106 Matching questions
- Transportation Challenges
- Rail Percent
- The Grid Technique Limitations
- Distribution KPIs
- impractical in the short run
- Reliability disadvantage:
- Support Functions
- Batching Economies Sources
- The Role of Distribution in SCM
- Trucking Percent
- Distribution Requirements Planning
- Transit time disadvantage
- Cost advantage:
- Water Percent
- Inventory Risk Cost
- Determining the Cost of In-Transit Inventories
- Capability Requirements
- Current Trends Governing Site
- value-added capabilities of a WMS
- push approach
- Air Percent
- Ordering Cost or Setup Cost
- Transportation facilitates which utilities
- Commercial Zone
- Inventory Carrying Costs
- Cross Docking
- In-Transit Inventory Carrying Cost
- Expected Stockout Cost
- Facility Considerations
- Materials requirement Planning
- independent demand
- Storage Space Cost
- Distribution Facility Functionality
- Accessibility advantage:
- Order Cost
- MRP system elements
- Seasonal Stocks
- Anticipatory Stocks
- Order accuracy and order completeness
- Capital Cost
- The Grid Technique Advantages
- Modeling Approaches
- Just-in-Time Approach Elements
- Vendor-Managed Inventory
- Weighted average cost of capital (WACC)
- Accessibility disadvantage:
- Inventory v GDP
- Pareto's law
- Perfect order index (POI)
- Pipe Percent
- Transportation Management Systems Involve
- Transit time advantage:
- factors driving design change
- Distribution cost tradeoffs with other functional areas
- Distribution Tradeoffs
- Internal Measures
- Transit Privilege
- Freight bill
- The Bill of Landing does what?
- pull approach
- Foreign Trade Zone (FTZ)
- Potential Supply Chain Modeling Pitfalls to Avoid
- Modes of Transportation
- Simulation Models
- ABC Analysis
- Short run planning
- Shifting Locations of Customer and/or Supply Markets
- Heuristic Models
- Air Carriers
- Safety disadvantage:
- Inventory Service Cost
- Two options for product flow
- Warehouse Management Systems (WMS)
- Areas where logistics interfaces:
- Department responsible for transportation
- Distribution Execution
- Distribution Challenges
- Freight claims form
- Hurdle Rate
- Optimization Models
- Setup Costs
- dependent demand
- a 4.6%
- b carrier's invoice for carrier charges
- c Transportation Management Systems
- d software control system that improves product movement and storage operations
- e cost efficiency
order fill rates
- f uses inventory replenishment techniques in anticipation of demand to move products.
- g relies on customer orders to move product through a logistics system
- h Simplicity and its ability to provide a starting point for location analysis.
Provides a starting point for making a location decision.
- i Change in Corporate Ownership
Corporate Organizational Change
- j a geographic area into which importers can enter a product and hold it without paying duties—and only paying duties or customs when is it shipped into U.S. customs territory.
- k Bill of Materials
- l Product characteristics must drive the design of the distribution process such as product value, durability, temperature sensitivity, obsolescence, volume, and other factors
- m generate performance reports
support paperless processes
enable integration of materials handling equipment
leverage wireless communication
- n Balancing supply and demand.
Protecting against uncertainty.
Allowing quantity purchase discounts.
Supporting production requirements.
Promoting transportation economies.
- o 1.2%
- p likely products together. Bread and Jelly
- q Air and motor carriage
- r when it is directly related, or derives from, the demand for another inventory item or product
- s the process of designing a model of a real system and conducting experiments with this model for the purpose either of understanding the behavior of the system or of evaluating various strategies within the limits imposed by a criterion or set of criteria for the operation of the system
- t Cost of placing order which may have both fixed and variable components
- u bill of lading
- v originates the shipment
provides all the information the carrier needs
stipulates the contract terms, including carrier's liability for loss and damage
acts as a receipt for the goods the shipper tenders to the carrier
in some cases, shows certificate of title to the goods
- w Rail and water
- x Master production schedule (MPS)
Bill of materials file (BOM)
Inventory status file (ISF)
Outputs and reports
- y Materials requirement Planning
- z Can occur in the supply of raw materials, in the demand for finished product, or in both. There is a need to know the proper inventory level to have. Can impact transportation.
- aa High fixed versus low variable.
Product moves through it in high volume
- ab 4.7%
- ac Costs incurred by inventory at rest and waiting to be used.
- ad specific blanket area, the transportation definition of a particular city or town.
- ae Precise mathematical procedures that are guaranteed to find the "best" solution
- af involves the physical movement of goods between origin and destination points.
The transportation system links geographically separated partners and facilities in a company's supply chain.
- ag Master Production Schedule
- ah key performance indicators
- ai Accumulation
- aj Finance
- ak Optimizing
- al Short-term horizon
Too little or too much detail
Thinking in two dimensions
Using published costs
Inaccurate or incomplete costs
Use of erroneous analytical techniques
Lack of appropriate robustness analysis
- am an asset on the balance sheet and a variable expense on the income statement.
- an Air, rail, and water
- ao Product Handling Functions
Customer Facing Measures
- ap a firm's logistics/supply chain network and the locations of its key facilities are fixed.
- aq permits the shipper to stop a shipment in transit and to perform some function that physically changes the product's characteristic.
- ar Routing and scheduling
- as determine the size of each operation within the network
- at Reflects the direct debt service cost of having capital tied up in inventory.
- au Procurement, Production, Transportation
- av Positioning of inventories located at "market-facing" logistics facilities
Greater use of "customer direct" delivery
Due diligence for location and site selection
Greater use of third-party-logistics services
- aw Water carriers and rail carriers
- ax Motor carriage
- ay are able to accommodate broad problem definitions, but they do not provide an optimum solution.
help to reduce a problem to a manageable size and search automatically through various alternatives in an attempt to find a better solution.
- az Vendor-Managed Inventory
- ba Labor availability
Increasing customer requirements
- bb Zero Inventories
Short, consistent lead times
small, frequent replenishment quantities
high quality, or zero deficits
- bc recoup monetary losses
- bd High variable and low fixed cost
- be includes insurance and taxes
- bf Inventory control
Safety, maintenance, and sanitation
- bg High fixed, low variable
- bh Time, Place
- bi 6.7%
- bj Least Important
- bk The supplier and its customer agree on which products are to be managed using in the customer's distribution centers.
Also called "pull" data
- bl Owner of product while it is in transit will incur resulting carrying costs.
- bm Cost of distribution centers and inventory vs. cost of transportation
Cost of additional facilities vs. level of customer service
Space vs. equipment
Equipment vs. people
People vs. space
- bn 80%
- bo Widely Used, Low fixed cost, high variable
- bp When an organization anticipates that an unusual event might occur that will negatively impact its source of supply.
- bq Truck
- br Focus on available inventory.
- bs is to more accurately forecast demand and to explode that information back to develop production schedules
- bt Distribution Requirements Planning
- bu supplying materials and component parts whose demand depends on the demand for a specific end product
- bv Inventory Status File
- bw U.S. population shifts
Service/cost requirements of JIT manufacturing
Continuing searches for lower-cost manufacturing
growing economic importance of China and the
sourcing of raw materials from offshore suppliers
- bx Producing and acquiring goods.
- by refers to the expense of placing an order for additional inventory, not including product cost
- bz GDP increased at a higher rate than inventory costs. It created higher revenues with less assets.
- ca Rail, water, and pipeline
- cb Goods flow from receiving to shipping with minimal interim sorting
- cc the exact products and quantities that they ordered
- cd Lesser Importance
- ce Distribution cost efficiency
Aggregate cost efficiency
- cf delivered to the right place
at the right time
in defect-free condition
with the correct documentation, pricing, and invoicing
- cg Direct shipment of goods
Movement of goods through distribution facilities to customers
- ch Assigns inventory items to one of three groups according to the relative impact or value of the items
- ci reflects the possibility that inventory value might decline for reasons beyond firm's control
- cj when such demand is unrelated to the demand for other items
- ck Back order, which has variable costs. Loss of sales. Loss of customers
- cl Includes handling costs associated with moving products into and out of inventory, as well as such costs as rent, heat, and light
- cm many situations were dominated by a relatively few vital elements.
- cn Most important
- co Transportation costs
Cost of lost sales
- cp Logistics
- cq Minimum rate of return on new investments.
- cr Arises in Demand and obtaining materials from suppliers.
- cs Site availability, leases, contracts, and investments make changing facility locations
- ct varies greatly
- cu expenses incurred each time an organization modifies a production or assembly line to produce a different item for inventory
- cv time associated with transportation and the inventory costs that are associated with it.
- cw Opportunity Cost. Cost of capital tied up in inventory.
- cx associated with manufacturing; how long it takes to get from raw materials to finished goods, and the costs associated.
- cy A static approach, and the solution is optimum for only one point in time.
The technique assumes linear transportation rates, whereas actual transportation rates increase with distance but less than proportionally.
The technique does not consider the topographic conditions.
- cz -Supply chain complexity
-Competing goals among supply chain partners
-Changing customer requirements
-Limited information availability
-Rising transportation rates
- da Capital Cost = Carry Inventory
Storage space cost is not relevant
Insurance requires special analysis
Obsolescence is not as important
- db Like product together.