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....
Logistics Management
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Classification and Codification
•Invariably, a large number of unnecessary items in inventory can be traced to different and misleading nomenclature, faulty numbering and use of trade or brand...
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Alphabetical system
•Alphabets become the basis for allotting the codes. The first alphabet of the name of the material becomes the starting point of codification. •This system...
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Surplus
When the project or product needs a specific quantity of the item, extra leftover cannot be used and this quantity is called surplus. The surplus...
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Explain the Logistical Planning Process
LOGISTICAL PLANNING PROCESS – PLANNING AND DESIGN METHODOLOGY To match the changing environment in the logistics due to the changes in the markets, competitors,...
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Logistical Organization And Development
Prior to the 1950s, functions now accepted as logistics were generally viewed as facilitating or support work. Organizational responsibility for logistics was dispersed throughout the...
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Transport Costs
Transport Costs – Transport can be divided into 3 phases: (i) Delivery to docks, airport or railway station. (ii) Transport from one terminal to another....
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Write a note on Unit Trains
UNIT TRAINS : freight train composed of cars carrying a single type of commodity that are all bound for the same destination. By hauling only...
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Alternative and sensitivity analysis
Alternative and sensitivity analysis results are reviewed to determine recommendations to management. There are four steps in this part of the phase namely: – ...
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Identify data resources
Identify data resources: The process of data collection begins with a feasibility assessment. A fairly detailed specification of data is required to formulate or fit...
