As a large-scale transport and logistics company, Kuehne-Nagel considers specific criteria: 3.1 Company mission All of Kuehne-Nagel’s carrier decisions are made to meet the company’s mission of integration, innovation, outstanding quality and operational excellence (Kuehne-Nagel, 2017). Consequently, company forwarding activities employs the MPDS (measure, plan, do, settle) carrier process as shown in Figure 2 to meet the company mission. The MPDS model enables the company to consider and…
growth key factor for the Greek economy. This brings the Port of Piraeus in a vital position for the country itself, but also for Europe and the surrounding area due to the geographical importance, which was explained above. The port of Piraeus is a logistic hub with great future growth potential that can contribute to the country’s national economic…
Abstract: The Port of Singapore has a multi-pricing structure. The costs are arranged in three categories: port-calling costs, terminal-handling costs and concession pricing. Port-calling costs are the costs of all services offered to the vessel, ranging from access to quay or terminal, to pilotage, to the supply of water and bunkering, i.e. they encompass all ship-handling costs. Terminal-handling costs comprise costs for loading or unloading, storage, customs clearance, repacking and…
A corrective measure taken in this direction was the adoption of QR approaches to supply chain management, in order to react faster to market trends and to reduce the risk of the product being heavily overstocked or out-of-stock. Implementation of a QR based system would improve the performance of the supply chain and thus reflect positively on the division’s profits. This system is a combination of the ‘Just-in-Time’ system (JIT) and the latest Information Technology based systems to help the…
Strength is defines as the skills and capabilities that give the organizational special competencies and competitive advantages in executing strategies in pursuit of its mission. Metro Cash and Carry (Metro group) have several inherent strengths which can make the company utilise its competitive advantages in the wholesale market. First, strong brand name is one of the major strengths of Metro group. The company has been operating its business for the past 50 years. It has built a reputable…
1.1.1 The constituent elements of capacitated vehicle routing problem All kinds of the vehicle routing problem contain a series of essential elements, which primarily are depot, customers, goods, vehicles, routes and the constraints and objective functions proposed to resolve the problem. 1. Depot. Depot is usually the beginning point and terminal of every delivery route. In a specific vehicle routing problem, the number of depot can be one or more than one. The location of the depot can be…
One of the key functions in logistics systems is physical distribution, involving the flow of products from manufacturing plants or central depots through the transportation network to consumers. It is an expensive function, especially for the industries involving distribution. The Operational Research literature has addressed this problem by calling it as the vehicle routing problem (VRP). Vehicle scheduling or vehicle routing problem (VRP) is a combinatorial optimization and integer…
LONG QUESTION Q. Describe the mauryan administration system. Ans. The Mauryan administration system was efficient and monarchical. The king of the Mauryan government was the head of the Mauryan empire administration. The Mauryan Empire had the privileged of having successful administrators such as Chandragupta Maurya, Bindusara Maurya and Ashoka the Great. The administration of Mauryan Empire was decentralized and the administrative powers were divided into convenient administrative units.…
Problem Statement In an effort to remain a low-cost provider, Balagny Clothing Company made the decision to outsource the production of their clothing line to a contract manufacturer in China. By doing so, desired cost savings were obtained Balagny as labor costs and initial investments were less than if the domestic facilities continued manufacturing efforts. Although Balagny’s decision to outsource was created to minimize overhead, it eventually came with a price that nearly shortened the…
Coles Supply Chain Reform Objectives S. No Projects within the transformation Program Project Goals 1 Logistics network reconfiguration • A simpler network of national slow and regional fast facilities 2 Warehouse & Transport management systems • One warehouse management system across all DC’s • Integrated transport delivering lower costs per case delivered…