The instrument has good prospects in schools, transport, supermarkets, logistics and other fields.
Mr Lloyd denies "proper" mining jobs will be replaced by poorly paid ones serving supermarket and logistics companies.
For example, eliminating food packaging and moving to reusable packaging would require huge upheaval in terms of supply chain logistics, supermarket structure, role of brand and marketing professionals and consumer behaviour.
Due to economies of scale in storage and distribution and technological advancements in supply logistics, supermarkets are able to sell processed foods at lower prices, while still maintaining profits [ 88].
In 20 years, Chen and his team grew the company from a single Chinese airline into a complex global conglomerate comprising not only aviation, but also supermarkets, hotels, financial services, logistics, tourism ventures and real estate.
Transportation logistics mean UK supermarkets tend not to stock alphonsos, so you'll need to head to a greengrocer or market and look out for the bright yellow boxes that bear this gorgeous fruit; the pretty labels, and the tissue paper and tinsel poking out of the boxes, mean the fruit comes almost gift-wrapped.
The supermarkets have applied just-in-time management and logistics systems, an approach perfected by Toyota for car assembly.
But Sir C.K. refuses to sell; indeed, he is expanding into re-usable plastic containers to replace cardboard boxes in supermarkets, making GKN into even more of a logistics company.Sir C.K. hates the C word, and seems comfortable with the shape of GKN.
"Being in stock is one of the most important measures supermarkets look at," says Sam Israelit, an expert in retail logistics for Bain & Company, a firm of management consultants.Companies need to offer different service levels for different products, says Mr Israelit.
The supermarket owner is keen to acquire the skills in deliveries and logistics that have been built up by Argos.
