By SIGTTO, Joey Joe McGuire, Barry White
Liquefied fuel dealing with rules on Ships and in Terminals
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From eastern to middle or western With China’s government focusing on balanced development over all the country, and under the pressure of high labor cost in developed regions, industries have begun to transfer from eastern to middle or western regions (Promoting industrial transfer from eastern to western region in China 2009). Although the infrastructural facilities in the latter regions have been improved in recent years, they are still far behind those in the developed east. For example, the railway density in the middle and western regions is 47 % below the average level in China.
Organizations could, for example, simplify the authorization of orders, and the returning of parts (Pierson 2002). • Use of marketplaces. By using the catalog management of EPS, companies can drive their procurement strategy by taking advantage of external multivendor catalogs. This strategy has been pursued by Bayer and SAP (Raisch 2001). • Other intangible benefits. EPSs also offer other intangible benefits such as process decentralization, improved transparency of process, and improved relationships with suppliers.
Shorter purchasing cycle time. The Internet reduces the time to search for a proper supplier (Bakos 1997). As well, orders placed are instantly received at the supplier, thus lowering purchase time. • Order-cost reduction. It is acknowledged by a number of authors that the Internet provides access to large volumes of information at lower costs. Thus, the use of EPS can help with the lowering of order cost. • Reduced inventory costs. Since EPS reduces the fixed ordering cost, and since lot size is often proportional to the square root of the order cost, the optimal order size will be lower.