Risk Management in Logistics Research Proposal Example | Topics and Well Written Essays - 4000 words

Risk Management in Logistics - Research Proposal Example Kathleen DesMarteau (2005) recognizes the following key points as being a component of the risks and logistics management, which function as internal and external risks: This project is to examine risk management in logistics technology as it relates to the business process of the automotive industry with the goal to produce a model for risk management. The project is descriptive in nature. It seeks to quantify the types of risks manufacturing management has experiences and models used to develop resolutions. This will be accomplished using experimental simulation models. The topic of this research proposal is to explore risk management strategies and options for logistics support technology within the automotive industry. Risk management strategy is an important concept that allows a business operating within an industry to explore its research, development, and product release stages to reduce loss in operational and financial capacities. Logistics support technology is important for the automotive industry to maintain supply and meet demand. The automotive industry was chosen for this research proposal because it has multiple journals, magazines, corporate financial and stock information as well as strategy easily available to the public. Therefore, this research proposal has three main aims. ... What are the impacts of risk management on the logistics supply technologies within the automotive industry Topic Aims and Objectives The topic of this research proposal is to explore risk management strategies and options for logistics support technology within the automotive industry. Risk management strategy is an important concept that allows a business operating within an industry to explore its research, development, and product release stages to reduce loss in operational and financial capacities. Logistics support technology is important for the automotive industry to maintain supply and meet demand. The automotive industry was chosen for this research proposal because it has multiple journals, magazines, corporate financial and stock information as well as strategy easily available to the public. Therefore, this research proposal has three main aims. The literature review will explore risk management, logistics support technology and the implications of these within the automotive industry. This will allow for a comprehensive look at the overall risk and product strategies employed by the automotive industry in general. The research methodology will have the objective of narrowing risk management strategy based on major manufacturing facilities. This will include international, national, and corporate stakeholder risk management. The second objective of the research is to describe logistics support technology including financial and technological information (as cost and return on investment) based on the major manufacturer's publicized information available from journals and corporate websites. The final objective of the research is to create a standardized model of risk management in logistics support technology using this information.

The Future of Electronic Money ( case 1) Essay Example | Topics and Well Written Essays - 500 words

The Future of Electronic Money ( case 1) - Essay Example There are many viewpoints on whether paper money should be completely eliminated. However, it would seem fair to suggest that paper money will still have a number of uses and it would be impractical to rely completely on electronic forms of money. This is because of the problems that are generally associated with information technology, such as power failures and database overloads, which could cause a break in the system and would therefore necessitate the use of paper money (Khilawala, 2011). It would be foolish to eradicate paper money completely whilst there is still a risk of these things happening. Paper money is also still popular with many. This is for a number of reasons. Firstly, if paper money were to be abolished, the government of that particular country would have to sell assets to ‘soak up the unwanted notes and coins’ (Rogoff, 2002, p2). It would mean a movement from the non-interest holding debt (cash) to interest holding debt (electronic money), which is an unappealing prospect for any government. The public also seem to have an insatiable demand for paper money, with the main reason for this popularity being the anonymity of cash. This is useful for those committing money-based crimes, but also appeals to the innocent as well for a number of different reasons. It has been suggested that when the government is able to identify the holders of cash using DNA techniques, electronic money may then become as popular as paper money (Rogoff, 2002). Conversely, this does mean that electronic money may be more useful for crime-detection. Despite this, there are a number of reasons why paper money is problematic. Governments may print off more paper money in anticipation of certain events as a way of controlling the economy (Jakobsson & Yung, 1996), but if this prediction is wrong then it may cause issues and as a