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Why enterprise risk management is a more effective approach for today's organizations?

why enterprise risk management is a more effective approach for today's organizations.


The success of any organization primarily depends upon how good the management of the organization is Elaborate?

Effective management of any enterprise or activity requires efficient and effective use of all the available resources for the achievement of desired objectives. The resources used include men, machines, material and money. Out of these most important resource is men, which is in turn also affect in a big way how effectively other resources are used jointly. Thus the success of any establishment or enterprise depends heavily on management of its human resources. The human resources in turn form the organization structure of the enterprise. Therefore, management of the organization constitutes the means through which the human resources are put to work. As a result effective management of organization leads to effective utilization of human resources of the enterprise, which in turn plays a major role in success of the complete enterprise.


What is the concept of logistics management?

Concepts of Logistics management are to supply chain which plans, implements and controls the efficient, effective forward and reverse flow and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customer and legal requirements


What are the concepts of logistics management?

Concepts of Logistics management are to supply chain which plans, implements and controls the efficient, effective forward and reverse flow and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customer and legal requirements.


What are the Essential features of operations management?

Operations management is a crucial function for an international logistics company like Global Logistics Alliance. Some essential features of operations management include efficient supply chain coordination, inventory management, quality control, cost optimization, and timely delivery. These elements are essential for ensuring smooth and cost-effective global forwarding network operations and maintaining the reputation and success of companies like Global Logistics Alliance.

Related Questions

Why enterprise risk management is a more effective approach for today's organizations?

why enterprise risk management is a more effective approach for today's organizations.


The success of any organization primarily depends upon how good the management of the organization is Elaborate?

Effective management of any enterprise or activity requires efficient and effective use of all the available resources for the achievement of desired objectives. The resources used include men, machines, material and money. Out of these most important resource is men, which is in turn also affect in a big way how effectively other resources are used jointly. Thus the success of any establishment or enterprise depends heavily on management of its human resources. The human resources in turn form the organization structure of the enterprise. Therefore, management of the organization constitutes the means through which the human resources are put to work. As a result effective management of organization leads to effective utilization of human resources of the enterprise, which in turn plays a major role in success of the complete enterprise.


What is the concept of logistics management?

Concepts of Logistics management are to supply chain which plans, implements and controls the efficient, effective forward and reverse flow and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customer and legal requirements


What are the concepts of logistics management?

Concepts of Logistics management are to supply chain which plans, implements and controls the efficient, effective forward and reverse flow and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customer and legal requirements.


How does effective logistics management contribute to cost savings for a company?

Effective logistics management optimizes transportation, warehousing, and distribution processes, reducing inefficiencies and minimizing operational costs. It streamlines supply chain operations, enhances resource allocation, and ensures timely deliveries, reducing stock-holding expenses and transportation overheads. This results in improved cost-effectiveness and competitive advantage. As an example, Cargo365Cloud, a leading Logistics Management provider in India, offers comprehensive solutions that leverage technology and expertise to drive cost savings through efficient supply chain management.


What has the author Martin Christopher written?

Martin Christopher is an author known for his works in the field of logistics and supply chain management. Some of his popular books include "Logistics and Supply Chain Management" and "Marketing Logistics". He is recognized for his expertise and contributions to the field.


What is the relationship between distribution and logistics?

Distribution and logistics are closely interconnected components of supply chain management. Distribution refers to the process of delivering products from manufacturers to end consumers, while logistics encompasses the planning, execution, and management of the flow of goods, services, and information throughout the supply chain. Effective logistics strategies are essential for optimizing distribution efficiency, ensuring timely delivery, and reducing costs. Thus, successful distribution relies heavily on robust logistics operations.


What is an enterprise wiki and how does it help a business?

An enterprise wiki is optimized for the enterprise environment, serves as a collaboration platform and knowledge management system within any business or organization. Wikis are effective tools for: # project management # customer/client collaboration # documentation # online community # policies, FAQs, guidelines, and best practices


What are the Essential features of operations management?

Operations management is a crucial function for an international logistics company like Global Logistics Alliance. Some essential features of operations management include efficient supply chain coordination, inventory management, quality control, cost optimization, and timely delivery. These elements are essential for ensuring smooth and cost-effective global forwarding network operations and maintaining the reputation and success of companies like Global Logistics Alliance.


How will information technology help logistics integration?

Information technology is essential to the process of logistics in the modern world. Networks can hold all of the necessary information for shipping and scheduling and make it available instantly. Any logistics or supply chain firm cannot run without IT support. There are various IT tools are available for managing logistics process like electronic commerce, bar coding and scanner, warehouse management system,inventory tracking tools and enterprise resource planning etc. Manager needs to understand that information technology is more than just computers. It is also helpful in strategic planning for effective execution of logistics process to satisfy their customers.


What is a difference between freight and logistics?

Freight refers to the physical goods being transported from one place to another, while logistics refers to the management of the flow of goods, including transportation, storage, and distribution. Freight is a component of logistics, which encompasses a broader range of activities to ensure effective movement of goods.


What is transport logistics?

Transport logistics involves the planning, implementation, and management of the movement of goods and services from one location to another. It encompasses various activities, including transportation mode selection, route optimization, scheduling, and inventory management, ensuring that products are delivered efficiently and cost-effectively. Effective transport logistics is crucial for supply chain management, as it helps minimize delays, reduce costs, and improve customer satisfaction. Overall, it plays a vital role in connecting suppliers, manufacturers, and consumers.