ML0010 –Warehousing and Supply Chain Management

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ASSIGNMENT

DRIVE	SUMMER 2015
PROGRAM	MBADS (SEM 3/SEM 5)  MBAFLEX/ MBAN2 (SEM 3) PGDROMN (SEM 1)
SUBJECT CODE & NAME	ML0010 –Warehousing and Supply Chain Management
BOOK ID	B1761
CREDIT	4
MARKS	60

Note – Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

1 Explain the various categories of Retail Warehousing.

Answer : The warehouse is the most common type of storage though other forms do exist (e.g., storage tanks, computer server farms). Some warehouses are massive structures that simultaneously support the unloading of numerous in-bound trucks and railroad cars containing suppliers’ products while at the same time loading multiple trucks for shipment to customers.

Below we discuss five types of warehouses:

Private Warehouse

2 “Customer service is a central concern of logistics academics and practitioners”. Explain the statement in the light of priorities and standards of logistics.

Answer : Logistics is the management of the flow of goods between the point of origin and the point of consumption in order to meet some requirements, of customers or corporations. The resources managed in logistics can include physical items, such as food, materials, animals, equipment and liquids, as well as abstract items, such as time, information, particles, and energy. The logistics of physical items usually involves the integration of information flow, material handling, production, packaging, inventory, transportation, warehousing, and often security. The complexity of logistics can be modeled, analyzed, visualized, and optimized by dedicated simulation software. The minimization of the use of resources is a common motivation in logistics for import and export.

Logistics is the process of planning,

3 Explain the role of Third Parties in Increasing the Supply Chain Surplus

Answer : Procurement is the process by which a company obtains raw material components, products, services or other resources of the supplier to implement the operations. Sourcing is the entire set of business processes required to purchase goods and services. For supply chain functions, the most important decision is whether outsourced or in-house. An outsourcing company if the company hired an outside firm to perform the operations in a company. Activities outsourced supply chain based on two questions:

·         Will third-party supply chain surplus increases to increase the activity in-house?

·         To what extent a growing risk of outsourcing

·          

4 How can Information Technology be used in Transport Management?

Answer : Modern information society relies on outsourcing, which lessens the need for staff to be physically present and, in turn, reduces the need for daily travel to and from a fixed workplace. Time and environmental factors are also increasingly prominent, driving demand for transport systems that are adequate, reliable, ecologically friendly and safe. In cities especially, however, prevailing transport infrastructures often cannot be readily modernised due to a host of economic, historical, environmental, political and other restraints. We have to look,

5 Explain the various steps involved in understanding the functional approach to demand forecasting.

Answer : Demand forecast is the cross functional document that is aligned for the incoming period. The Sales forecasting methods should involve all stakeholders, not just sales department. Although the sales can set volume targets, they can be unrealistic in some cases. They can be higher or lower than real demand, due to tactical reasons, but they can also be reflection of wishful thinking than the real demand forecast.

Unrealistic demand forecast can create serious consequences along the organization. If the demand is estimated too high than is real demand, there is a

6 Explain the various factors which influence Network Design Decisions

Answer : Supply chain network design decisions include the location of manufacturing, storage or transportation related facilities and the allocation of capacity and roles to each facility. Supply chain network design decisions are facility role (what role each facility play?), facility location, capacity allocation and market & supply allocation.

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