In the last 30 years‚ globalisation has been a significant factor that has brought about a substantial increase in international trade‚ both import and export‚ which in turn has led to a surge in demand for various logistical services including third party logistics (3PL). The objective of this assignment is to explore the following areas: A look at third party logistics (3PL) in the context of the supply chain The development of 3PLs over time Activities and functions outsourced to‚ and performed
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17-9-2013 What is reverse logistics (RL)? How does it differ from forward logistics? Many organizations and individuals have tried to define Reverse Logistics. We refer to the term "reverse logistics" as all activity associated with a product/service after the point of sale‚ the ultimate goal to optimize or make more efficient aftermarket activity‚ thus saving money and environmental resources. Other terms synonymous to Reverse Logistics™ (RL) are Aftermarket Logistics‚ Retrogistics‚ or Aftermarket
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Chapter – VIII GLOBALISATION AND INDIAN SMALL SCALE INDUSTRIAL SECTOR Globalisation means gradual integration of economies through free movement of goods‚ services and capital which has significant impact on the economies of both developed and developing countries. Therefore‚ globalisation refers to a process of growing economic interdependence among different countries of the world. Thus‚ in the globalised era‚ the whole world is changing into a global village in the sense that economic activities
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UNIT 1 GLOBALISATION Unit Structure 1.0 Overview 1.1 Learning Objectives 1.2 Globalisation 1.3 Drivers of Globalisation 1.4 Advantages of Globalisation 1.5 Disadvantages of Globalisation 1.6 Exercises 1.7 Summary 1.8 Suggested Readings 1.0 OVERVIEW Over the last thirty years‚ the environment in which international business operates has become subject to the forces of globalization and increasing world integration. The increase in world trade‚ and its globalisation‚ together with the trans-nationalism
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What is ‘Globalisation’ and is it good for society? Introduction “Globalisation is all those processes by which peoples of the world are incorporated into a single world society.” (Albrow‚ Martin et al.‚ 1990.) Globalisation has many aspects but its main goal is the expansion of economic‚ social and cultural ties between countries through the spread of the capitalist philosophy. (Biz/ed‚ 2007) This essay talks about globalisation and the effect it has had on society. History Though several
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and disadvantages of globalisation The term globalisation has “successfully passed into common currency‚” (Slater‚2009‚pp.373-383) since Levitt first used it in 1983 and has become a worldwide‚ “ phenomenon that has spread across the globe‚ influencing governments‚ businesses and society.” (Slater‚2009‚pp.373-383) Similarly‚ Giddens has pointed out that‚ “globalisation is political‚ technological and cultural as well as economic‚” (1999). The rapid acceleration of globalisation has occurred due to
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Globalisation is a euphemism for neo-colonialism. Discuss. Globalisation is a complex and multifaceted issue (Bayliss 2008:252). However‚ this essay will on the imbalance between western powers and the developing world and consequential exploitation‚ which‚ rather than being condemned as neo-colonialism‚ is justified as globalisation. The end of colonial rule did not mark the end of the trend of economic control and exploitation of the developing world (Manzo 2009:267). The cultural‚ political
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Class Work Task – World Fisheries and Globalisation Planet earth’s population is in excess of 7 billion people. This is only expected to rise with major medical and technological advancements on top of more people being born. Humans need various resources to survive; one of the main ones is food. Fish & Sustainability Fish is a common food item enjoyed by many globally enjoyed in their respective cultural cuisines. It is estimated that there are over 32 000 fish species in the world. They are
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Extended Response – Globalisation By Joel Garbutt Globalisation is a process that has been underway for many centuries‚ indeed it is possible to argue that globalisation began with means of emergence from Africa. In more modern times globalisation has become synonymous with the breakdown between nation states. The removal or breakdown of these barriers has effectively allowed interactions between populations to increase. The world‚ you
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International Logistics Written Assignment Logistics and Supply Chain Management Table of Contents 1.0 Executive Summary 3 2.0 Introduction and Background 4 3.0 Literature Review 5 4.0 Recommendations 8 Reference List 10 1.0 Executive Summary The globalisation of markets has increased customer demand and product differentiation. Higher quality products and shorter delivery times are essential for maintaining customer satisfaction
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