Ch.8 Logistics Flashcards

1
Q

Part of SC Mngt that
plan/ implement/ ctrl effective flow & storage of G/S/info btw pts of origin & consumption to meet Cx req.

A

Logistics Mngt

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2
Q

6 Activities in Logistics

A
  1. Transportation
  2. Warehousing
  3. Matl Handling
  4. Packaging
  5. Inventory Mngt
  6. Logistics Info Sys.
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3
Q

4 Challenges & Opportunities of Logistics

A
  1. Info system advance
  2. Globalization markets
  3. Sustainability
  4. Delivery Speed & Reliability
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4
Q

5 Modes of Transportation

A
  1. Highway (Truck)
    73% of total logistics value
  2. Rail
  3. Air
    ↓ weight-to-value ratio
  4. Water
    ↑ weight-to-value ratio
  5. Pipeline

or Multimodal

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5
Q

Direct Truck
vs
LTL
shipping

A

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)

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6
Q

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

A

In-Transit Hld Cost
$365/365=$1/day

Opt A: $80+$1x10
=$90
Opt B: $100+$1x2
=$102

Choose Opt A

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7
Q

A transportation solution that seeks multiple trans modes thru physical/ info/ monetary flows

A

Multimodal Solution
多式聯運

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8
Q

Any operations of store/ repachage/ stage/ sort/ centralize Goods or Matls

A

Warehousing

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9
Q

4 Adv of Warehousing

A
  1. Trans $ ↓
    Consolidation/ Cross-docking/ Hub-n-Spoke
  2. Operation Flexibility ↑
    Postponement Whsing
  3. Cx Lead Time ↓
    Assortment & Spot Stock Whs
  4. Inventory $ ↓
    Inv Pooling & central Safety Stock
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10
Q

3 Forms of Warehousing
to ↓ Trans $

A
  1. Consolidation
    Shipments input
    → 1 Large output
  2. Cross-Docking
    Large input
    → smaller outputs
  3. Hub-&-Spoke
    Hub: convenient sorting/transfer place
    Spoke: routes to destinations
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11
Q

A form of Cross-Docking that incoming shipments are from single source or mfr

A

Break-Bulk Whsing

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12
Q

A Warehousing Form that combines classic warehouse w/ light mfg & pkgg to put off final assembly/ pkgg

A

Postponement Warehousing

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13
Q

2 Approaches to shorten Cx lead time

A
  1. Assortment Whsing
    Hold wide arrays of goods for longer period
  2. Spot Stock Whsing
    Position seasonal goods
    e.g. lawn care/ fashion/ recreation
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14
Q

3 Info System of Logistics

A
  1. Decision Support tools
    Simulation Model &
    Optimization Model

    e.g. cost & travel time est./ # of containers/ locations of whs
  2. Planning Systems
    Select Carrier or develop Delivery Schedule
  3. Execution Systems
    most detailed, monitor systems and identify problems
    e.g. use of RFID
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15
Q

___ involves equipment & procedures to move goods
- within a facility
- btw facility / trans
- btw diff. trans

A

Material Handling System

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16
Q

Goods & Matls packed to facilitate physical/ info/ monetary flows thru SC

A

Packaging

17
Q

Inventory levels of
Trans Modes used
Slower & $ vs
Faster & $$$

in Inv Mngt

A

Slower & $
Inventory level ↑

Faster & $$$
Inventory level ↓

18
Q

3 choices of outsourcing logistics

  1. case-by-case shipments
  2. long-term contractor
  3. handle all logistics req.
A
  1. Common Carriers
  2. Contract Carriers
  3. 3rd-Party Log. Prov.
19
Q

A measure of logistics

  • Delivered by requested date
  • Shipped complete
  • Invoieced correctly
  • Undamaged
A

Perfect Order (%)
indicates effectiveness

. (all orders - imperfect orders)
= ——————————-
. all orders

20
Q

A measure of logistics

= Prod Cost
+ Trans + Whs + Hndlg + Custom + …

A

Landed Costs
indicates efficiency

21
Q

An Intermediary Agent btw prod shipping org & actual carrier. (Typically international shipments)

A

Freight Forwarder
貨運代理

22
Q

A complete SC for flow of returns/ repair/ re-mfr/ recycling

A

Reverse Logistics System

23
Q

Why firms use
Reverse Logistics System?

A
  1. Cx Satisfaction
  2. Harvest Matl/Parts
  3. Sustainability req.
24
Q

Challenges of
Reverse Logistics System

A
  1. Flexible ↑ & Cost Efficient ↓
    compare to Forward-based
  2. Forward ≠ Reverse
    separate physical operations
25
Q

A logistics modeling to identify best location for whs, given multiple DD pts of location & importance (e.g. population)

A

Weighted Center of Gravity Method