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19.Global Location Considerationsa.Trade Agreements and Policiesb.Nation Competitiveness, Resources, and Infrastructurec.Government Taxes and Incentives (Corporate & Personal)d.Currency Stability20. Sub-Region and State Selection Considerationsa.Environmental Issuesb.Access and Proximity to Marketsc.Right to Work Lawsd.Access to Suppliers21. Community and Site Selection Considerationsa.Local labor and skills availabilityb.Utility availability and costc.Quality of life issuesd.Land availability and cost22. Business Clusters– the geographic concentration of interconnected companies and institutions in a particular field23. Triple Bottom Line– strategya.The firm’s strategy describes how it will create and sustain value for its current shareholders.i.Shareholders – people/organizations that own stockii.Stakeholders – people/organizations who are influenced by the firm’s actionsb.Sustainability: meet value goals but do not compromise the success of future generationsc.Environmentally conscious: meet value goals but don’t compromise global environment24. Green Gas Emissions= D x W x EFa.D = shipment distance (in miles)b.W = shipment weight or unitsc.EF = mode’s specific emissions factor25. Principles of Green Logisticsa.Get the most out of every move. i.Combine freight and adapt packaging to maximize cube utilization. Full moves are green.ii.HEWLETT-PACKARD began selling a laptop packaged in a bag made out of 100% recycled fabric and a few plastic bags for consumers to re-use. This resulted in 97% less
b.Use the most carbon-efficient transport mode. c.Collaborate for gains. i.Find savings through discussions and cooperation with internal departments, suppliers, customers – even competitors.ii.Asset Utilization.