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Internal Assignment Applicable for April 2018 Examination
Logistics Management
1. Indian logistic sector comprises of inbound and outbound segments of manufacturing and service supply chain for a long time. Why do you think, of late, the logistic infrastructure has gained a lot of attention both from the business industry as well as policy makers?
2. Assume you are the Head of Materials Department and you notice most of the inventory problem are due to poor warehouse management. The warehouse is not organized and there is no proper classification of inventory. What will be your advice to the warehouse manager on classification of selective inventory control?
3. SELMORE is a consumer product distributer with a chain of retail outlets. The warehouse and its stores upkeep are dependent highly on the fluctuating consumer requirement. The General Manager is worried because, the full warehouse utilization throughout the year is less than 75% of the time. Thus for 15 to 25% of the time the space needed to meet peak demand is not utilized.
a. According to you, what warehouse strategy should SELLMORE adopt to improve its warehouse utilization?
b. Briefly summarize the economic benefits of warehouse.
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