Case Study of Air Cargo-Free-Samples for Students-Myassignmenthelp

Question: Discuss about the Case Study of Air Cargo. Answer: Introduction The purpose of the report is to prepare a case study on the Air cargo in the United Kingdom. The discussion elaborates around the fundamental reasons for success the success of this service. There is a comparison with another successful and an unsuccessful company. The strategies for how the company can maintain its competitive advantage is thoroughly explained. The report concludes with the notion whether this service is suitable for other companies. The notion of sustainability and its relevance to the company is also discussed in the following case study. The Air Cargo plays a significant role in the modern day supply chains. A major amount of the cargo is carried in the belly hold of the aircraft that is located underneath the passenger cabin (Schramm 2012). The Airports provide for a critical link between the air and the surface modes. In the United Kingdom airport, network approximately 2.5 million tons of freight and mail handled in the year 2014. The cargos carry goods of hig h value density. A few factors affect the development of the airfreight volumes in an airport. They are the location, the airport quality, airport marketing, freight forwarders, environmental restrictions and government legislation. Discussion The discussion elaborates on the Fundamental reasons for success, Comparison to another successful and an unsuccessful company, strategies to maintain its competitive advantage, whether this service is suitable for other companies and the notion of sustainability and its relevance to the company. Fundamental reasons for success The company that is responsible for Air cargo in the United Kingdom is the Air and Cargo Services Ltd. This Company is a British privately owned international freight forwarder that was established in 1972. The company at present has eight branches respectively and is located in the United Kingdom. It has around 75 staff members. The Company receives the basis of their global reach due to the quality networks as the G.L.N; Global Logistics Network helps to specialize in the logistics industry that includes the freight forwarders. The A.O.P, the Air Ocean Partners is also a freight-forwarding network with the principle of networking. These two-quality networks provide services to the Air and Cargo Services Ltd., which is the main cause for the success of the Company (www.aircargo.co.uk, 2017). The Company strives to expand and preserve planned alliances with the finest in-class partners. Each of the trading partners of this Company is dedicated to the provision of flexible, multi-moda l and vigorous services at the market competitive rates. The reasons for success is because of the services that are cost valuable, straight or consolidated import and export services on the first flight available or deferred basis (Tang, Atkinson and Zou, 2012). They provide for local service solutions that are either generic or modified that suits the specific transportation needs of the customer. Comparison to another successful company The Air and Cargo Services Ltd. has a wide-ranging portfolio of vigorous and reliable airfreight services that are specifically proposed to suit the every need from airport to airport through door to door. The Air and Cargo Services Ltd. is compared to the Universal Air Express Ltd (UAE), which is also a global freight forwarder, and logistics provider that offers their clients single source contact and control (Universalairexpress.co.uk, 2017). The difference lies in the factor of their capabilities for their passion for the personalized service striving to improve the supply chain solutions for their clients. This Company combines air, ocean, ground transportation and customer brokerage with a focus on the attention to detail and speed of action. The Universal Air Express Ltd. ensures that the perishable cargo arrives on time. The company guarantees that their prices cannot be beaten. They offer the cheapest prices to all the destinations across the globe. The Company is a speciali st in the airfreight industry and is able to negotiate rates that the other freight forwarders are not able to do. The Company is effective to send the goods by air regardless of the weight or size. The charges for the airfreight are based on per kg rather than cu ft., which make it more advantageous in nature. Comparison to an unsuccessful company The Silverjet airways have suspended services due to shortage of funds. The passengers take a two-way journey but the air cargo is carried in only one direction ranging from production to distribution or consumption centers. This leads to an imbalance between the incoming and the outgoing cargo flows. These imbalances results in large variations in the air cargo rates according to the direction of the air traffic (Akhavan, Jafari and Fathian, 2012). The intervention from the government and the environmental impact is also an issue for the failure of this Company. While when an aircraft is grounded the Air and Cargo Services Ltd. to expedite a return to the air has a specialized and dedicated team that is based at the Heathrow facility, which is on call twenty-four hours per day, seven days per week. From the small, localized picking and packing services to full supply chain solutions, they provide generic local service solutions to meet thelogistics needs of their clients. Strategies for the company to maintain its competitive advantage To maintain the competitive advantage of the company a basic financial planning is necessary. There is display of the powerful business strategies but they are seldom formalized. There has to a knowledge about their own cost formation so that they can estimate the impact of the services or the marketing change (Hitt, Ireland and Hoskisson, 2012). The management should confront the long-term implications of decisions and give attention to the potential business impact of the discernible existing trends before the effects are visible in the current income standards. The resource allocation should be both dynamic and creative. There should be new ways to define and satisfy customer needs. There should be strategic business units or organizational entities that can exercise effective control over the factors affecting their business. This concept of Strategic Business unit recognizes two distinct strategic levels that are the corporate decisions, which affect the shape and direction of t he enterprise as a whole, and the various business unit decisions that affect the individual Strategic Business unit operating in its own environment. The strategic management is also necessary to maintain the competitive advantage. This comprises of a planning framework, which cuts across the boundaries of the organization and aids strategic decision making about the customer groups and the resources. The planning process is also required to stimulate entrepreneurial thinking (Hill, Jones and Schilling, 2014). Lastly, a corporate system is necessary to reinforce managers for the commitment to the strategy of the company. The product market planning, business unit planning, shared resource planning, shared concern planning and the corporate level planning are the important steps to be followed to maintain the competitive advantage (Armstrong et al., 2015). There has to be a stress on the competitiveness by focusing on the theme. . The value of the teamwork that leads to the task-ori ented organizational flexibility then the entrepreneurial drive, the commitment to make things take place, open communication and not preservation of confidentiality. There should be a shared belief that this enterprise can create a future of its own without being affected by the environmental change. Being customer centric is also a strategy that may be followed to keep up the competitive advantage. The awareness is how the customer feels at each stage in the process. The company should offer services to more clients. The large number of customers can help to prevent a competitor from gaining access to the market as the customers are already using the service (Huang and Sarigll, 2014). The Company should try to benefit from the overall market growth and grow a share in the respective market. The factor of insurance is also an important reason to maintain the competitive advantage of the Air and Cargo Services Ltd. The insured cargo does not require a deposit before the release at t he destination. All the carriers that operate in the supply chain are under the limited liability. This helps to keep the customers interested and keep on using the services of this Company. Whether suitable for other companies and why Just like many other companies, the air cargo companies also need to follow several methods for their smooth functioning (Wada, Delgado and Pagnoncelli, 2017). A very good example can be the Air and Cargo service ltd. UK. Just as all other companies, the air cargo company also is concerned about the customer satisfaction issue. In this present scenario, the customers have not only increased their demands but also diversified them. They are always in search of easy and faster services. Customers nowadays prefer supply chain visibility. This, in turn, is directly related to customer satisfaction. Therefore, there was the adoption of the visibility mode in each line possible like SMS tracking, the internet etc. Providing due importance on this aspect of customer satisfaction is of utmost importance for attaining success. Apart from this, maintaining the cost side visibility is also of immense importance. This cargo company tries its level best to keep the race of all the expenditures ta king place, of a day sales outstanding metric optimization system so that there is negligible or no chance of any mistakes (Baxter, Kourousis and Wild, 2014). It is also very much important for the company to scale up quickly. Freight Forwarding or FF is a business that is largely dependent on its scale up business (Piecyk and Bjrklund, 2015). As it is an air cargo company, it is very much obvious that there will be some sort of pollutions or harmful emissions due to the various production purposes. Hence, it is very much important for the company to make proper arrangements to deal with such emissions and reduce it by adopting the necessary preventive measures. Methods that are used by this company are green metrics and carbon emission tracker. The company considers making investments in the infrastructure in order to keep it pollution free. Similarly, if other cargo companies like Universal Air Express Ltd., also adopts this measure of investing in the infrastructure then it will be very beneficial for them. This is because they will also be able to control pollution and this will obviously be an added advantage in their attempt of not only keeping the environment clean but also in maintaining the customer satisfaction level (Sharma et al., 2016). Another important factor towards success is that of introspection that is the initial stage of self-judgment and analysis, the company must be able to analyze itself that is examining the status at present in the market. In other words, the company must be able to find out its own position in the present market scenario (May et al., 2014). It is only then when they will be able to understand their strategies that they must be adopted in the near future (Lakew, 2014). Other companies also must apply this initial stage of introspection in order to analyze their own status in the present market scenario. The next step towards success is focusing on the strengths that the company can utilize in order to work over and improve their weakness and threats. Client understanding are also one key area that Air and Cargo Service Ltd. has taken very seriously, they make sure to understand the needs of their clients and cater to them accordingly because they know that every client is different and naturally their demands also will be varying in nature (Lam and Lai, 2015). This method indeed will be very beneficial for any other cargo companies as well because developing and maintaining a good client relationship is of utmost importance. Moreover, the success of a company is largely dependent on its customer base. Hence, the companies must thrive towards fulfilling all the needs and demands of their customers. The next important step towards the success of this company is servicing and marketing, if a cargo company can provide best rates and service along with rates, then no can stop that company from success. Lastly, this company over the years has also developed a good marketing team. This has made the company very popular on a global basis. Any other cargo company must also adopt these methods in order to attain success and recognition in the end, since marketing and advertising is a very crucial part in the success story of any business organization. Concept of Sustainability and its relevance to the Company Sustainability in its real sense means the techniques or the tactics that a company uses for its survival in the end (Ziegler, 2015). It also takes into account the different policies undertaken by an organization for the maintenance the proper environmental balance. Each company in today's scenario must be aware of the different environmental problems that might occur due to any harmful chemicals that might be released during any of their activities. Sustainability is also one of the main priorities of the cargo companies on a global basis. The company must check the emission of any harmful chemicals into the atmosphere; it must also check the usage of carbon and nitrogen oxides and must start adopting eco-friendly fuels and diesel. Conclusion Thereby, this report is elaborated on the case study of the Air Cargo in the United Kingdom. The discussion elaborates around the fundamental reasons for success the success of this service. There is a comparison with another successful and an unsuccessful company. The strategies for how the company can maintain its competitive advantage is thoroughly explained. The report concludes with the notion whether this service is suitable for other companies. The notion of sustainability and its relevance to the company is also discussed in the following case study. The Air Cargo plays a significant role in the modern day supply chains. References Akhavan, P., Jafari, M. and Fathian, M., 2012. Exploring the failure factors of implementing knowledge management system in the organizations. Armstrong, G., Kotler, P., Harker, M. and Brennan, R., 2015.Marketing: an introduction. Pearson Education. Baxter, G., Kourousis, K. and Wild, G., 2014. Fire Resistant Aircraft Unit Load Devices and Fire Containment Covers: A New Development in the Global Air Cargo Industry.Journal of Aerospace Technology and Management,6(2), pp.202-209. Hill, C.W., Jones, G.R. and Schilling, M.A., 2014.Strategic management: theory: an integrated approach. Cengage Learning. Hitt, M.A., Ireland, R.D. and Hoskisson, R.E., 2012.Strategic management cases: competitiveness and globalization. Cengage Learning. Huang, R. and Sarigll, E., 2014. How brand awareness relates to market outcome, brand equity, and the marketing mix. InFashion Branding and Consumer Behaviors(pp. 113-132). Springer New York. Lakew, P.A., 2014. Economies of traffic density and scale in the integrated air cargo industry: The cost structures of FedEx Express and UPS Airlines.Journal of Air Transport Management,35, pp.29-38. Lam, J.S.L. and Lai, K.H., 2015. Developing environmental sustainability by ANP-QFD approach: the case of shipping operations.Journal of cleaner production,105, pp.275-284. Lam, J.S.L. and Lai, K.H., 2015. Developing environmental sustainability by ANP-QFD approach: the case of shipping operations.Journal of cleaner production,105, pp.275-284. May, A., Anslow, A., Wu, Y., Ojiako, U., Chipulu, M. and Marshall, A., 2014. Prioritisation of performance indicators in air cargo demand management: an insight from industry.Supply Chain Management: An International Journal,19(1), pp.108-113. May, A., Anslow, A., Wu, Y., Ojiako, U., Chipulu, M. and Marshall, A., 2014. Prioritisation of performance indicators in air cargo demand management: an insight from industry.Supply Chain Management: An International Journal,19(1), pp.108-113. Piecyk, M.I. and Bjrklund, M., 2015. Logistics service providers and corporate social responsibility: sustainability reporting in the logistics industry.International Journal of Physical Distribution Logistics Management,45(5), pp.459-485. Schramm, H.J., 2012. Introduction. InFreight Forwarder's Intermediary Role in Multimodal Transport Chains(pp. 1-12). Physica-Verlag HD. Sharma, S., Malik, J., Wilson, S., Sehgal, M., Kumar, S., Zia, H., Mohan, I. and Kumar, A., 2016. Measures to Control Air Pollution in Urban Centres of India.TERI Policy Brief, pp.1-20. Tang, L.C., Atkinson, B. and Zou, R.R., 2012. An entropy-based SWOT evaluation process of critical success factors for international market entry: A case study of a medium-sized consulting company.Construction Management and Economics,30(10), pp.821-834. Universalairexpress.co.uk (2017).Universal Air Express | Fast Cargo around the world. [online] Universalairexpress.co.uk. Available at: https://www.universalairexpress.co.uk/controller.php?action=Page_Home [Accessed 19 Aug. 2017]. Wada, M., Delgado, F. and Pagnoncelli, B.K., 2017. A risk averse approach to the capacity allocation problem in the airline cargo industry.Journal of the Operational Research Society,68(6), pp.643-651. Ziegler, T., 2015. Reducing Diesel Emissions, Improving Air Quality, and Promoting Environmental Justice in Southwest Detroit. www.aircargo.co.uk (2017).Air Cargo Services Ltd.. [online] Aircargo.co.uk. Available at: https://www.aircargo.co.uk/ [Accessed 19 Aug. 2017].

Portfolio Management And Diversification Essays - Finance, Money

Portfolio Management And Diversification PORTFOLIO MANAGEMENT AND DIVERSIFICATION Introduction: Portfolio management is a conglomeration of securities as whole, rather than unrelated individual holdings. Portfolio management stresses the selection of securities for inclusion in the portfolio based on that securitys contribution to the portfolio as a whole. This purposes that there some synergy or some interaction among the securities results in the total portfolio effect being something more than the sum of its parts. When the securities are combined in a portfolio, the return on the portfolio will be an average of the returns of the securities in the portfolio. For example, if a portfolio was comprised on equal positions in two securities, whose returns are 15% and 20%, the return on the portfolio, will the average of the returns of the two securities in the portfolio, or 17.5%. From this we will discuss the process of creating a diversified portfolio. The diversified portfolio is a theory of investing that reduces the risk of losing all your money when all your eggs are not i n one basket. Diversification limits your risk an over the long run, can improve your total returns. This is achieved by putting assets in several categories of investments. Portfolio Process: The portfolio process is as follows: 1. Designing an investment objective; 2. Developing and implementing an asset mix; 3. Monitoring the economy and the markets; 4. Adjusting the portfolio and measuring the performance Due to the intensity of each of the four items, we will be covering only the first two. 1. Investment Objective: This topic is broad and contains three major divisions. They are foundation objectives, constraints and major objectives. Foundation Objectives: These objectives generally receive the most attention from investors and are determined by thorough determination of your needs, preferences and resources. Return you need to determine whether you prefer a strategy of return maximization, where assets are invested to make the greatest return possible while staying within the risk tolerance level, or whether a required minimum return with certainty is preferable, generating only as much return with emphasis on risk reduction. Risk There are many ways to assess the risk tolerance of any particular investor, from the least knowledgeable of investments to the very sophisticated investor. Besides the risk you are willing to take, there must be a measure of the risk associated with each security be considered for the inclusion in the portfolio. It is important to recognize the difference between the risk of an individual security and the risk of the portfolio as a whole. The risk of a portfolio is less than the average risk of its holdings, your risk tolerance should be matched to the risk of the overall portfolio and not to the risk of each security. Inflation Although some degree of inflation protection is needed, the extent will vary depending upon the time horizon and the goal of using the portfolio to generate income for future cash consideration. Whereas, someone using a short term trading strategy and interested in maximization of capital gains may concentrate less on this factor. Time Horizon - The time horizon is the period of time from the present until the next major change in your circumstances. A good portfolio design will reflect this time change. For example at 25 years of age and normal retirement at age 60 does not necessarily mean the time horizon is 35 years. Different events in your life can represent the end of one time horizon and the beginning of a new time horizon and a need for a complete rebalancing of your portfolio. These events could include finishing university, purchase of a new home and many others beside retirement. Liquidity - In portfolio management this is the amount of cash and near-cash in the portfolio. For liquidity purposes, if you are wealthy and risk tolerant you may choice to have about 5% of your portfolio in cash, this does mean that the cash component will never rise above 5% due to the market cycle. Whereas those who are risk adverse may choice to have 10% or more in cash. Taxation - The level of taxation will determine the choices that are made in regards to the choice of tax advantaged securities such as some limited partnerships

The Concept of Hinduism Religion

The Story Of An Hour Essays - Smoking In The United States, Smoking

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Product Launch Essay Example | Topics and Well Written Essays - 1000 words

Product Launch - Essay Example American Goods Wholesale Club (AGW) is a service provider and also carries actual products. Our company will tap into the market of patriotic American consumers whiles promoting products that already exist for both local consumption and export. AGW Club will provide a platform for manufacturers to display and promote their products while servicing its members with their needs. Manufacturers determine their prices but will be at a discounted rate compared to how much they will sell it to other retailers. Product owners will be paid when the product is sold. The marketing mix offers a very competitive pricing for AGW Club members, a solid medium for manufacturers and very low to no inventory cost for the company. AGW Club is situated in Virginia, United States of America. The club has also planned to expand the company in other states in the future with enhanced growth and prosperity. Moreover, the club also has an online store for providing services to members of the club across Ameri ca in a more efficient manner. Product Description AGW Club also facilitates in promoting products manufactured in America and in marketing those products to its members. Moreover, AGW Club acts as a medium for manufactures and the products are offered to the members of the club in accordance with their requirements and preferences. The products are procured from manufacturers at a discounted rate in comparison to price determined by manufacturers for offering those goods to local retailers. Contextually, it has been aimed to conduct a product launch in the emerging market of China with the motive of improving the international market exposure of made-in-America products and to enhance profitability of the club. The developing economy in China will assist the club in performing its business operations in an effective manner. Product Positioning Product positioning is the strategy of offering the products to customers in the market segments in an appropriate manner. The American Good s Wholesale Club (AGW) is required to determine the appropriate market segments where the products of the club will be mostly in demand as well as will be consumed in the market of China. The product positioning strategy will also enable the club to provide their products in the market successfully. The products which are to be provided in the market of China should be differentiated from products which are offered by competitors. The club should provide quality products which are mostly in demand by Chinese consumers due to the changes in buying behavior primarily owing to the developing economy of China as well as due to the advancement of technology. Moreover, the club is required to follow a differentiation strategy with the motive of meeting the requirements of Chinese markets as well as to perform business operations in a competitive manner. The differentiation strategy will enable the products of the club to be differentiated form the competitors as along with facilitating it to obtain loyalty of consumers. Contextually, distinct product features and unique selling proposition of the offerings need to be identified by the club in order to highlight that distinctiveness appropriately. The positioning strategy of the club needs to be maintained thoroughly and it needs to be ascertained that positioning of the

Interpreting Financial Statements Essay Example | Topics and Well Written Essays - 1500 words

Interpreting Financial Statements - Essay Example The number of days in inventory for Pepsico is 40 days whereas it is 64 days for Coca – Cola. It is evident that Pepsico is more effective in converting its inventory into sale and hence has a better liquidity position in terms of the revenue generated. Both the companies have almost equally geared in terms of debt. The debt to total assets ratio is an indication of the company’s long term growth capacity and its ability to generate more capital through debts. Both Coca – Cola and Pepsico have significant interest coverage, as the earnings are almost 33 times the interest expenses. Hence it is evident that the companies will not face any issues in covering the interest expenses. The cash debt coverage is a measure of the ability of the company to cover its debts with the liquid cash in hand generated from the operations. Though both the firms have a significant value, Pepsico is able to generate higher cash from its operations and hence can manage about 57% of its debts with the cash from operations. The free cash flow, as the name indicates, is measured in million USD and is found that in 2004, Coca – Cola has a free cash of $ 5,213 million whereas Pepsico has about $ 3,667 million. It is evident that Coca – Cola has significantly higher free cash compared to that of Pepsico. It is clear from the values that Coca – Cola is able to convert 22% of its revenue as earnings or profit, whereas Pepsico converts only 14% of its revenue into income. Hence the profitability of Coca – Cola is comparatively much higher than that of Pepsico. This is the percentage of revenue after all the expenses, interests and taxes that is available to the shareholders and to the company. The Asset Turnover rate determines the ability of the company to effectively utilize its assets to generate revenue. It is important to note that a company generating high revenues may not actually be effective if its utilizing much

Evaluating the supervisors skills in high schools in the state of Essay

Evaluating the supervisors skills in high schools in the state of Kuwait - Essay Example The educational system is, and needs to be a system that is based on an informed open door policy. This in turn is based on achieving a balance between the dimension of maintenance and adaptation, and hence is able to achieve responsible and informed stability, growth and development (Albakr, 2001). Technical supervision may be considered an important means of developing education. It not only raises the professional competency of teachers, but it also helps to ensure continuous growth. It is also important for solving problems that crop up in a teaching situation. as one of the main components in the education-learning situation, problem solving takes place when required educational experiences are provided, and information about these experiences are spread across the board, educational research is undertaken and used in organizing courses, and providing the facilities required by teachers. (Fiver and Don lab, 1997). At present, there are no legal guidelines that may be used by a court to determine whether supervisors have the skills to support teachers in Kuwaiti schools. This research study was proposed as a means of evaluating the skills of supervisors across three dimensions of teaching. These are, Methods of Teaching and Learning, Communication Skills and Tutorial Skills as defined by the ministry of education in the State of Kuwait. Silver and Kilpatrick (1994) have pointed out that the goals of educational research tend to reflect the diversity and complexity of its subjects of inquiry. At a basic level, the goal of research is to produce new knowledge and reaffirm already established units of knowledge. In a field that is still in the process of defining itself, this knowledge provides an important base for progress. This is very true of Education as a field of study. How one characterizes such progress,