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4)
The value inherent to freight forwarding in the modern global supply chain can be stated both in terms of finances and efficiency, which ultimately has its own effect on finances and revenues, as well. These two value elements are largely intertwined in the supply chain itself as well -- freight forwarders are better equipped to locate available shipping space at the best possible price than are individual manufacturers or even distributors (Baluch 2005). Freight forwarders essentially offer a service to both shippers and manufacturers/those in need of shipping, creating greater value for both asset-based entities in the arrangement by creating greater efficiency in the system as a whole (Baluch 2005).
5)
The seven economic drivers of transportation costs can be easily illustrated with the example of a standard laptop computer. Distance for many of these units is considerable, often requiring transport from parts of Asia to Europe and North America, with prices commensurate with the miles and modes of travel required. Weight and density for most laptops is not a major factor of increasing the cost of transport, as individual units are relatively light (between one and four pounds) and are not especially dense for their size (though this varies considerably from model to model). Stowability is also a relatively minor factor...
The market has one of the most complex relationships with transportation costs, but as technological consumption continues to rise in the world, shipping from manufacturing regions will likely remain relatively cheap as the shipping supply grows.
6)
The freight bill, or bill of lading, is given by a shipping provider to the manufacturer or shipping originator to acknowledge the receipt of specified goods for transport, usually with certain key details of the shipping agreement including payment terms, pickup and delivery locations and often dates, and a detail of the goods to be transported (MarketTrans 2010). Though not itself a full contract, it is evidence of a contract (whether verbal or written) between the shipper and the carrier, and as it lists certain terms of the carrier's part in the venture and requires the shipper's signature it is legally binding in several regards (MarketTrans 2010).
7)
The essential goal of multi-vendor consolidation is to increase the efficiency of shipping for both
The freight bill, or bill of lading, is given by a shipping provider to the manufacturer or shipping originator to acknowledge the receipt of specified goods for transport, usually with certain key details of the shipping agreement including payment terms, pickup and delivery locations and often dates, and a detail of the goods to be transported (MarketTrans 2010). Though not itself a full contract, it is evidence of a contract (whether verbal or written) between the shipper and the carrier, and as it lists certain terms of the carrier's part in the venture and requires the shipper's signature it is legally binding in several regards (MarketTrans 2010).
7)
The essential goal of multi-vendor consolidation is to increase the efficiency of shipping for both
Supply Chain Ann Supply Chain Management Annotated Bibliography Chopra, S., & Meindl, P. (2010). Supply chain management: Strategy, planning and operation (4th ed.).Upper Saddle River, NJ: Prentice Hall The text by Chopra & Meindl (2010) is an excellent starting point for this discussion, primarily because it serves as a rather exhaustive introductory reading on the subject. Providing academic explanation of the basic premise of supply chain management and an extensive investigation of the
Supply Chain Management Hypothesis defined Concepts of SCM and the evolution to its present day form Critical factors that affect SCM Trust Information sharing and Knowledge management Culture and Belief -- impact on SCM Global environment and Supply Chain management "Social" and "soft" parameter required for SCM Uncertainties This chapter aims to give an outline and scope of the study that will be undertaken in this work. The study lays out the issues faced by manufacturing organizations when it comes
This shift in responsibility that a payoff can force over time needs to be dealt with from a business process management and change management standpoint over the long-term (Jacobs, Chase, 2010). By concentrating on the unique requirements and needs of the internal stakeholders, payoff analysis can be profitable and productive over the long-term. References: Juan Alberto Aragon-Correa, & Enrique a Rubio-Lopez. (2007). Proactive Corporate Environmental Strategies: Myths and Misunderstandings. Long-Range Planning,
Home Depot and Management Tool • Company background -- must include sales and employment data. Products or services provided. Size vs. major competition. The Home Depot (NYSE: HD) is the world's largest home improvement chain and the fourth-largest retailer of home improvement and construction products and services. Founded in 1978, Home Depot has about 2,500 locations in each of the 50 states as well as in the 10 provinces of ten provinces
Supply Chain Integration How Defining Supply Chain Standards Can Improve Integration and Performance Supply chains by their very nature of often disorganized, lack a cohesive data model or taxonomy for sharing information and knowledge and over time can become exceptionally myopic and inward centered. When these conditions exist in conjunction with dominant firms who seek to create their own unique, proprietary supply chain integration standards, the fragmentation or balkanization of an entire
Supply Chain Management Of the many processes, systems and platforms in any company, its supply chain is the most critical for continually meeting customer expectations and delivering high quality products and services. Managing supply chains so they are demand-driven and meet and exceed customer expectations is essential if a business is going succeed over the long-term and earn trust through continual, predictable execution to customer requirements (Ellinger, Shin, Northington, et.al.