Total Cost Presentation
It is the common practice to focus on inventory and transportation as the two main network design factors, which are sufficiently broad to include activity...
Logistics Management
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Constraints of DRP
The constraints of DRP are: Inventory planning systems require accurate and coordinated forecasts for each distribution center. The forecast is necessary to direct the flow...
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Network Design
•Network design is the prime responsibility of logistics managers since a firm’ facilities and structure is used to provide products and materials to the customers....
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Assumptions of Data Collection
Assumptions definition and review build on the situation analysis, project objectives, constraints and measurements standards. For planning purposes, the assumption defines the key operating characteristics,...
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Elements of Project Plan Assumption Categories
The elements of assumption categories are as follows BUSINESS ASSUMPTIONS 1. Scope: Definition of business units and product lines to be included Alternatives: Range...
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Product Requirements
•Applying Pareto’s principle, firm’s 20% of all products marketed account for more than 80% of total profits. •Offer high availability and consistent delivery on more...
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Choice of Mode
•Factors influencing the choice of mode are as under: -Bulkiness of the materials; heavy items would be shipped by ocean going vessels. -Value of materials;...
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Fixed Variance Grouping
Fixed Variance Grouping: This is the most useful for identifying the logistics cost implications of current or alternative operating practices. This method of formatting consists...
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Obsolescence and deterioration
Obsolescence and deterioration In most inventory operations, a certain percentage of the stock spoils, is damaged, is pilfered, or eventually becomes obsolete. A certain number...
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Channel Integration-PCM
•Packaging, Containerization, and Material handling represent integral parts of the logistical operating system; as all three areas influence each other. •For instance, automated handling cannot...
