Creating the Logistics Vision Nowadays,most companies are familiar with the idea of "mission statement"as an expression of setting a vision for the business.The mission statement seeks to define the pur-pose of the business,its boundaries and its aspirations.It is now common for organizations to have such statement for the business as a whole and for key constituent components.What some companies have found is that there can be significant benefits to defining the lo-gistics vision of the firm. The purpose of the logistics vision statement is to give a clear indication which business intends to build a position of advantage through closer customer relationship.Such state-ment is never easy to construct.There is always the danger that they will publish the ener-getic and encouraging declaration that give everyone a warm feeling but provide no guideline for action. Ideally the logistics vision should be built around the simple issue of"How do we intend to use logistics and supply chain management to create value for our customers?"To realize this idea will necessitate a detailed understanding of how customer value is created and deliv-ered in the market in which the business competes.Value chain analysis will be a fundamen-tal element in this investigation as will the definition of the core competencies and capabilities of the organization.Asking the question"What activities dowe excel in?"and"What is it that differentiates us from our competitors?"is the starting point for creating the logistics vision statement. Earlier,it was suggested that the three words"Better,Faster,Cheaper"summarizes the ways in which logistics vision statement can provide value for customers.The criterion for good logistics vision statement is that it should provide the road map for how these three goals are to be achieved. Questions: What kind of goals can mission statement fail to achieve?()
The writer suggests that companies for the sake of effective product differentiation.
The age of requiring retirement in companies should be raised, and so 1.______
should the age to begin Social Security. First of all, older workers who
remain healthy are valuable workers. Although they may lose some mental 2.______
speed, their accumulate experience more than compensates for the 3.______
loss of quickness. In fact, compared with youngsters, older persons may
take long to make a decision, but it is usually a better one. Many studies 4.______
have shown that the quality of job performance improves with age. Furthermore,
raising the retirement age would prevent from some of the dire economic 5.______
consequences what senior workers face when they are forced to retire before 6.______
they need to Nearly 60 percent of workers in the private sector should
be allowed to continue working with economic reasons. Fortunately, these 7.______
people don’t have to furnish a home, raise children, and pay for educational
expenses. Similarly, raising the age that retirement begins could also mean 8.______
raising the age that Social Security payments begins. As a result, the cost of 9.______
one of our country’s biggest financial burdens will go under. 10.______
According to Scheetz’s statement (Para. 4), companies prefer _____.
The writer says that companies should be able to organize their move without external help.
According to the second paragraph, it is important for companies to
Why are American companies in France less affected by the dollar’s decline?
Different insurance companies charge almost the same prices for insurance policies.
The casual attitude in the US does not mean()no hierarchy in US companies.
Practice 1 ● The graph below shows sales for two companies between 1995-1999.
● Using information from the graph, write a short report describing and comparing the performance of the two companies during this period.
● Write 120-140 words on your Answer Sheet.