...[pic] UNIVERSITI TEKNOLOGI MARA SCHEME OF WORK |Code |: |EVM451 | |Course |: |Event Conceptualization And | | | |Planning | |Level |: |Bachelor | |Credit unit |: |4 | |Contact hour |: |4 | |Semester |: |2 | |Course Status |: |Core | |Pre-requisite |: |None | Course Outcomes At the end of the course, the student will be able to: 1. Identify the event management process in strategizing event conceptualization and planning. ...
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... ----Chinese cannot be the employee of the world China has been regarded as ‘World Factory’ for a long period until now. This appellation was considered as an honor by a vast majority of Chinese people in the past decades. Nevertheless, it was recognized that China cannot be the world factory because the labor cost and the manufacturing costs are increasing. This change reduced the profits of manufacturing industry, which means that the business environment for our manufacturing has been becoming more deteriorative. From government’s perspective, China need industrial transformation and upgrade industries. On enterprises’ viewpoint, the significant method for this situation is innovate the business model. This essay will demonstrate the gap between Chinese business model and the international advanced business model. The control power to industry chain determined the merchant mode. In modern business, controlling the upstream section of the industry chain means that the enterprises make profits and economize the resource and cost furthest. For instance, China only control the one part of industry chain. That is manufacture which is a low-income and high cost part. However, the upstream section of the industry chain was controlled by American companies. The most famous example may be the Apple Inc. that never produce even one element of electronic products. Apple Inc. masters the design and research section which is high yield and the crux of the whole...
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...Introduction Today there is great interest in the technology class BIG DATA, connected with the continued growth of data that have to operate large companies. The accumulated information for many organizations is an important asset, but handle it and benefit from it every day becomes more and more expensive. In my essay, I will try to describe the concept of "big data" and explain how it works. What "Big data" means? The concept of big data is rapidly gaining popularity. However, the exact idea of what constitutes a concept is not at all, especially for people outside the IT-sphere. The easiest way to explain this ignorant man on a practical example. Two years ago, a huge network of Target stores began using machine learning in the interaction with customers. As a training sample used data collected by the company for several years. As markers of specific customers to use banking and nominal discount cards. Algorithms analyze how and in what conditions were changing consumer preferences, and make predictions. And, on the basis of these forecasts, the buyer makes all sorts of special offers. In the spring of 2012, a scandal broke out when the father of twelve years old school girl complained that his daughter sent leaflets with suggestions for pregnant women. When the network is already prepared Target recognize the error and apologize to the aggrieved customers, it turned out that the girl really was pregnant, even though she and her father at the time of the complaint did...
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...enables informational technologies to fuse with logistic. In this fast growing global economy, e-logistics has been appeared to overcome the informational barriers in the supply chain. This essay indents to bring an interpretation of the “old economy” logistics with "new generation" logistics. Firstly, the essay explains the definitions of the e-logistics and also analyses the differences between e-logistics and traditional logistics. INTRODUCTION Oscar Morgenstern proposed logistics as a discipline in science economy. Until the Second World War, logistics was considered as a science using for military services. Now logistics is considered as a civil science. The developmental stages of logistics can be categories as military logistics, business logistics and e-logistics. Among these stages, e- logistics can be considered as the latest stage of this industry. Nowadays, e-logistics has been discussed as electronic logistics, which uses the web technology as inevitable tool to administer some of the sectors of logistic industry or the whole process (Wang Wei, 2003); according to Prof. Zhai Xuewei, e-logistics is the combination of logistics supporting e-commerce and the electronic technology for logistics (Sun Chao, 2002). In this juncture, e-logistics can be regarded as e-logistic commerce, in which information flow is combined in the form of electronic technology, network technology and automation. Therefore, e-logistics allow to contribute data, facts and knowledge within...
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...QUESTION 1: ESSAY The Wilcox Student Health Centre has just implemented a new computer system and service process to "improve efficiency". As pharmacy manager, you are concerned about waiting time and its potential impact on college students who "get no respect". Question 7: What is Six Sigma’s problem solving approach? (5 marks) Write your answer in the box provided below. Generally, Six Sigma is a problem-solving methodology that helps enhance business and organizational operations. It can also be defined in a number of other ways: a quality level of 3.4 defects per million opportunities, a rate of improvement of 70 percent or better, a data-driven, problem-solving methodology named (DMAIC) of Define-Measure-Analyze-Improve-Control, and an initiative taken on by organizations to create bottom-line breakthrough change. It provides a basis of improvement into an organization for them to follow and increase efficiency or reach outstanding quality and operational goals that could not have been met beforehand. QUESTION 8: ESSAY List the MRP inputs and outputs. Why does an MRP require a BOM? MRP inputs would be a finished good production schedule (total amount of finished goods ordered), as well as lead time for each sub-assembly/individual or dependant part(s) for delivery from time when ordered, current inventories, lot size restricted to or agreed to upon ordering, MRP works backward from a production plan for finished goods to develop requirements for components...
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...Topic: Do the terms, ‘logistics management’ and ‘supply chain management’ have the same meaning in operations and why logistics management might be of strategic importance to a manufacturing or service organisation. During last two decades, the importance of logistics has been noticed around the world. In global markets, the effects and further developments of logistics and supply chain management for corporate success has increased significantly that result in a large amount of companies have taken actual benefits in logistics, such as reducing costs, enhancing customers' satisfaction and increasing sales. However, some people are confused with the relationship between logistics and supply chain management, what logistics or logistics management is and what supply chain management is, weather or not that they are the same meaning in operations. Therefore, this essay will argue that logistics management and supply chain management are not exactly the same in operations because of the scope where utilized and some specific activities are similar, but some are different. In the end, this essay will also talk about the reasons for logistics management is a important strategy to manufacturing or service companies. The first argument is that they are not completely the same terms in operations because of the scope where utilized are different. Firstly, according to Murphy & Wood (2008), CSCMP states that the supply chain management includes all activities about planning and management...
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...[pic]东北财经大学本科生论文形式课程考试 成绩评定单 (Essay Cover of Non-Paper Exam, DUFE) 论文题目(Title)Successful supply chain management of Wal-Mart 学生姓名(Student Name)Jasson 学 号(Student Number) 2013212082 专 业(Programme)Business Management年 级(Level) Sophomore 课程名称(Module Name) 课 程 号(Module Number) 论文成绩(Score) |论文评语：(Comments)—— | | | | | | | | | | | | | | | |任课教师签字： | |(Signature) ...
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...Title of Your Essay Your Name Course Number & Title Instructor's Name Month Day, Year REASON 1 – Logistics cost – The first and foremost reason of not purchasing directly from a manufacturer is that the cost of logistics would be saved. When a trader purchase goods directly from wholesaler they can purchase in less quantity as compared to that of the manufacturer. The higher the quantity the higher would be the cost of logistic (Zikmund and Stanton 1971). The logistics cost would decrease the profit margin of the trader. It is not only about the cost but the problems and responsibility also gets increased. The trader then has to take care of the stored goods and also incur expenses to keep them safe. REASON 2-Unbounded purchase quantity- When a trader buys goods from a wholesaler it is not mandatory to buy a huge number of quantities. Although there is a prescribed number of units that are mandatory for a trader to buy from a wholesaler but it is lower than that of the quantity purchased from the manufacturer. If the purchase is made directly from a manufacture then again there would be a problem of large order. This is another reason why Mal wants to avoid purchasing directly from the factory (Lammers T. 1995). One reason associated with this is also that the trader has to pay several months advance to book the goods he wants to purchase. This adversely affects the credit cycle of the firm. REASON 3- Better choice of products- A wholesaler has so many brands of...
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...Logistics or Academic Essay Logistics or Not 05/27/2015 Arue Johnson ENG/220 Nora Barber For logistics or not for logistics I should stay in the logistic career field instead of venturing on new career paths. I will review in comparison and contrast the reasons for staying in the logistical field opposed to leaving this career. I like working in the logistical field because the economy needs logistics. The employment opportunities in the logistic field are widespread throughout the country and world. I have eleven years of experience in logistics; so I have knowledge advantage. When I earn my Bachelors degree, it will support and strengthen my logistical experience. For logistics I should continue to pursue a logistic career because the economy relies on logistics. The economy functions on supply and demand. Companies distribute and receive supplies to supply the economy of what it demands. It does not matter what type of business it is: military, agriculture, industrial, manufacturing, human resources, or financial. The logistical behavior never changes. Every supply and demand business model is requisite of logistics. Logistics is the reason for economic growth and technological advances. If it weren’t for the increasing demand for logistics to supply the economy quickly, then it wouldn’t have stimulated the advancement of technology to do so. Michael Porter, a business strategist, inferred...
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...Introduction The essay will introduce the reader to how the Economic Development Board (EDB) played an important role in Singapore’s economic growth in the Logistics and Supply Chain sector. The essay is divided into three broad sections, namely the contributions, challenges faced and the improvement strategies. Logistics is the management and the process of raw materials becoming the finished product, mainly focusing on the transportation and storage of goods. Supply chain manages the flow which encompasses the supplying of materials to producing the product and the distribution of the finished product to distributors, retailers and finally to a customer. Located in a prime location geographically, 20 of the top 25 logistics players such...
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...The essay will discuss the concepts and the importance of logistics in our global word. It will then move to the recent climate change and its impact on our world with particular reference to logistics and GHG emissions relationship. The write up will follow up with the EPA and other agencies reactions and discuss the impact and the changes in the logistics management by the companies around the world. SUPPLY CHAIN MANAGEMENT Supply Chain Management refers to the flows of processes though which the goods are moved from the customer order to the acquisition of raw materials, supply, production, and distribution of the goods to the relevant customer. It basically refers to the management of the activities for the collections of raw materials to the production at the factories to the distribution of these goods. The manager must coordinate with all of these pieces in a cordial manner for the effective management of the supply chain (Mentzer, 2001). LOGISTICS MANAGEMENT Logistics Management is widely known concept in the global world. All companies rely on the logistics for the efficient flow of the goods and services. For Example: Industrial manufactures rely heavily on these logistics for the transportation of the mass-produced items. At the same time, the consumer goods manufactures want their goods to be delivered to the outlets and warehouses before the customer calls for it. Therefore, Logistics management has now evolved into one of the most important links in the...
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...MK 4400: LOGISTICS MANAGEMENT Name or Names (Not more than 2) __ INSTRUCTIONS 1. This Exam is due in at the beginning of the next class. Please use 2. The exam is offered in two parts: (a) problems/short essays (70%), and (b) a case study on Westminster Company, Case 4, text pages 454-459 (30%). 3. In general, page limit is one-half a page per sub-question. This limit is intended to make you communicate complex ideas in a succinct manner. You may include as many figures, tables, graphs, as necessary to provide supporting documentation to your written text. 4. Finally, please sign the following statement to affirm academic honesty: I_DVD_ (name/signature) pledge that I neither gave nor received help in this exam 1A) Explain the differences and similarities between the concepts of Supply Chain Management and Logistics Management. Supply Chain Management definition states that: consists of firms collaborating to leverage strategic positioning and to improve operating efficiency. Logistics Management implements the plans for efficient move of goods and personal. So similarities they are both used to achieve efficiency and economics of scale but the differences being Supply Chain is a strategic choice while Logistics is the work required to move and position the inventory. 1B) How is logistics related to the marketing effort? The marketing effort depends on determining the needs and wants of the target markets and delivering...
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...Logistics Information Warehouse or LIW is an information system that was created for individuals within the Armed Forces to encompass all logistical data into one convenient location from various information systems. Taking the Army into account, one can see that for years the Army had multiple information systems that did not interact between one another. This created more work for individuals who needed multiple reports from each of the information systems to generate one report for a specific purpose. This lack of interaction between the systems resulted in extensive time lost between information flow from one organization to another. LIW was created in order to eliminate the inefficiency with the amount of time required to retrieve valuable information from each of the Army’s information systems. With the different systems data feeding into one central point or information system, a type of hub has been created for logisticians, who are the primary users of LIW. The primary function of this system is to have one location for the logistics personnel to retrieve information pertaining to their units, battalions, as well as service wide. Two of the primary features of this system are Army ILAP, and FEDLOG. There are hardware and software requirements for LIW to run effectively. Let’s look at the server-side first. With a minimum of twelve information systems feeding data into LIW, a server farm is required for the support of the multiple networks, file sharing...
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...Penn State University Press Historical Perspective of the Logistics and Supply Chain Management Discipline Author(s): R. Neil Southern Source: Transportation Journal, Vol. 50, No. 1 (Winter 2011), pp. 53-64 Published by: Penn State University Press Stable URL: http://www.jstor.org/stable/10.5325/transportationj.50.1.0053 Accessed: 08-10-2015 12:36 UTC Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use, available at http://www.jstor.org/page/ info/about/policies/terms.jsp JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact support@jstor.org. Penn State University Press is collaborating with JSTOR to digitize, preserve and extend access to Transportation Journal. http://www.jstor.org This content downloaded from 111.68.99.23 on Thu, 08 Oct 2015 12:36:12 UTC All use subject to JSTOR Terms and Conditions Historical Perspective of the Logistics and Supply Chain Management Discipline R. Neil Southern Abstract The purpose of this article is to examine the evolution of the study of business logistics and supply chain management from the perspective of one who has participated firsthand in the discipline in industry and academic positions over the past...
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...ASCM 629 SUPPLY CHAIN LOGISTICS MANAGEMENT MID-TERM EXAMINATION Each essay answer for questions 1 through 10 is worth ten points. Please use a between 150 and 300 words per answer. Your answer may include content from text or readings, conference discussions, or relevant workplace examples. These must not be merely cut-and-pasted from other sources. Please do not contact a UMUC Reference Specialist in developing any answer, as discussed in the syllabus. The answer for question 11 covering the SCM Globe Simulation should be at least 500 words and will take as long as required to discuss and document your learnings during Weeks 1 through 6. This answer is worth 100 points and represents ten percent of your course grade. Please save the examination with answers as a Microsoft Word document under a new filename the includes your last name, section (either 9040 or 9041) and “midterm.” An example is \scheer9040midterm.doc . Please include your name and section number at the heading inside the document. Answers should appear in order, from one through ten. Please make sure you have an answer for each question before submitting it for grading. Completed exams are to be submitted in the mid-term examination assignments folder. These are due before Saturday, March 24, at 11:59 PM ET. Note that your assignments folder is locked after this time and the exam cannot be submitted. The test represents 30 percent of your total class grade, so please spend quality time in preparing answers. I estimate...
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