As more and more firms do business globally, transporting goodsfrom one part of the world to another, there has been a surge inpiracy—criminals making off with cargo shipments of all kindsand selling them on the black market. A tractor trailer loaded withelectronics might be stolen from a truck stop; a warehouse with pallets of clothing, food, video games, or other goods is susceptible totheft. Large, sophisticated cargo theft gangs have been identifiedby police in California, Florida, New Jersey, New York, and Texas.However, members of the supply chain can work together to closethe net around would-be thieves, developing stronger relationshipswith each other and law enforcement.411. What steps might manufacturers take to achieve the kind ofchannel cooperation that could reduce or prevent cargo theft?2. How might transportation firms use security measures tobuild trust with customers and strengthen their position inthe marketplace?
Critical Path Method
The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project getting delayed. To determine the time duration of a project, the critical path has to be identified. The critical path method or CPM is used by project managers to evaluate the least amount of time required to finish each task with the least amount of delay.
Cost Analysis
The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer undertakes in purchasing or hiring factor of production or factor services.
Inventory Management
Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.
Project Management
Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective of the client by providing the required product or service within a specified Period of time and ensuring high quality. This can be done by managing all the available resources. In short, it can be defined as an application of knowledge, skills, tools, and techniques to meet the objective of the Project. It is the duty of a Project Manager to achieve the objective of the Project as per the specifications given by the client.
As more and more firms do business globally, transporting goods
from one part of the world to another, there has been a surge in
piracy—criminals making off with cargo shipments of all kinds
and selling them on the black market. A tractor trailer loaded with
electronics might be stolen from a truck stop; a warehouse with pallets of clothing, food, video games, or other goods is susceptible to
theft. Large, sophisticated cargo theft gangs have been identified
by police in California, Florida, New Jersey, New York, and Texas.
However, members of the supply chain can work together to close
the net around would-be thieves, developing stronger relationships
with each other and law enforcement.41
1. What steps might manufacturers take to achieve the kind of
channel cooperation that could reduce or prevent cargo theft?
2. How might transportation firms use security measures to
build trust with customers and strengthen their position in
the marketplace?
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