Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
25 Cards in this Set
- Front
- Back
|
movement and storage of materials to meet customer needs and organizational objectives
|
Logistics management
|
|
|
basic modes of transportation
|
Motor
Rail Air Water Pipeline |
|
|
Cost per unit of weight decreases as shipment size increases
|
Economy of Scale
|
|
|
Cost per unit traveled decreases as distance moved increases
|
Economy of Distance
|
|
|
One large shipment made of many smaller shipments
|
Consolidation
|
|
|
combine small shipments from one shipper going to the same area
|
Consolidate by market area
|
|
|
combine small shipments from different shippers going to the same area
|
Pooled delivery
|
|
|
delivery at specific times
|
Scheduled delivery
|
|
|
Description of Motor Carriers
|
Low Cost of Entry
Low Fixed Costs High Variable Costs |
|
|
Advantages of Motor Carriers
|
High Accessibility
Transit times faster than rail or water Lower inventory strategies Quick replenishment |
|
|
Disadvantages of Motor Carriers
|
Relatively high cost
Reliability can be affected by weather |
|
|
Advantages of Railroads
|
Cost effective for long haul/large volume products
Multiple service offerings Own right of way Intermodal now provides seamless dock to dock service |
|
|
Disadvantages of Railroads
|
High fixed costs
Accessibility/Transit times inconsistent |
|
|
Advantages of Air Carriers
|
Speed
|
|
|
Disadvantages of Air carriers
|
Highest rates
Low Accessibility Low Capacity Reliability subject to weather |
|
|
Advantages of water Carriers
|
Relatively low cost
High capacity Cost effective for long distance move of low value, bulk type mineral, agricultural, and forest products |
|
|
Disadvantages of Water Carriers
|
Long transit times
Low Accessibility |
|
|
Advantages of Pipelines
|
Cost effective
|
|
|
Disadvantages of Pipeline
|
Low Accessibility
|
|
|
use of two or more modes of transportation cooperating on the movement of a shipment by publishing a through rate
|
Inter-modal transportation
|
|
|
includes warehouses, production facilities, retailers, and the inventory that flows between them
|
Distribution Network
|
|
|
Primary Location Factors
|
Proximity to suppliers, customers, and labor
|
|
|
Secondary location factors
|
Community considerations
Site considerations Quality of Life issues Other considerations |
|
|
Measuring inbound and outbound shipping volumes identifies potential facility locations
|
Centroid Analysis
|
|
|
Number of locations is determined by _______ _________ and ________ _________ _______
|
Balancing
Inbound Outbound Transportation Costs |
