1- Discuss the business and legislative changes that resulted in an increased awareness of the sourcing of transportation and logistics activates.
There are several changes that resulted in an increased awareness of the sourcing of transportation and logistics activates such us the transportation and logistics carriers should be more open and aware of the market and sourcing to have to compete others. The services also should be aware of others and try to offer rewards to have more customers.
2- What are the benefits associated with maintaining control and visibility of transportation shipments?
there are many benefits that are associated with maintaining control and visibility of transportation shipments such as the tracking of the shipments
…show more content…
The 3LP serve in many functions such as delivery services, supply chain planning, packaging documentation, customs brokers, warehousing operations, and basically most of the logistic services.
6- Discuss the conditions under which a buyer might prefer that a third party logistics providers arrange and control the transportation and storage of purchased items a buyer might prefer a 3LP when it comes to tracking services, mode selection, carrier cost and management. If buyers would plan all these by themselves, it might cost them extra money, therefore preferring a 3LP to do all the job is much better and a smart move to start a business.
7- Compare and contrast the relative costs and service advantages and disadvantages of air, motor, water, pipeline, and rail carriers. Advantages Disadvantages air - Fast
- Reliability
- Good for small and light shipments - costly
- material and fuel is costly
- not good for large shipments motor - flexibility
- reliability
- JIN services
- Door to door services - costly for long distance
- low productivity
- depends on weather condition water - cheap
- good for large and heavy
…show more content…
Therefore, these performance metrics can help 3LP to measure transportation system.
11- One of the benefits often cited by third-party logistics providers is their ability to provide access to critical performance and operating data. Explain what is mean by this statement
3LP is a basically a firm that managing the need of logistical services in a business. Therefore, 3LP share a lot of information between them and the business and it is necessary to have access to critical and timely data in order to make a better decision for the business.
12- Provide some examples of spending that would fall under the category of services versus indirect spending. What is the difference between the two?
Indirect spending is a buyer purchasing a service or goods like computers, equipment … etc.
Spending category is the amount of a total purchased of the services and goods that are from indirect
Even though the Moreno Valley World Logistics Center can bring harmful elements to the city, it will positively affect the community by generating jobs, tax revenue, and city growth. The Moreno Valley World Logistics center is such a great opportunity for all of Moreno Valley’s citizens. With facilities on this expansion of land, there is an estimated 20,000 jobs available within the center. The jobs range from pretty basic and minimum paying jobs like packing boxes to a robotics programmer. So yes, although there are some low level jobs about there are also jobs that require a good amount of intellectual knowledge that will pay fair.
These costs can be both personnel and non-personnel and both direct and
The reason for this business plan is to raise $100,000 for the development of a paralegal facility while outlining the probable financials and procedures over the next three years. Reid Paralegal Service, Corp. (“the Company”) is a Milton, Ontario based company that will offer research of legal documents to persons and the courts in its besieged market. The Company was established by Isabelle Reid. 1.1 Services
Assignment 5A: Gallup Polls Reviewing the Gallup website, one of the polls that spikes my attention is “U.S. Spending Returns to More Typical Levels in August”. The poll takes a look into the daily spending habits of Americans, on average. The spending amounts excludes most major purchases and household bills; it focuses on discretionary income.
Based on the expense in November through January I’ve divide it into seven categories which are utilized, transportation, Store/Grocery, restaurants, school, loans, and Health/clothing. After tracking my spending most of the money went into the loan and utilizes categories. The Loan category is made up on two loans which are my car and school loans. In my loans I spend around a total of 840 dollars per month. Even though I made my final car payment in April most of my spending is still in the loan category.
The Government controls the economy and try to perform the best situation through regulations. Occasionally, rules in the economy are useful, but in some cases these rules may make it worse than good. Then, the best alternative is deregulation that is when the government reduces or eliminates restrictions on business, industries, etc. It happens when the enterprises protest against the government restrictions which hampers their ability to compete. Of course, deregulation is not a fast neither an easy process.
To provide an efficient and economic transportation system in the ocean commerce in the U.S. that is in harmony with international shipping practices. To encourage the development of an economically sound and efficient United States-flag liner fleet capable of meeting national security needs. Act History
The obvious problem with this form of transportation was inefficiency. Transporting cargo would take weeks, even months, to cross the Atlantic to deliver goods that some cultures depended on. Modern nuclear-powered vessels are able to conquer seas in a fraction of the time it would a sail-powered vessel. Furthermore, the most impressive and innovative way goods are transported today is by air. With this advancement, goods are able to travel across earth in a matter of days.
Question 1 – Reporting environment relevant information for an investment company A year ago you bought shares in an investment company. The investment company in turn buys, holds and sells shares of business enterprises. You want to use the financial statements of the investment company to assess its performance over the past year. Required: (a) In less than 250 words explain and identify in a bulleted listing what financial information about the investment company’s holdings would be most relevant to you?
3. What were the key decisions taken by P&G in relation to the distribution channel? Could a mid-sized manufacturer have used this effort? P&G made three major decisions in relation to the distribution channel. The first decision was the implementation of CRP, which was focused on improving supply logistics and reducing channel inventory.
Here 70% of our business is done with military so in military terms logistics means the organization of moving, housing and supplying troops and equipment’s. No doubt logistics is an important activity as there is a process for doing a work and there must be proper coordination and cooperation. Lack of proper coordination means, high chance of getting errors in work. This case analysis focus on providing the recommendations to the top management to make sure their activities are going smoothly in the market and they can be ahead from their competitors in this competitive world. In easy words, the organization wants to improve their delivery to their customers.
As an experience freight forwarder company will offer a scope of freight forwarding services to meet all the customer’s needs in shipping out the goods and other logistic service that they require. Years of experience from the freight forwarder company means that the freight forwarder can used their network of carriers to interface the customer’s freight with their air and ground accomplices. This will simultaneously help the customer to save their time and money in the process. It also indicates that the customer shipping needs will be handled with cares and the process can be more smoothly as they have already dealt before with different customs issues, strikes and shutdowns (“Top 5 Tips for Choosing a Freight Forwarder”, n.d).
Question 2 The cost of service is changed as the density/cubit foot increased, because carriers are able to carry greater weight within in same space. Plus, the tubular containers reduce the possibility of damages to the products. The risk is lower.
The teams processing the information for the customers for the service provided were contacted by the customers to assist them in making payments. Knowledge The knowledge about the buying criteria of the consumer and that there was greater opportunity for the differentiation strategy implemented based on the quality and the services offered for customers. Mike was also able to establish the fact that his relationship was not too smooth with the managers of the
Consumer spending is certainly the basis for many economies. Long-term prosperity of the mid-1990s to the late 20th century, built in buoyancy spending - especially in developing countries, the service sector has replaced manufacturing as the main economic engine. Policy makers have lined urged consumers to get back to the