transformation Framework
20. Design for Six Sigma (DFSS)
To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Tastemy Pandit
Know what your zodiac sign says about your taste in food! Explore how the 12 zodiac signs influence your culinary preferences with insights from MyPandit. Dive into astrology and flavors!
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Starting a business is like embarking on an unpredictable adventure. It’s a journey filled with highs and lows, victories and defeats. But what if I told you that those setbacks and failures could be the very stepping stones that lead you to fortune? Let’s explore how resilience, adaptability, and strategic thinking can transform adversity into opportunity.
2. 2
Learning Objectives
To understand the escalating importance
of logistics and supply-chain management
as crucial tools for competitiveness.
To learn about materials management and
physical distribution.
To learn why international logistics is more
complex than domestic logistics.
To see how the transportation infrastructure in
host countries often dictates the options open to
the manager.
To learn why international inventory management
is crucial for success.
3. 3
International Logistics
International logistics is the
design and management of a
system that controls the forward
and reverse flow of materials,
services, and information into,
through, and out of the international
corporation.
4. 4
International Logistics (cont.)
Through the implementation of international
logistics, the firm can implement cost-saving
programs such as just-in-time (JIT), electronic
data interchange (EDI), and early supplier
involvement (ESI).
The two phases of the movement of materials
include:
materials management, or the timely movement of
materials, parts, and supplies.
physical distribution, or the movement of the firm’s
physical product to its customers.
5. 5
Three Concepts of Business
Logistics
Total Cost Concept Trade-off Concept
Systems Concept
6. 6
Supply-Chain Management
Supply-chain management is the
integration of business processes from
end user through original suppliers, that
provide products, services, and
information that add value for
customers.
Supply-chain management connects a company’s
supply side with its demand side.
It opens up supplier relationships for companies
outside of the buyer’s domestic market.
7. 7
The International Supply Chain
Physical
Distribution
Management
Transportation
Corporation
Suppliers Customers
Domestic/Import
Sourcing
Domestic/Export
Distribution
Throughflow
Inbound
Materials
Outbound
Materials
Forward and Reverse Flow of Information, Products, and Funds
Physical
Distribution
Management
Transportation
Transportation Transportation
Order
Processing
Order
Processing
Order
Processing
Order
Placement
Inventory
Management
Materials
Management
Customer
Service
Storage Storage
Storage Inventory
Management
Inventory
Management
Costumer-Firm
Interface
Supplier-Firm
Interface
8. 8
Transportation Infrastructure
A firm’s logistics platform is determined by a
location’s ease and convenience of market
reach under favorable cost circumstances.
The public sector’s investment priorities,
safety regulations, tax incentives, and
transport policies can have major effects on
the logistics decisions of firms.
The logistics manager must learn about
existing and planned infrastructures abroad
and at home and factor them into the firm’s
strategy.
9. 9
Vessels Used in Ocean Shipping
Liner Service
Bulk Service Tramp Service
10. 10
Airfreight
Airfreight is available to and from most
countries, including the developing world.
International airfreight is expected to grow to 190
billion tons in 2005, compared to only 70 billion
tons in 1995.
Forty percent of the world’s manufactured travel
by air.
Items that are high-value or high in density tend
to travel by air.
12. 12
Export Documentation
A bill of lading is a contract between the exporter
and the carrier indicating that the carrier has
accepted responsibility for the goods and will provide
transportation in return for payment.
A commercial invoice is a bill for the goods stating
basic information about the transaction, including a
description of the merchandise, total cost of the
goods sold, addresses of the shipper and seller, and
delivery and payment terms.
A freight forwarder specializes in handling export
documentation.
13. 13
International Inventory Issues
Inventories tie up a major portion of corporate
funds, therefore proper inventory policies
should be a major concern to the international
logistician.
Just-in-time inventory policies minimize the
volume of inventory by making it available
only when needed.
The purpose of establishing inventory systems
are:
to maintain product movement in the delivery
pipeline
to have a cushion to absorb demand fluctuations
14. 14
Three Factors that Decide the
Level of Inventory
Order Cycle Time
Desired Customer
Service Levels
Use of Inventories as
a Strategic Tool
15. 15
International Packaging Issues
Packaging is instrumental in getting the merchandise
to the destination in a safe, presentable condition.
Because of the added stress of international shipping,
packaging that is adequate for domestic shipping
may be inadequate for international shipping.
Packaging considerations that should be taken into
account are environmental conditions and weight.
One solution to the packaging problem has been the
development of inter-modal containers.
Cost attention must be paid to international
packaging.
16. 16
Storage Facilities
A stationary period is involved when merchandise
becomes inventory stored in warehouses.
The location decision addresses how many
distribution centers to have and where to locate
them.
Storage facilities abroad can differ in availability and
quality.
The logistician should analyze international product
sales and then rank order products according to
warehousing needs.
17. 17
Special Trade Zones
Foreign trade zones are areas
where foreign goods may be held or
processed and then re-exported
without incurring duties.
Trade zones can be useful as
transshipment points to reduce
logistics cost and redesign marketing
approaches.
Governments and firms benefit from
foreign trade zones.
18. 18
Export Processing Zones and
Economic Zones
In export processing zones, special rules apply
that are different in other regions of the country.
These zones usually provide tax-free and duty-free
treatment for production facilities whose output is
destined abroad.
The maquiladoras of Mexico are one example of a
program that permits firms to take advantage of
sharp differentials in labor costs.
Through the creation of special economic zones,
the Chinese government has attracted many foreign
investors bringing in millions of dollars.
19. 19
Centralized Logistics
Management
In international logistics, the existence of a
headquarters staff that retains decision-
making power over logistics is important.
To avoid internal problems, both headquarters
staff and local management should report to
one person.
This individual can contribute an objective
view when inevitable conflicts arise in
international logistics coordination.
20. 20
Decentralized Logistics
Management
When a firm serves many diverse international
markets, total centralization might leave the
firm unresponsive to local adaptation needs.
If each subsidiary is made a profit center in
itself, each one carries the full responsibility
for its performance.
Once products are within a specific market,
increased input from local logistics operations
should be expected and encouraged.
21. 21
Outsourcing Logistics Services
The systematic outsourcing of
logistics capabilities is a third option.
By collaborating with transportation
firms, private warehouses, or other
specialists, corporate resources can
be concentrated on the firm’s core
product.
One-stop logistics allows shippers to
buy all the transportation modes
and functional services from a single
carrier.
22. 22
The Supply Chain and the
Internet
Because of the internet, firms are able to
conduct many more global comparisons among
suppliers and select from a wider variety of
choices.
When customers have the ability to access a
company through the internet, the company
must be prepared for 24-hour order-taking and
customer service.
For all countries, but particularly in developing
nations, the issue of universal access to the
internet is crucial.
23. 23
Logistics and Security
After the terrorist attacks of 2001, companies
have to deal with the fact that the pace of
international transactions has slowed down
and that formerly routine steps will now take
longer.
Logistics systems and modern transportation
systems are often the targets of attacks.
The need to institute new safeguards for
international shipments will affect the ability
of firms to efficiently plan their international
shipments.
24. 24
Logistics and the Environment
Since environmental laws and regulations
differ across the globe, the firm’s efforts need
to be responsive to a wide variety of
requirements.
Reverse distribution systems are instrumental
in ensuring that the firm not only delivers the
product to the market, but also can retrieve it
from the market for subsequent use,
recycling, or disposal.
Companies need to learn how to
simultaneously achieve environmental and
economic goals.