framework has allowed the company to pass on the fruits of low-cost operations to the investor through low investment expense ratios. Again, using Michael Porter’s description, we can integrate the Vanguard organizational structure into the model to map out how Vanguard realizes it’s competitive priority within its activities. Like all asset management firms, the goal is to facilitate the client in achieving the highest possible return on the investment dollar. Using Porter’s model we can…
transportation services provider, Hanjin Shipping has four regional headquarters, 230 overseas branches and 30 local corporations. (www.hanjin.com) According to their business description, the company’s logistic network includes 14 dedicated terminals at the world’s major hub ports and six inland logistics…
Dog in the Nighttime, mirrors Christopher's approach as to the way he processes and views things in the world. Christopher relies on facts, numbers, and truth, and often resorts to visual aids or maps when he can not translate the way he feels through words. Haddon masterfully adds in visual aids of maps, math problems, and drawings along with the text to help the reader understand Christopher’s thinking process. Haddon’s prose is direct and simple, due to Christopher’s approach…
customers, organization's size, number and location of warehouses, and transportation matters. 4.2 Fragmented logistics structure is a framework where all the activities are managed in a multiple departments while the unified logistics activities are managed in a single department. 4.3 Centralized logistics organization is centered at a main office in a place. Decentralized logistics has many offices in many nations to discuss and make decisions. 4.4 Describe the hierarchical and matrix…
Logistic and Supply chain issues: - Long lead time: the complicated procurement and the unprofessional management of raw materials suppliers can increase the waiting time for the manufacturing process. Furthermore, the poor transportation system and inner-city truck ban law also add time to the flow of goods in supply chain. - Error in order fulfillment: without application of modern communication such as email or electronic program, partners in supply chain mostly use telephone or face to…
Ports are a key link in the logistics supply chain, and significant economic drivers. The Mombasa Port is the main linkage to East and Central Africa. It is the largest port in the country that connects the Northern Corridor Countries of Kenya, Rwanda, Uganda, Burundi, Democratic Republic of Congo, Northern Tanzania, South Sudan and Ethiopia (See map 1 below). The Kenya Ports Authority (KPA) mandate is: regulation, development, and operation of all the ports along the Kenya’s coastline. In…
Inventory Cost Are the one of the major logistics costs for large number of manufacture and retail companies, and they can represent a significant element of the total cost of logistics. There major cost trade –offs that can made with all the other key logistics components. It is important to be able to understand what the key cost relationships are within a company. There are four principal elements of inventory holding costs are: 1. Capital Cost :The cost of the physical stock it also a…
them, and their progress in solving the issues that arose. After this “case study”, they found out that this process gathered a lot of data that improved local law enforcement decisions. Nowadays, CompStat assists in “...collect[ing], analyz[ing], map[ping], and review[ing] crime data and other police performance measures on a regular basis; create best-practice strategies to address identified issues and implement these strategies in real time; hold [everyone] accountable...and consistently…
management. Map, indicating main daily routes and the location of the HFS…
Solution: This is supervised learning case study where dependent outcome is known. Using this variable we can able to estimate the probability of dependent variable outcome by logistic regression technique. To do so I have done feature selection using Least Absolute Shrinkage and Selection Operator (LASSO) and estimate the probability of each account holder delinquency. • Using LASSO technique, Current Balance, Home Price Index…