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Description
SESSION | APRIL 2024 |
PROGRAM | BACHELOR OF BUSINESS ADMINISTRATION (BBA) |
SEMESTER | V |
COURSE CODE & NAME | DBB3122 – LOGISTICS MANAGEMENT |
Assignment Set – 1
- What is the concept of integrated logistics management? Distinguished between Logistics Management and Supply Chain Management.
Ans 1.
Integrated Logistics Management
Providing a more efficient way of reducing costs in a company, integrated logistics management is a strategy used to ensure the efficient flow of goods, information, and resources from the point of origin to the consumption end. It includes merging of various logistics functions such as transport, warehousing, inventory management, order processing and packaging. The goal is to streamline business operations and allow staff in different divisions to cooperate with each other efficiently, enabling improved customer service and a competitive edge. With an efficient end-to-end view process as opposed to Point Silos, the solutions provided by these logistics industry leaders
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- Explain the concept of material handling in brief. Mention the principles on which a good material storage system is based.
Ans 2.
Concept of Material Handling
Material handling refers to the movement, protection, storage, and control of materials and products throughout manufacturing, warehousing, distribution, consumption, and disposal. It involves a wide range of manual, semi-automated, or automated equipment and systems that support the logistics and make the supply chain work efficiently. The primary goal of material handling is to minimize the cost of handling goods while maximizing productivity and improving
- What is the framework for supply chain solution? Explain with the help of SCOR model. Also list the different objectives of inventory management.
Ans 3.
Framework for Supply Chain Solution: SCOR Model
The Supply Chain Operations Reference (SCOR) model provides a comprehensive framework for evaluating and improving supply chain performance. Developed by the Supply Chain Council, the SCOR model is designed to address the complexities of supply chain management by offering a standard for business processes and metrics that help organizations improve their supply chain operations.
SCOR Model Components:
- Process Modeling: The SCOR model categorizes supply chain activities into six primary management processes: Plan, Source,
Assignment Set – 2
- Explain the concept of warehousing. List the four types of store layout. Also, elaborate the 3 P’s of packaging.
Ans 4.
Concept of Warehousing
Warehousing refers to the process of storing physical goods before they are sold or further distributed. Warehouses are critical hubs in the supply chain, providing a centralized location for receiving, storing, and distributing products as efficiently and safely as possible. Effective warehousing ensures that products are available when and where consumers demand them, which is vital for maintaining the flow of goods and managing supply and demand cycles. Warehouses not only store products but also play a pivotal role in value-added services like product mixing, packaging and repackaging, assembly operations, and quality control. They provide
- What do you mean by freight management? What are the factors affecting freight management? And list the principles of designing logistics information system?
Ans 5.
Freight Management
Freight management refers to the strategic process of organizing, coordinating, and overseeing the movement of goods from one place to another. It involves various tasks such as selecting the most effective transportation methods, negotiating contracts with carriers, scheduling shipments, tracking and managing transportation costs, and ensuring timely delivery of goods. Effective freight management helps businesses reduce costs, optimize delivery times, and
- State the requirements of logistics in e-commerce? And what are the issues faced by retail enterprises in outsourcing logistics?
Ans 6.
Requirements of Logistics in E-commerce
Logistics plays a pivotal role in the success of e-commerce by directly affecting customer satisfaction through the efficiency of delivery services. One of the fundamental requirements is efficient warehousing solutions. E-commerce businesses need well-organized and strategically located fulfillment centers that are optimized for quick sorting, packing, and shipping of products. These centers should be capable of handling high volumes of product turnover and be equipped