Friday, December 27, 2019

Importance of Logistics - 1875 Words

TL1033: Logistics (Part 1 – Introduction to Theory) Level 1 – Semester 2, Bachelor of Transport and Logistics Management Department of Transport and Logistics Management Assessment 1 131448P â€Å"Leaders win through logistics. Vision, sure. Strategy, yes. But when you go to war, you need to have both toilet paper and bullets at the right place at the right time. In other words, you must win through superior logistics.† - Tom Peters The word logistics was used in warfare where logistics became a pivotal technique to win the game. In that case most of the military logistics literatures of early periods were delivered the tactics and insights to work in complex environments (McGinnis, 1992) where the flow of material and information†¦show more content†¦It was a huge challenge to deliver goods with a low price within one day. For that they outsourced and got specialized and expertized 3rd party logistics services. Currently UPS and FedEx do a great job as performing 3PLs. But still there is a main disadvantage of e-commerce is the speed of disposal of product which does not correspond to the speed of ordering (Lekovic and Milicevic, 2013) and if this key challenge can be overcome by any technology, consumers will totally shift to e-tail as it is entirely similar to retail. Other than cost and time utilities, logistics become an important part in e-commerce in the scope E-fulfillment as it is providing an integrated service with all operations in e-commerce. For an example, logistics activities can be used for marketing while communicating with customer face to face in a website. By that logistics forms links with customers, contributing to customer satisfaction and added value. Also this interaction can be used to build the image of corporation. At the same time, when customers received exact goods they ordered within promised duration and quality, that makes consumer to believe consistently on e-commerce (Elkhateb, 2012). Even though logistics makes customers to retain with e-commerce, as to the statistics from statista.com still there are only 40% of internet users have bought products through e-commerce. It could be due to the challenges that accompanied withShow MoreRelatedThe Importance of Logistics Management3316 Words   |  14 PagesLogistics Management In the Second World War logistics also played an integral role. The allied forces’ invasion of Europe was a highly skilled exercise in logistics, However while the Generals and Field Marshals from the earliest times have understood the critical of logistics, strangely it is only in the recent history that business organizations have come to recognize the vital impact that logistics management can play in gaining a competitive advantage (Christopher 1992). However, we must askRead MoreImportance if Third Party Logistics Essay1860 Words   |  8 PagesExecutive Summary The performance of the logistics system has a major impact on cost structures, revenues, service quality, and competitiveness in Australian industry. Logistics activities have been evolving rapidly in response to changes such as globalization, general industry restructuring, new production processes, and technological advances. Many firms, government agencies and joint industry/government bodies are developing programs to improve logistics performance in Australia. The initiativesRead MoreImportance Of Crm On Today s Supply Chain Logistics Essay1233 Words   |  5 PagesThe Importance of CRM in today’s Supply Chain Logistics Environment Clifford T. Kinnear Embry-Riddle Aeronautical University Aviation Logistics and Supply Chain Management; ASCI 433, Instructor; Professor Hunt Correspondence of this paper should be addressed to Clifford T. Kinnear and Dave Hunt How to contact; kinnearc@my.erau.edu, dave.hunt@erau.edu Abstract The customer should be made an integral part of the supply chain logistics apparatus. Customers demand loyalty and a fairRead MoreLogistics Management And Supply Chain Management1171 Words   |  5 PagesLogistics and Supply Chain Management 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 resultRead MoreLogistics Activities926 Words   |  4 PagesWhat is logistic? Deal with the management of the flow of goods or materials from point of origin to point of consumption, and in some cases even to the point of disposal. Logistics is not confined to manufacturing operations alone. It is relevant to all enterprises, including government institutions such as hospitals and schools, service organization such as retailers, banks and financial service organizations. Logistics is dependent upon natural, human, financial and information resources forRead MoreLogistics and Supply Chain Management1168 Words   |  5 PagesTopic: 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 haveRead MoreCritical Analysis Of A Neural Network759 Words   |  4 Pagescontext of our study: Decision Tree: features importance (Gini impurity factor) – 200 random seeds averaged. Logistic regression: normalized feature importance (beta coefficients) – 200 random seeds averaged. Neural network: Garson’s feature importance. Garson’s algorithm identifies the relative importance of explanatory variables for a single response variable in a supervised neural network by de-constructing the model weights. The relative importance of an independent feature can be determinedRead MoreCurrent Recession and Globalization: Key Transport and Logistics Challenges and Skills1068 Words   |  5 Pagesï » ¿ ESSAY â€Å"The current recession and the globalisation of business organisations has brought with them key transport and logistics challenges. What skills should a transport and logistics graduate have to support these organisations and their activities.† Words: 958 PLAN 1. Introduction 2. What is logistics, how it is changing? 3. Essential skills and comments why they are important 4. Second language geographical knowledge 5. Winanton’s DHL jobRead MoreLogistics Management And Supply Chain Management1125 Words   |  5 Pages Aero Marine Logistics Tomer Dicturel California InterContinental University Aero Marine Logistics Introduction 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 satisfactionRead MoreScope of Logistics Management947 Words   |  4 PagesLogistics management covers every stage of the physical distribution process, from raw materials and component parts being ordered and delivered to the factory, materials handling and storage, stock control, sales forecasting from which the forecasts of individual components parts, transport and storage requirements are derived. Other functions include order processing, the purchasing and replenishment of stock, packing, delivery, achievement of set service levels, warehouse location, fleet

Thursday, December 19, 2019

Essay On Electronic Health Record - 1358 Words

An Electronic Health Record is an electronic version of a patient medical history, that is maintained by the provider over time, and may include key administrative, clinical data relevant to that persons care under a health care provider, including demographics, progress notes, problems, medications, vital signs, past medical history, immunizations, laboratory data and radiology reports (â€Å"Electronic Health Records,† cms.gov, March 26, 2012). In 2009, the Health Information Technology for Economic and Clinical Health (HITECH) Act, to encourage and promote meaningful adoption and use of health information technology by hospitals and health care professionals. Then in 2011 the Center for Medicare and Medicaid Services established the†¦show more content†¦The act also called for the network to be operated by a private, non-profit organization under federal contract (â€Å"History of NOTA,† hrsa.gov, March 14, 2017). In 1984, the United Network for Organ Shari ng was established as a non-profit that runs and maintains the national Organ Procurement and Transplantation Network, contracted through the division of Transportation in the Department of Health and Human Services (HHS). UNOS maintains the national database of recipients that are waiting for a donation of a heart, liver, kidneys, pancreas, lungs, intestines, and or multi-organ transplants. The UNOS organ center responds and maintains patient list requests, recipient status changes, and helps coordinate organ placement 24 hours a day, seven days a week, 365 days a year. The United Network for Organ Sharing cannot operate effectively and efficiently without the help of Organ Procurement Organizations(OPO) that operate across the country. Organ Procurement Organizations must obtain and disseminate timely and accurate donor health information to UNOS to match organ donors and organ recipients as quickly as possible. Organ recipient on the national organ waiting list are highly depende nt on timely access to donor health information. To an organ recipient, timely access to donor health information and complete dissemination of donor health information through the proper organ donation andShow MoreRelatedElectronic Health Records Essay934 Words   |  4 PagesElectronic Health Care Records Electronic health records (EHRs) are an electronic version of a patient’s medical history (Centers for Medicare and Medicaid Services, 2012). The development of EHRs has created a world of opportunity for helping to increase patient involvement, sharing patient data among providers for quality of care improvement and more. However, beginning to use an EHR is no simple task and requires extensive research and planning to find the best options for individual organizationsRead MoreEssay On Electronic Health Record1174 Words   |  5 PagesThe electronic health record (EHR) is a key component of HISs (health information system). While HISs consist of much more, commonly the EHR is the focus of concern. Through the use of HISs, contouring aspects of patient care and proper patient care documentation is required to ensure quality care for every patient as well as providing an evaluation method and quality improvement. While the long-term goal of all medical professionals is standar dized HISs, currently organizations are free to customizeRead MoreEssay On Electronic Health Record1059 Words   |  5 PagesWith the implementation of Electronic Health Record (EHR), Florida MIS Radiology Department will be introducing a variety of health information. Electronic health information is any type of individually identifiable health information in an electronic form. This health information consists of patient demographics like age, ethnicity, location, and etc. They will also contain conditions the patient has and the vital reading taken on each patient. The electronic health information will reside withRead MoreElectronic Health Record Essay1099 Words   |  5 Pagesaffecting an electronic health record (EHR) system is change. A successful switch from paper-based charts to electronic health records (EHRs) in a clinic requires cautious synchronization for the many components. A myriad of perplexing decisions must be made, extending from selection and application to training and updates. Operating new software is typically easier than the interruption and reconfiguring of a practice’s procedures as well as how to handle its existing paper records. Clinician’sRead More Electronic Health Record Essay1295 Words   |  6 Pagesbased medical records, a new type of record keeping has surfaced - the Electronic Health Record (EHR). EHR is an electronic or digital format concept of an individual’s past and present medical history. It is the principle storage place for data and information about the health care services provided to an individual patient. It is maintained by a provider over time and capable of being shared across different healthcare settings by network-connected information systems. Such records may include keyRead MoreElectronic Health Records Essay932 Words   |  4 Pagesstudent will discuss the national mandate of electronic health records (EHR), and how this mandate is being implemented at the Cleveland C linic Foundation. Also discussed are how Cleveland Clinic is progressing to achieve EHR, and what challenges this brings to patient confidentiality and self-determination. 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These records allow information to be readily available to authorized providers during a patient’s encounter with the healthcare system. These systems do not only contain medical histories, current medications and insurance information, they also track patients’ diagnoses, treatment plans, immunization dates, allergies, radiology images and lab tests/results (source). The fundamental aspect ofRead MoreElectronic Health Record Implementation Essay Essay1163 Words   |  5 PagesElectronic Health Record Implementation The purpose of this paper is to discuss the Electronic Health Record (HER) mandate, including its goals and objectives. It will further address how the Affordable Care Act and the Obama Administration connect with the mandate. The plan my facility used to meet the goals of the mandate, as well as what meaningful use is and our status of attaining it will be discussed. In addition, HIPAA laws, the dangers to patient confidentiality, and what my facility hasRead MoreConversion to Electronic Health Records Essay1039 Words   |  5 Pagesexciting time to become part of the health care industry! Medical research makes new discoveries to improve the quality of patient care and save lives on a daily basis. Health care reform is gaining momentum, revolutionizing the industry and requiring many administrative changes, such as the creation of the Health Insurance Portability and Accountability Act of 1996 (HIPAA). Rules and standards evolved from this act provide a way to ensure your protecte d health information remains confidential. In

Wednesday, December 11, 2019

Corporate Governance Ethics and Corporate Social Responsibility

Question: 1) Does the NYMO organization in its course for Corporate Social Responsibility, has Corporate Citizenship obligation to try to preserve the jobs of its workers in their home-country market? (Justify your advice). As part of Johns report to the CEO, give few key arguments in favor and against the need for outsourcing domestic production, and therefore, cutting down jobs at home. 2) Given that the joint venture, has decided to implement a geocentric staffing policy in appointing the ventures CEO, identify the key advantages and disadvantages of each type of international staffing policy. Namely ethnocentric, polycentric and geocentric staffing. 3) What are the risks the Joint venture might have with the contract labor strategy planned to be implemented in rehiring staff laid off in its effort to keep the costs down (reengineer), right after the first signs of recovery from the financial crisis? Can you propose any alternative(s) to the contract labor strategy for the joint venture? 4)How do you judge the senators proposal for the tax incentives offered to attract the NYMOs organization new investment? Would the outlay be proper use of taxpayer money? Why or why not? If you were in Johns position, would you feel comfortable defending your acceptance for the tax incentives if it were to become public? 5) Suppose you were asked to decide the course of action with regards to the announcements of the new governments spokesman? It is up to you to decide on behalf of the NYMOs organization board, a course of action. Can you make an ethical decision that is also a good and profitable business decision? Specifically a) Do you pull out of the country, effectively abandoning your investment and employees? b) Do you publicly and directly confront the leaders of the new government and insist that they owe to respect the rights and interests of all multinationals operating in their soil? c) Do you proceed more discreetly and pursue diplomacy individually, out of the publics eye? d) Do you advise a different course of action? Answer 1: A Corporate Citizenship is the degree to which organizations are socially accountable for meeting economic, legal and ethical liability put on them by shareholders. The goal of Corporate Citizenship for businesses is to build quality of life and higher standards of living in the communities in which they function. In this case NYMO is operating in both New York and in some Latin American country, but its main operating market is shifted to Latin American country and it is fulfilling its Corporate Citizenship obligation for Latin America by providing jobs to the people of Latin America. So we can say that it is performing its Corporate Citizenship responsibility to a large extent (Prasad, 2011).Our advice is that even though NYMO is completing its responsibility in Latin America, it should keep some of its operations in its home country, and fulfill its responsibility for the home country, especially that the new venture may be subject to political/financial crisis. As part of Johns report to the CEO, give few key arguments in favor and against the need for outsourcing domestic production, and therefore, cutting down jobs at home. Arguments in favor of outsourcing domestic production Swiftness and ExpertiseThe workers to which task is outsourced have explicit equipments and industrial skill, many of the times superior than the ones at the company that has outsourced. Efficiently the jobs can be completed quicker and with improved eminence output (Vining Globerman, 1999). Focusing on core process rather than the sustaining ones Outsourcing the sustaining procedures gives the organization additional time to reinforce their core trade procedure.Risk-sharing -one of the most vital issues forming the result of a campaign is risk-analysis. Outsourcing definite constituents of your business procedure helps the company to transfer some accountability to the outsourced vendor. Cheap Operational and staffing costs -Outsourcing avoids the necessity to employ employees in-house; hence staffing and operational costs can be reduced to a great degree. This is one of the major benefits of offshore outsourcing (Lewin Johnson, 2000) Arguments against outsourcing domestic production Risk of divulging secret data -When an association contracts out HR, Recruitment services and Payroll, it engages a danger if revealing secret company information to a third-party. Coordinating the deliverables -In case right partner is not chosen for outsourcing, some of the ordinary difficult areas comprise prolonged delivery time frames, inferior quality output and unsuitable classification of duties. At times it is simple to control these issues within an company rather than with an outsourced partner (Quelin Duhamel, 2003). Hidden costs -Although outsourcing majority of the times is gainful at times the concealed costs concerned in signaling an agreement while signing an agreement across international borders may pretense a serious danger. Answer 2: Ethnocentric staffing advantages The obvious benefit of ethnocentric staffing is the agreement of point of view and interests of the head office with all other overseas subsidiaries. Communication is simpler in ethnocentric staffing as there should be no cultural and language barriers. A company practicing ethnocentric staffing is also capable to move workers with an obvious presentation proof that will offer some level of certainty (Kakabadse Kakabadse, 2002). Ethnocentric staffing disadvantages You can mislay local viewpoint and imminent that local workers can give that may assist overcome exceptional obstacles in each foreign office. Furthermore, appointing emigrants is inclined to be costly contrasted to appointing locally. In addition, a high ratio of deportees may build local hatred at foreign subsidiaries, which may harm self-esteem (Hajduk, 2000). Polycentric staffing advantages It will be better for the employees of the operating country to direct the organization on local market circumstances, laws and culture at every overseas locality. Utilization of home workers gives a point to the organization and the customers that the company is agreeable to give an assurance to the nation. Home workers are also contemptible, no transfer costs and top reimbursement are involved. (Harris, Giunipero, Tomas Hult, 1998). Polycentric staffing disadvantages Depending on locals means there may be a few divide in viewpoint and notices with the home country. Locals may place local attentions on top of the company's big interests (Karnitschnig, 2004). Geocentric Hiring Advantages Geocentric hiring is the practice of keeping the finest people in your company not considering of where they are from. If you have an idol player in your US manufacturing office and your Italy based operations team wants him, you would get him in the geocentric model. The main advantage of this model is that it allocates to use the ability where it is needed the most. (Momme, 2002). Geocentric Hiring Disadvantages When you have a small company, you may not construct the wide worldwide infrastructure that lets you to really influence a geocentric model. The costs of this model may be high compared to the number of companys we have outside. When you start taking employees from abroad, your preparation and transfer costs can go up and you also have the additional difficulty of dealing with immigration related necessities. There is also a risk of weakening the cultures (Wiņºniewska, 2011). Answer 3: Some of the risks involved in contract labor strategy for the joint venture are Many times when workers are on contract they dont have loyalty to the company when contrasted with full time workers. On contract workers have a higher turnover rate. Company also has a risk that on contract worker is probable to find it hard to mix into the company again and may undergo lower morale; also core workers possibly will feel threatened by the attendance of contingent employees. Thus, part time workers who once were permanent employees might have more obscurity in cooperate with each other. Some alternative to the contract labor strategy for the joint venture are Leave of Absence - People are presented a leave of absence with full profits for a meticulous time to help business weather a slump. Although people are promised a job on completion of the leave, it might not be the equivalent job or at the equal pay level (Gilley Rasheed, 2000). Employee Buy-Outs The organization permits employees to acquire the process that was lined up for shutting and set up their own production. Shared Ownership The organization permits employees to trade pay raises or pay slashes in revisit for company stock. Answer 4: We think that senators proposal for the tax incentives was a good proposal, as many developing countries today are using such kind of policies for development of their company. This would be a proper outlay of taxpayer money as they are the ones who would be benefited once the company starts operating (Cooper, 2004). Yes, if I had been in Johns position, I would feel comfortable defending acceptance for the tax incentives if it were to become public as taking tax incentives is not wrong and is profitable for both the operating nation and the company (Biel, 2001). Answer 5: We would take a different course of action (D)., we should have a meeting with the leaders of the Government; we should try to explain them how much we have invested in the Joint venture and might be difficult for the nation to run the company on their own, as we have prior experience in running this energy business. If the government is still not convinced we can ask them for some time in which we will help the company to operate, and if the government at anytime feels that it will be able to handle the company better than us, then it can immediately take all the powers from us. This way we can borrow some time from the government, we can also ask the government to fix a particular percentage of company profit which we can get regularly; we can also advice government to discuss the issue with employees before taking any decision (Caldwell, 2006). References Biel, F. (2001). Promotor. Caldwell, B. (2006, June 24). The new outsourcing partnership. Information Week, pp. 50-60. Cooper, C. (2004). Poll shows support for off shoring tax. CNET News.com. Gilley, K.M., Rasheed, A. (2000). Making More by Doing Less: An Analysis of Outsourcing and its Effects on Firm Performance, Journal of Management, Vol. 26, No. 4, p. 764. Hajduk, A. (2010). Outsourcing. Harris, A., Giunipero, L., Tomas, G., Hult, M. (1998). Impact of Organisational and Contract Flexibility on Outsourcing Contracts, Industrial Marketing Management Karnitschnig, M. (2004). Vaunted German engineers face competition from China. New YorkTimes. Kakabadse, A., Kakabadse, N. (2002). Trends in Outsourcing: Contrasting USA and Europe, European Management Journal (Vol. 20, No. 2, pp. 189). Lewin, J., Johnson, W. (2000). The effects of organisational restructuring on industrial buying behaviour: 1990 and beyond, Journal of Business Industrial Marketing vol. 11 no.6 1996, pp. 93-111. Prasad, R. (2011). The Outsourcing Option, Ebesco Publishing. Momme, J. (2002). Framework for outsourcing manufacturing: strategic and operational implications, 49 pp. 5975. Quelin, B., Duhamel F. (2003). Bringing Together Strategic Outsourcing and Corporate Strategy: Outsourcing Motives and Risks, European Management Journal. Vol. 21, No. 5, p. 652; Vining A., Globerman S. (1999). A Conceptual Framework for Understanding the Outsourcing Decision, European Management Journal. Vol. 17, No. 6, pp. 645654. Wiņºniewska M. (2011). Outsourcing.

Tuesday, December 3, 2019

Influences On Government Essays - Elections, Democracy,

Influences On Government Our governmental system is influenced by a number of "inputs" and factors that shape the outcome of political movements and decisions. These "inputs" include public pinions, political parties, interest groups, and the influence of mass media. They influence our government directly as well as indirectly. Not to mention, that our government also uses these "inputs" for its own benefit. The main issue that forms governmental decisions in a democracy is of course the public opinion. In order to be eligible to run for an office in our governmental system, one must be elected by the people or a representative thereof, and to achieve this task one must listen to and obey the public's opinion. Therefore, the theory of democracy is most purely applied through election on behalf of the public opinion. Another important factor in our system of government are of course our political parties. Parties enable the citizen living in a democratic society to establish a connection to governmental action and lead policy-making to his benefit or liking. Furthermore, a citizen can participate in society quite easily, since 2 party platforms which clearly indicate a parties goals and preferences. However, this democratic ideal does not always prevail. Parties can be influenced or even manipulated by people who contribute great amounts of funds to the party to have their own personal political wishes fulfilled which do not necessarily have to benefit society as a whole (power elite theory). Interest groups account for an additional 'mover' in Washington. This political devise provides a supplement to our citizens broad area of interests. Since the American People can only choose between two main parties. Therefore, certain issues might not come to political debate. Interest groups fill this gap and thus withhold the theory of democracy. Yet, 'Big Business' has also found this devise to help fulfill its political needs. Once again politics is influenced by a small amount of citizens, that own about two thirds of our nations worth. Interest groups have grown more influential over the years and created a pluralistic society, in which people's everyday issues and interests are brought to the attention of our governmental system. However, since there is a rapid growth in interest groups and political action committees, the competition among groups might become so extensive that demands on politicians might be to high and hence, our system would come to a halt or gridlock and nothing would be achieved anymore. Last but not least mass media provide another 'input' to our system of government. The media provide the people with information they need to be able 3 to make sensible political decisions. In formation on election debates current poles help the public to stay in touch with the policy-makers in Washington.