Topic: The Economic Importance of LogisticsDue in part to globalization, logistics has become an integral element for business operations around the world. As a result of improvements in technology, business transactions can occur from anywhere in the world. These transactions often require a comprehensive logistics program to fulfil the high demand for consumers around the world. Likewise, improvement in technology has increase the manner in which online transactions and e-commerce

" In those manufacturers who are attaining lean enterprise-level performance, the cultures of their companies have become incredibly focused on metrics, and in fact the organizations themselves have become so metrically driven that the culture itself embraces the concept of measuring performance and improvement (Nash, Poling 2007). Lean positioned for cost cutting vs. customer-driven change. This is also a critical mistake many manufacturers make, and often becomes the main focus these

Sustainable Rules Drake Nash RLMT 307 Food and Beverage Reverse Logistics -- Fall 2015 Ayers The implementation of sustainable rules and regulations as well as constraints in the markets across the world, have compelled international industries, in this case, the food and beverage industry, to establish reverse logistics, which is the backflow management of the supply chain system. Reverse logistics encompasses the waste management of products and merchandises in the backward supply chain.

Alcan's continued revenue growth is the result of the combined success of increasing sales in four main business units, in addition to growth through acquisition. The cumulative effects of these two factors have served to create a profitable business and one where a highly decentralized organizational structure dominates (Chang, Wang, 2011). The catalyst of the organization becoming so decentralized is the continued revenue gains made across four businesses, each competing

Added Value From Supply Partnership In the contemporary supply chain, organizations prefer getting into partnerships with the players involved in the supply chain and implementing a sound supply relationship management to ensure they derive the maximum advantages. Some of the added values to the organizations that come with the partnerships are; There will be increased performance since from the formed strategic partnerships there will be a better understanding of the areas

This allows for greater levels of planning and cooperation, and fills in the information gap that currently exists between the factory floor and the rest of the supply chain. Lexmark provides an example of waste. Recently, the company found itself with more than $1 million in scrap from one lot. Engineers had insufficient information to isolate and fix the problem, so were instead relegated to crisis control. With more accurate