CHAPTER 3

Question 1

• Expertise of management

Answer 1

Contract Warehouse

Question 2

• Provides market presence to the product owner

Answer 2

Private Warehouse

Question 3

provided for perishables against payment of a storage charge for the space utilized by different parties

Answer 3

cold storage

Question 4

FUNCTION OF WAREHOUSE

Answer 4

RECEIVING GOODS, IDENTIFYING GOODS, INCOMING GOODS, DISPATCHING GOODS TO STORAGE, HOLDING GOODS, RETRIEVING SELECTING/PACKING GOODS, MARSHALLING GOODS, DISPATCHING GOODS, PREPARING RECORDS AND ADVICES

Question 5

This step is sometimes interpreted as “straighten” or “streamline.

Answer 5

set

Question 6

The appropriate stock keeping units are identified and a record made of the number of each item received

Answer 6

Identifying Goods:

Question 7

The final step to any successful organization methodology

Answer 7

sustain

Question 8

involves proper management for preserving goods from the time of their production or purchase till actual use

Answer 8

Storage

Question 9

5S FOR YOUR WAREHOUSE

Answer 9

SORT, SET, SHINE,STANDARDIZED, SUSTAIN

Question 10

• Long term relationship and customized service

Answer 10

Contract Warehouse

Question 11

These warehouses are meant for storing agricultural produce grown in a certain area and are located in assembling or regulated markets.

Answer 11

agricultural warehouses

Question 12

• Significant scale economies, several users and resultant volume, benefits in transportation costs

Answer 12

Public Warehouse

Question 13

The _________ are sorted out for appropriate storage area in the warehouse.

Answer 13

incoming goods

Question 14

• As warehousing is their core business _________ offer expertise in management

Answer 14

Public Warehouse

Question 15

• These warehouses are owned, managed and controlled by central or state governments or public corporations or local authorities. Food Corporation are examples of agencies maintaining government warehouses.

Answer 15

Government Warehouse

Question 16

• Owned or leased by the product owner

Answer 16

Private Warehouse

Question 17

those which are managed by a public warehousing agency in the premises of a factory or company which needs the facility for borrowing form a bank against the certification of goods in storage or in process by an independent professional warehouseman.

Answer 17

field warehouses

Question 18

an act of storing and assorting the finished goods so as to create maximum time utility at minimum cost”

Answer 18

Warehousing and Storage

Question 19

• Available to companies on hire

Answer 19

Public Warehouse

Question 20

the goods are kept in storage under proper protection until needed in the warehouse.

Answer 20

holding goods

Question 21

A warehouse accepts the merchandise delivered by a transporter or an attached factory and then accepts the responsibility for the merchandise

Answer 21

Receiving Goods

Question 22

• Flexibility of location

Answer 22

Public Warehouse

Question 23

• Overheads get distributed over a large customer base

Answer 23

Public Warehouse

Question 24

operators take over logistics responsibility from manufacturing company.

Answer 24

Contract Warehouse

Question 25

The consolidated order is packaged suitably and directed to the right transport vehicle. The necessary shipping and accounting documents are also prepared.

Answer 25

dispatching goods

Question 26

TYPE OF WAREHOUSES

Answer 26

BONDED WAREHOUSES, FIELD WAREHOUSES, COLD STORAGE, AGRICULTURAL WAREHOUSES, DISTRIBUTION WAREHOUSES, BUFFER (SAFEGUARD) STORAGE WAREHOUSES, EXPORT AND IMPORT WAREHOUSES

Question 27

: the number of orders received, the items received and on hand etc., are recorded for replenishment action and stock control, and the demand and receipt data are forwarded to a control centre located elsewhere.

Answer 27

preparing record and advices

Question 28

avoid constantly changing system; is the hallmark of the Lean methodology; Labels that have all the information needed for any container or product in the warehouse will greatly increase efficiency. Eliminating waste is another Lean warehouse tenet - standard labels should get rid of wasteful or unnecessary information or clutter

Answer 28

standardize

Question 29

These warehouses are located close to the manufacturing concerns or consuming areas and time taken for transit.

Answer 29

distribution warehouses

Question 30

* There is no profit to be added to the cost

Answer 30

Private Warehouse

Question 31

The goods are kept aside when they can be found later, when needed.

Answer 31

dispatching goods to storage

Question 32

These warehouses are located near the ports from where international trade is undertaken. They provide transit storage facilities for break - bulk, packaging, inspection, marking etc., are available at these warehouses.

Answer 32

export and import warehouses

Question 33

Warehouses suffer when they consider cleanliness of the warehouse an expendable element, whereas clean warehouses free up space to be more productive - and profitable. It's not surprising that a clean workspace operates better, but it is surprising how many warehouses skip this crucial step.

Answer 33

shine

Question 34

items ordered by customers are taken out from storage and grouped in a manner useful for the next step.

Answer 34

retrieving selecting or packing goods

Question 35

The several items making up a single order are brought together and checked for completeness and order records are prepared or modified.

Answer 35

marshalling goods

Question 36

Private and Public warehouses can be bonded under the customs and Excise Act and Municipal Corporation regulations, facilitating deferred payment of customs.

Answer 36

bonded warehouses

Question 37

* Shared resources with several clients

Answer 37

Contract Warehouse

Question 38

WAREHOUSE ALTERNATIVE

Answer 38

PRIVATE WAREHOUSE, PUBLIC WAREHOUSE, CONTRACT WAREHOUSE, GOVERNMENT WAREHOUSE

Question 39

CONCEPT OF WAREHOUSING

Answer 39

LOADING AND UNLOADING ZNE, RECEPTION ZONE, STORAGE ZONE, PICKING AND SORTING ZONE, SHIPPING ZONE

Question 40

* Changes can be made to integrate the warehouse with rest of the logistical system

Answer 40

Private Warehouse

Question 41

* Control is fully with the product owner

Answer 41

Private Warehouse

Question 42

You can _______ your warehouse by type of object, chronology of order cycle or most-to-least used.

Answer 42

sort

Question 43

these warehouses are built at strategic locations with adequate transport and communication facilities. They store food grains or fertilizers etc.

Answer 43

buffer (safeguard) storage warehouse

Question 44

When this storage is done on a large scale and in a specified manner

Answer 44

Warehousing