...Trade-off between service and inventory costs Rationalizing safety stock settings within NXP Semiconductors by M.W.H. Roeloffzen Trade-off between service and inventory costs Rationalizing safety stock settings within NXP Semiconductors Graduation Company: NXP Semiconductors SCM Competence Center High Tech Campus – 60 (5.50) Professor Holstlaan 4 P.O. Box 80073 5600 K.A. Eindhoven The Netherlands University Supervisors: Dr. Ir. Leo van der Wegen (UT) Prof. Dr. Ir. Ton de Kok (TU/e) (Dr. Ir. Matthieu van der Heijden (UT)) Company Supervisors: Ir. Sander Kok Ir. Ruud Driesen Ir. Erik van Wachem University of Twente, Enschede Industrial Engineering and Management Science Specialization: Production and Logistic Management Mark W.H. Roeloffzen October 9th, 2007. Summary Summary ----------Context NXP operates in a highly dynamic and globalized semiconductor market. The NXP supply chain control is like it peers in semiconductor business quite complex. To manage the supply chain and to deal with the market characteristics, six so called Business Renewal II objectives were launched as part of the one page strategy. On one hand the BR II objectives target for a lower break-even point and on the other hand it aims for operational excellence. For supply chain management this translates in lower stock targets on one hand and better supply chain performance on the other hand. Because of the existing link between these two objectives, this research will support the inventory...
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...ASSIGNMENT COVER SHEET | | Assignment Title | Building and leading effective teams Managing Parts Trade Sales & Service Sales | | Date: | 18 August 2015 | Name: | Brigette Rowlands | Dealership: | South East Auto BMW | Dealer Principal: | Martin Raven | E-mail Address: | Brigette.lyons1@bmwdealer.co.za | Mobile Number: | 082 437 9042 | Landline: | 011 776 6300 | Facilitator: | Elize Shaw | Table of Contents 1. Executive Summary 4 1.1 Mission & Vision Statement 4 1.2 Company Summary 4 1.3 Management Team South East Auto 5 1.4 Success Stories 5 1.5 My Journey in the Motor Industry 6 1.6 Aftersales at South East Auto 7 1.7 Objective of the Assignment to Improve Parts & Service Profitability 7 1.9 Parts SWOT Analysis 9 2 Parts Department Balance Score Card July 2015 10 3 Sourcing business-to-business Prospects 11 3.1 Telephonic contact 11 3.2 Personal visits 11 3.3 Internet Leads and join automotive groups 11 3.4 Brochures/Flyers...
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...ca/commerce/strategy-strategie/r3.aspx Overview of the Association of Southeast Asian Nations (ASEAN) Updated June 2012 The Canadian Trade Commissioner Service presents a Global Commerce Strategy Priority Market The Association of Southeast Asian Nations (ASEAN) 1 —Brunei Darussalam, Burma, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, and Vietnam—makes up one of the world’s fastest growing economic regions. In December 2008, ASEAN’s Charter came into force, granting ASEAN status as an international legal entity. With an estimated combined gross domestic product (GDP) of $2.1 trillion and a combined population of about 609 million people, ASEAN is a regional economic force that is quickly becoming the free trade hub of Asia. It has concluded free trade agreements with China, India, Japan, Korea, and Australia/New Zealand, has completed a Trade and Investment Framework Arrangement with the United States, and is in the process of pursuing several other trade and investment agreements. The ASEANChina FTA, which came into force in 2010, represents one of the largest free-trade zones in the world, with an estimated 2.0 billion consumers. ASEAN is also pursuing further internal integration with the establishment an Economic Community (target date 2015), which would harmonize trade laws and permit the free movement of goods, services, labour, and capital to create a single market and production base. Today, ASEAN’s growth is being driven by a growing middle class...
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...THE EFFECTS OF FRONTLINERS SERVICE ORIENTATION BEHAVIOURS OF THE DEPARTMENT OF TRADE AND INDUSTRY CAVITE ON CUSTOMERS’ SERVICE EVALUATION: AN ASSESSMENT A Thesis Proposal Presented to the Faculty of the Graduate School Philippine Christian University Dasmariñas, Cavite In Partial Fulfillment Of the Requirements for the Degree in Masters In Business Administration MOJICA, KRISHA MAY S. March 2015 APPROVAL SHEET The thesis entitled “THE EFFECTS OF FRONTLINERS SERVICE ORIENTATION BEHAVIOURS OF THE DEPARTMENT OF TRADE AND INDUSTRY CAVITE ON CUSTOMERS’ SERVICE EVALUATION: AN ASSESSMENT” is prepared and submitted by Mojica, Krisha May S. in partial fulfillment of the requirements for the degree of Master of Business Administration who has been examines and recommended for Oral examination. ___________________ ___________________ Date O’Land C. Nwoke Adviser PANEL OF EXAMINERS Approved by the Committee on Oral Examination with a grade of _________________. ___________________ Chairman ___________________ _________________ Member Member Comprehensive Examination Grade __________ Date Taken _____________ Accepted and approved as partial fulfillment of the requirements for the degree in Master in Business Administration (MBA). __________________ _________________________ Date Dr. Teresita C. Arnaldo Dean, Graduate School ...
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...COURSE TITLE : PRINCIPLES OF MACRO-ECONOMICS COURSE CODE : ECON1020 INSTRUCTOR : DAVID W. NERUBUCHA TASK: Analysis of the effects of monetary policy on Macroeconomics, GDP, Unemployment Inflation and Interest Rates. SUBMITTED BY: EMILY MOKEIRA ID. 641076 Introduction The root word of economics is economy. Economy comes from the Greek oikos - home and nomos - managing. (Dkosopedia, 2006) Economy can be described as the current soundness of financial indicators such as jobs and job growth, economic productivity and output, and can also be measured by a vast range of other factors such as the trade deficit, national debt, GDP, and unemployment rates. Economics primarily focuses on how laws and government policies impact the economy. Much of this looks at taxes specifically and more generally the public finance, which includes the spending and borrowing the government does. In this paper, the effects of the monetary policy on macroeconomics, GDP, unemployment, inflation and interest rates will be discussed. Throughout the paper explanations of how money is created will be given along with discussing what monetary policies combination will achieve the goal of economic growth, low inflation, and a reasonable rate of unemployment, what combination of monetary policies will better accomplish this goal. Monetary policy goals One goal of the Federal Reserve, commonly known as the Fed, is to affect the economic production and employment, both of...
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...• Cognizant 20-20 Insights How Cloud Computing Impacts Trade Finance Executive Summary As worldwide trade gradually recovers, the financial climate enablers remain challenging. Affordability, accessibility and adherence to newer, stricter Basel regulations stand as unabated hurdles in the path to rapid recovery of trade finance.1 According to a survey conducted by International Chamber of Commerce (ICC) in 2010, a total of about 42.9 million transactions were registered, representing a 5.81% increase over 2009 — a slight gain after the previous year’s fall. Technological innovations are bound to play a crucial role in accelerating the recovery process through the streamlining of front-end to back-end processes, enabling trade finance institutions to offer customized, low cost, value-added solutions that meet the requirements of geographically diverse customer segments. This paper discusses a key technological advancement, cloud computing, which is already making inroads at leading trade finance software players. This development enables a bank to build a strong trade finance architecture for maximizing profitability, a goal which starts with making such services more affordable and accessible to customers. Within trade finance and other corporate transaction banking services, financial institutions are moving ahead to reap the benefits from lower-cost private cloud services. These cloud services offer dedicated solutions with rigorous security controls, freeing both banks...
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...E*TRADE FINANCIAL, INC. - 2007 E*TRADE FINANCIAL, INC. - 2007 Case Analysis Submitted by: Pauline Mae L. Naranjo Submitted to: Prof. Lacerona CASE # 3 / MW / 10:30 am – 12:00 nn Case Analysis Submitted by: Pauline Mae L. Naranjo Submitted to: Prof. Lacerona CASE # 3 / MW / 10:30 am – 12:00 nn Time Context: * 1982, E*TRADE is founded as a service bureau by inventor and physicist, Bill Porter. Same year, the company was incorporated in California * 1992, E*TRADE Securities Inc. was born to start online investment services. * 1996, E*TRADE’s demands blasted. * July 1996, The Company was reincorporated in Delaware. * August 1996, E*TRADE went to public. * 1997, Porter appointed Christos Cotsakos as CEO. * 2000, E*TRADE purchased Telebanc Financial and to become known as E*TRADE Financial. * 2001 E*TRADE acquired Online Mortgage originator LoansDirect, and is now known as E*TRADE Mortgage. * 2004, E*TRADE sold substantially all of its assets and liabilities of E*TRADE Access. * Year-end of 2006 E*TRADE had 4705 employees. The revenue increased to $2.4 billion and net income to &629 million. * At present, E*TRADE is active in Germany, Australia, Canada, New Zealand, Denmark, Hong Kong, Japan, Korea, Sweden, and the United Kingdom E*TRADE is in a Process of searching for a new advertising agency to replace the current Goodby, Silverstein & Partners E*TRADE owns and operates over 15,200 Automated Teller Machines E*TRADE...
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...----------------------------------------AUTHORIZED TRANSLATION ------------------------------------------ PRESIDENT OF THE REPUBLIC OF INDONESIA REGULATION OF PRESIDENT OF THE REPUBLIC OF INDONESIA NUMBER : 111 of 2007 CONCERNING AMENDMENT TO REGULATION OF PRESIDENT OF THE REPUBLIC OF INDONESIA NUMBER: 77 of 2007 CONCERNING THE LIST OF BUSINESSES CLOSED AND LIST OF BUSINESSES OPENED WITH RESERVATION IN THE INVESTMENT SECTOR WITH THE MERCY OF THE GOD ALMIGHTY THE PRESIDENT OF THE REPUBLIC OF INDONESIA, Considering: a. That, with the issuance of the Presidential Regulation Number 77 of 2007 concerning the List of Businesses closed and the List of Businesses opened to Investment, constituting the implementation of paragraph (4) of Article 12 and paragraph (1) of Article 13 of the Law Number: 25 of 2007 concerning business Investment, sectors the arrangement opened of closed and with reservation in such Presidential Regulation shall be made clearer in order to prevent -1- any possible misinterpretation from happening; b. that, with respect to point a above, in is necessary Regulation to stipulate an a Presidential to of the 2007 concerning amendment Number 77 Presidential Regulation concerning the List of Businesses Closed and the List of Businesses Opened to Investment; In view of: 1. Paragraph (1) of Article 4 of the Constitution of the Republic of Indonesia of 1945; 2. The Law Number: 25 of 1992 concerning Cooperatives...
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...Deceptive Trade Practices: An Introduction a. What it is b. Who is affected c. The impact on individuals and society d. Solution(s) to the problem: to regulate or not to regulate What are “Deceptive Trade Practices”? Whenever a business or an individual engages in activity that is likely to mislead the public may be considered a “deceptive trade practice”. Deceptive trade practices are prohibited due to the negative effects they have on consumers and the general public. When a person or a firm is involved in a business which misguides the people can be regarded as deceptive trade practice. It is illegal because it has various harmful impacts on the consumers. Federal and state laws prohibit the use of deceptive trade practices. The Uniform Deceptive Trade Practices Act (UDTPA) is an example of federal legislation that regulates deceptive trade practices. All states have adopted some form of the Act in their own statutes. The Federal Trade Commission Actalso governs deceptive trade practices. Not only federal laws but also the state laws disallow any kind of deceptive trade practices. UDTPA or Uniform Deceptive Trade Practices Act can be seen as an instance of federal laws. The act has been adopted by the different states in different forms in their respective statutes. The Federal Commission Act (FCT) also regulates deceptive trade practices. Deceptive trade practice laws cover a very wide range of business aspects, including trade &...
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...Challenges for Developing Countries in International Trade Introduction: Globalization is becoming an irresistibly stream in this age. People believe that globalization will bring tremendous for turn and benefit for them. However, as the deepening of globalization, it has revealed a lot of problem, especially for developing countries. This essay is to discuss challenges faced by developing countries in the context of international trade in the process of globalization. The author wills look into their challenges in international trade of manufacture goods, agriculture products and services. Globalization Globalization is probably the most frequent emerging word in the news today. Concerning about what is globalization, it reminds me of a joke, which is about Princess Diana’s death. In this joke, Princess Diana’s death is claimed to be a symbol of globalization, for the reason that this car accident is highly globalized: it is an English princess with an Egyptian boyfriend crashes in a French tunnel, driving a German car with a Dutch engine, driven by a Belgian who was drunk on Scottish whisky, followed closely by Italian Paparazzi, on Japanese motorcycles; treated by an American doctor, using Brazilian medicines. This is sent to you by an American, using Bill Gates's technology, and you're probably reading this on your computer, that uses Taiwanese chips, and a Korean monitor, assembled by Bangladeshi workers in a Singapore plant, transported by Indian lorry-drivers...
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...information and services does the Web site provide for individuals, small businesses, and large businesses? List these services. The UPS website provides information and services regarding billing, shipping, tracking, and business solution for large and small businesses, and individuals. Services for Individuals are: • My UPS and UPS account – This service has features such as billing information, account summary, address book, etc; and can be maintained online by the customer. • Shipping – The customer can create and start a shipment online, calculate the time and cost for the shipment, schedule pick-ups, and create returns and imports. • Tracking – This feature allows the customer to track packages and freights with services like Quantum view, UPS my choice, Flex global view and Void a shipment. • Freight – Services for freight are Critical Freight, Air Freight, Ocean Freight, LTL (Less then truckload) and Trucking (Full truckload), and UPS Cross border connect. • The website lets customers order supplies online. • UPS Communication via E-mail – The website has features like New product announcements/enhancements, promotions and offers, newsletters, and service updates/ regulatory changes. • Customer service – Customers will be able to contact to the UPS staff via Live chat, phone call, and other online support. They can also connect with UPS on Facebook and Twitter. • Locations – Customers can find various UPS locations on the website. Services for Small...
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...ECF5921 Introduction to International Economics Assignment Question 1 Based on the article and other related readings of your choice, discuss the economic and social factors that have caused individual behavior to shift towards the consumption of unhealthy foods and unhealthy lifestyles. Compare ‘fat taxes’ and other alternatives that can be used address the problem. Which one would you recommend? Why? Answer Based on the article “Stick and carrots”, there are certain factors from economic and social aspects that have caused the individual behavior to shift towards the consumption of unhealthy foods and unhealthy lifestyles. From the economic perspective, the article “stick and carrots” has given the theory of rational consumption theory which states that as individuals incomes grow, the range and volume of commodities each of us will consume is growing meanwhile. Thus, the expenditures on general goods increases alongside the increasing of our incomes. That is one of the reasons that nowadays general individuals may have more chances to gain fat (as food is one of the general consumption) by purchasing more food, especially cheap and tasty junk food. Moreover, the improving of technology within the food proceeding may also resulted in a fall in the price of food, as well as the availability of a wide variety of cheap foods. Other than just buying more food as the income effect itself, individuals also tend to substitute away from consuming relatively high-priced...
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...BUSINESS MANAGEMENT LESSON 9: WORLD TRADE ORGANIZATION What is the World Trade Organization? Born in 1995, but not so Young Simply put: the World Trade Organization (WTO) deals with the rules of trade between nations at a global or near-global level. But there is more to it than that. 1.The WTO began life on 1 January 1995, but its trading system is half a century older. Since 1948, the General Agreement on Tariffs and Trade (GATT) had provided the rules for the system. (The second WTO ministerial meeting, held in Geneva in May 1998, included a celebration of the 50th anniversary of the system. Is it a bird, is it a plane? There are a number of ways of Looking at the WTO. It’s an organization for liberalizing trade. It’s a forum for governments to negotiate trade agreements. It’s a place for them to settle trade disputes. It operates a system of trade rules. (But it’s not Superman, just in case anyone thought it could solve- or causeall the world’s problems!) Above all, it’s a negotiating forum … Essentially, the WTO is a place where member governments go, to try to sort out the trade problems they face with each other. The first step is to talk. The WTO was born out of negotiations, and everything the WTO does is the result of negotiations. The bulk of the WTO’s current work comes from the 1986–94 negotiations called the Uruguay Round and earlier negotiations under the General Agreement on Tariffs and Trade (GATT). The WTO is currently the host...
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...International Trade International Trade Learning Team C November 15, 2010 ECO/212 Nancy Irizarry INTERNATIONAL TRADE International trade is very important to a global economy. When countries can trade products and services that they produce with other nations without obstacles, it creates a robust economy for those exporting and importing their products and services. However, there has to be a balance between the nations to prevent protectionism, isolationism and high tariffs on imports, which can lead to trade wars. The debate over free trade and tariffs is a very complicated process as evident with the creation of the World Trade Organization (WTO). “The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. The goal is to help producers of goods and services, exporters, and importers conduct their business” (WTO, 2010, p.1) Free trade has its advantages and disadvantages. The advantages and disadvantages depends on the frame of thought regarding trade. Within the simulation for international trade, one such advantage was the ability of a country to have a comparative advantage over another . When speaking in terms of a comparative advantage, its referring to a nations ability to produce a product or service at a lower price than another nation. Producing a product or service at a lower cost is the foundation of international trade. All countries who trade have the comparative...
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...Global Trade DonBosco Hein Kellogg Community College Concept paper 1 Abstract Global trade or international trade is simply the exchange of goods and services all around the world. Global trade involves the export and import of goods and services between countries. Goods and services that enter into a country for sale are called imports and goods and services that goes out of a country is call export. Some countries have an advantage and disadvantage on their goods and services. The exchange rates can effects the value of imports and exports. Comparing China and Russia, China has lower labor cost and they have more people in their country. But 58% of Russia exports is oil and oil based products. If the global trade did not exist, it would do a lot of damage to the today’s economy. The Importance of Global Trade Global trade is very important in the economy because it benefits to all the countries and it also create peace between nations. Global trade is simply the exchange of goods and services between countries around the world. No one knows when did global trade started but many countries have been exchanging goods for hundreds of years. Global trade involves the export and import of goods and services across the international boundaries. Goods and services that enter into a country from another country for sale are called imports and goods and services that goes out of a country to another country are called exports. Dating back to about three thousand years...
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