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7045ENG-: GLOBAL LOGISTICS & SUPPLY CHAIN MANAGEMENT
Thus, supply chain management (SCM) is done by adhering to a set of methods to robustly integrate suppliers, producers, stock-keeping units (SKUs) and customers to produce required quantity and transport it to the given place at the right time to control system wide expenses while meeting service level requirements. The general view on SCM is that it assists in attaining the final objective of reducing inventory (Khan et al.An effective supply chain has three levels; the first level is
Pages: 11 (2750 words), Essay
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24 hour transportation
The weight of the machine that ought to be transported is the biggest challenge that we face. According to the information retrieved from the ERP, the machine is a special backup electrical generator (1375KVA), which is 20ft containerized equipment. The weight and volume of the product is likely cause major predicaments when it comes to transporting it. However there are various strategies that we can employ to ensure we can effectively transport the cargo from Bitam in Indonesia to Santos
Pages: 4 (1000 words), Essay
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7045ENG-201314-SEM-2: GLOBAL LOGISTICS & SUPPLY CHAIN MANAGEMENT
Extra charges mainly result due to using more than one mode of transport. It should be considered which mode is cheaper and is likely to provide direct transportation from the source to the destination. Using of multiple modes is likely to result in additional charges like one from loading and of loading of products before they get to their destination.Efficiency of the transportation mode is important to consider as one may need the guarantee that the mode will provide an efficient transport
Pages: 6 (1500 words), Essay
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3 questions
After discounting, positive or higher NPV means that the project should be accepted; but not those projects with negative NPV.shareholders because these techniques consider the importance of ‘time value of money’. Basically, the use of discounted NPV and IRR can provide the shareholders with more accurate figures needed in making important business decisions.To build a completely new berth in an undeveloped area of the port. The development including the installation of fully automatic,
Pages: 7 (1750 words), Essay
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2 questions
And exemplification of this, the reader should consider the case of a firm that is attempting to provide an alternative good or service in an already saturated market. As compared to his firm, the relatively new entrants into the market will face a situation in which the overall extent to which its financial reserves and he leveraged as a means of finding an alternative path toward supply chain is usually quite limited. Furthermore, the margin of error that such a firm has to deal with is water
Pages: 8 (2000 words), Essay
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