Logistic function

For a high profile company like Apple, a flawed product would be extremely damaging for its reputation and therefore high quality products and extensive testing is a necessity. However, with high quality often comes high prices, and to keep their products affordable enough for their target market Apple has to watch the other companies and their supply chain, always ensuring they have the best deal. However, while keeping an eye on the product and where it is coming from, Apple must also ensure…

Biblical Integration There is one specific example in the scriptures that I believe clearly show the utilization of logistics during biblical times. In Exodus Moses was tasked by God to go to Egypt and release the Israelites from their captivity (Exodus 3:7-10 New International Version). Causing the Pharaoh to release the people from their indentured servitude was not the only monumental task that Moses had to accomplish, he also had to lead them to the promise land. After the plagues occurred,…

Operations Management. Within this industry, I will provide background information research on the industry influences, pricing with respect to operations management, CRM systems, new products, forecasting, technology, and warrantee with reverse logistics. Marketing industry influences have a strong impact on retail, industrial, non-profit, and others. Many marketing services heavily involve the continuous…

Analysis of Results: Efficient and viable supply-chain and distribution networks must have a proficient and reliable framework for moving products between different stage in their process. Each stage is formed from two parts. Lead time which is the time span required for each stage of the product-flow process to finish and the second part is called the component cost which is basically the cost related to each step. These two features of the supply-chain administration together, are also known…

BACK-FLUSH ACCOUNTING Costing systems have been augmented to reflect the manufacturing philosophy that is based on the need to achieve competitive advantage. According to modern manufacturing philosophy, flexibility is important to provide the customers with their wants at an exact time whenever it is required so as to achieve competitive advantage. This defines Just-In-Time (JIT) system whose objective is to produce or procure products or components as to when it is needed. Backflush…

1. Define acronyms CRP, EDI, OSB, ECR and explain. CRP - Continuous Replenishment system - the purpose of this system is to streamline the logistic system, reducing inventory, and improve overall ordering and service quality for the channel customers. EDI - Electronic data interchange - P&G system involves a lot of data transfers from their retailers to P&G on warehouse product shipments to each store. This system also paved a way to determine the quality of the products to be shipped. OBS -…

Seaport is a subsystem of the supply chain and it was provides a crucial link in the transport chain that facilitates the flow of cargo. The Paixao and Marlow (2003) stated that the modern seaport should be always flexible, more focus on the service orientation, and integrated with the terminals or centres to deal with constant unchanged business environments. Ports and shipping sector have been a key factor in the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP)…

Manufacturing logistics is an increasingly complex process, and companies are incorporating big data analysis to manage operations throughout their enterprises. As engineers create more innovative technologies, it is helping firms track and efficiently allocate their vast new resources, and even though big data is fledgling, it is making a positive and powerful impact on daily business operations. Why Big Data Matters Big data is a making substantial impact that on the logistics industry. The…

It can be rather difficult to form an accurate prediction of where each occupation will stand in the years to come. Some jobs will be gone forever, and some will be continuously growing with no end in sight. The same goes with the occupation of logistics. There are several different ideas on where it will stand, a few are stated below. From the years of 2014 to 2024, it is projected that employment of Logisticians will grow around two percent. This is slower than the average of all occupations…

most important role in the implementation of logistics operation. The provision of transportation services in the development of logistics operation ensures that goods and products move and provides a regional efficacy that helps in meeting the needs of the customers. It plays a connective role among the various approaches used in acquiring the utilization of useful goods from raw materials by the consumers. Transportation manifests its role in logistics operations through the creation of a…