Logistics

The production department, usually factory manager informs the purchase department about the requirements of materials. The information is passed through the purchase intent issued by factory manager to the purchase manager. In case of regular product like stationary and small purchase, the store in charge issues the purchase intend giving a copy to the factory manager item specification, required quantity, name of the manufacture, approximate costs etc. are mentioned in the purchase intend. The…

With about 23,000 students, WU Vienna is one of the largest and leading universities for business, economics, business law and social sciences in the European Nation (Vienna University of Economics and Business). As a result, this educational institution unifies human beings from various cultural, educational and social backgrounds. Therefore, being socially responsible must be one of WU Vienna’s major goals to fulfill its role as an accredited educational establishment. Consequently, as a…

In the Maritime Industry, there are two types of shipping. Liner shipping and Tramp Shipping. In order to manage these two forms of shipping, a port agent or a port agency is designated person or agency held responsible for handling shipments and cargo, and the general interests of its customers, at ports and harbours worldwide, on behalf of ship owners, managers, and charterers. Specifically, there are two types of port agents. Liner Agent and Tramp Agent. A roles and responsibilities of a…

The main purpose of transportation system in a country is to provide the efficient and safe movement of goods and passenger from one location to another. The economic development is strongly affected or influenced by the availability of transportation. The increasing number of vehicles on the road has created a major problem through traffic accidents due to the loss of lives and material. Moreover, in developing countries such as India traffic accidents rates are still quite high. Therefore, the…

SWOT Analysis Strengths. The most powerful strength that Costco has is pricing authority. It is Costco’s philosophy that they will provide its members with quality goods at the most competitive prices. Their goal is not to maximize profits in short term, but build trust with customers that they provide the most competitive prices. Costco values their employees more than anything. They pay higher rate of wages that other competitors, and provide good cares. The turnover rate is less than 5% for…

Part 3 Type of industry: Moving services industry. The public company which is a candidate for BJM to consider for their long-term expansion and acquisition strategy is the Sirva Inc, a worldwide relocation and moving company. It is one of the largest moving companies in the world with more than 1,475 offices in over 170 countries. They provide moving services through agents that own trucks and these agents are also responsible for hauling, packing, storage and distribution of household…

Faber-Castell Faber-Castell is a company that has created utensils for artists since 1761. It has been family owned for eight generations, and is a well-regarded company worldwide. They distribute to 120 countries while keeping production in just ten countries. Partnered with 25 different distributors, Faber-Castell continues to manage a successful business model for 256 years, and a large part of that is owed to their marketing strategies. (c) Long standing companies such as Faber-Castell find…

1.1 General This work deals with the important issue of transmission system congestion management with consideration of voltage stability as a load ability limit. Congestion is defined as a whenever the physical or operational constraints in a transmission network become active, the system is said to be in a state of congestion. The possible limits that may be hit in case of congestion are: line thermal limits, transformer emergency ratings, bus voltage limits, transient or…

In recent years, the Hamilton Group RDA (HGRDA) becomes one of the biggest RDA groups in New Zealand. HGRDA provides horse riding services to a large consumer group which involves approximately 160 riders enrolled in 2017. Even though the numbers of rider are large and increasing, the HGRDA is currently using a paper-based system to manage the equine yard and different horse riding lessons for registered riders. By using the paper-based system, all the information about the lesson schedules,…

The Supply chain is described as a network of different companies producing, handling or distributing product. The supply chain comprises all the stages to get goods and services from the supplier to the customer. Mentzer and Gundlach (2010) elaborate by stating that given the significance of supply chain activities to the firm as a whole, it stands to reason that the supply chain cannot be managed effectively in isolation. Supply Chain Management needs to be considered in nearly all elements of…