Ch.8 Logistics Flashcards
Part of SC Mngt that
plan/ implement/ ctrl effective flow & storage of G/S/info btw pts of origin & consumption to meet Cx req.
Logistics Mngt
6 Activities in Logistics
- Transportation
- Warehousing
- Matl Handling
- Packaging
- Inventory Mngt
- Logistics Info Sys.
4 Challenges & Opportunities of Logistics
- Info system advance
- Globalization markets
- Sustainability
- Delivery Speed & Reliability
5 Modes of Transportation
- Highway (Truck)
73% of total logistics value - Rail
- Air
↓ weight-to-value ratio - Water
↑ weight-to-value ratio - Pipeline
or Multimodal
Direct Truck
vs
LTL
shipping
Direct Truck:
No extra stops/ change truck/ extra cargo
LTL (Less than Truckload):
Smaller shipment combined with other loads
零擔運輸(拼車)
Cost of item = $2,000
Holding cost (H) = $365/yr
Opt A cost $80/10 days
Opt B cost $100/2 days
Calculate and select
In-Transit Hld Cost
$365/365=$1/day
Opt A: $80+$1x10
=$90
Opt B: $100+$1x2
=$102
Choose Opt A
A transportation solution that seeks multiple trans modes thru physical/ info/ monetary flows
Multimodal Solution
多式聯運
Any operations of store/ repachage/ stage/ sort/ centralize Goods or Matls
Warehousing
4 Adv of Warehousing
-
Trans $ ↓
Consolidation/ Cross-docking/ Hub-n-Spoke -
Operation Flexibility ↑
Postponement Whsing -
Cx Lead Time ↓
Assortment & Spot Stock Whs -
Inventory $ ↓
Inv Pooling & central Safety Stock
3 Forms of Warehousing
to ↓ Trans $
-
Consolidation
Shipments input
→ 1 Large output -
Cross-Docking
Large input
→ smaller outputs -
Hub-&-Spoke
Hub: convenient sorting/transfer place
Spoke: routes to destinations
A form of Cross-Docking that incoming shipments are from single source or mfr
Break-Bulk Whsing
A Warehousing Form that combines classic warehouse w/ light mfg & pkgg to put off final assembly/ pkgg
Postponement Warehousing
2 Approaches to shorten Cx lead time
-
Assortment Whsing
Hold wide arrays of goods for longer period -
Spot Stock Whsing
Position seasonal goods
e.g. lawn care/ fashion/ recreation
3 Info System of Logistics
-
Decision Support tools
Simulation Model &
Optimization Model
e.g. cost & travel time est./ # of containers/ locations of whs -
Planning Systems
Select Carrier or develop Delivery Schedule -
Execution Systems
most detailed, monitor systems and identify problems
e.g. use of RFID
___ involves equipment & procedures to move goods
- within a facility
- btw facility / trans
- btw diff. trans
Material Handling System