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Globalisation
Why do I think that there has been such a big increasement in the world GDP? It’s important to have in mind the time frame. We are talking about 50 years timescope. That means that there can be a lot...
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Microsoft as an outsourcing company
It’s interesting the example of Microsoft as a case of outsourcing from IBM. The matter of fact is that IBM never really believed in Personal Computing as an important sector but Microsoft were really...
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Logistics definition
Logistics management is that part of the supply chain management process that plans, implemenets, and controls tehe efficient, effective forward and reverse flow and storage of goods, services and...
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Supply chain
It’s better to use Supply Network. The deffinition comes from: Christopher, M. (1998), Logistics & Supply Chain Management, 2nd ed., Financial Times/Prentice-Hall, London From Supply chain came...
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Price, Value and Cost
By reading Philip Kotler Principles of Marketing, we can extract 3 definitions that can help on this topic: Price: The amount of money charged for a product or service, or the sum of the values that...
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Excel functions translations
You can find below a useful translation of every Excel function from Spanish to German: Spanish German – - ABRIR.ARCHIVO DATEI.ÖFFNEN ABRIRA DÖFFNEN ABS ABS ACOS ARCCOS ACOSH ARCCOSHYP AGREGAR.BARRA...
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Incoterms
Sonia Martín gave us an interesting presentation about Incoterms. First thing is that Incoterms is an abbrevaiation for International Commercial Terms, so it’s related with international...
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RFID and nanotechnology
Today we had a lecture about RFID. We were discussing difficulties that this technology is having to be widely spread. Many things were related with the necessity to attach the chip, the quality of the...
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Hub and spoke policy vs a dense web of connections
This is interesting to think how par cel service can guarantee a 24h delivery to any country in Europe. To do that they usually consolidate everything in one point and then send it to the nearest...
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Distribution Network Design in IKEA
Rosa Ruiz did a very interesting presentation about IKEA: They base their distribution on the followign principles: A global distribution network: Big distribution network Large volumes: Are on the...
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How Famosa distribution network is working
Famosa is a Spanish toys manufacturer. Jorge León did a presentation about this company and how their distribution network is working. Logsitics factors at famosa are: Toys are strongly season...
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Layout
There are different types of layouts. You can download a mindmap containing the different types of layouts, their advantages and inconveniences by clicking here (in Spanish). Below you will find a list...
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