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Date Submitted: 09/19/2016 12:13 AM
Warehousing & Distribution-Assignment I
Q1. 1. Discuss the difference between a functional vs. integrated approach to logistics.
Ans: -
Functional Approach | Integrated Approach |
Time consumption due to planning and design of the network for every function is less. | Time consumption is high, as it is a cumulative planning and design approach. |
Information flow between different functions is slow and opaque. | Information flow is fast as the approach is towards organization than a function. |
Comparatively less reduction of time and cost for the organization. | Comparatively high reduction of time and cost for the organization. |
Multiple points of contact in case of reverse logistics. | Single point of contact in case of reverse logistics. |
Q2. 2. Give an example on how you might use a criticality matrix to improve an organization’s logistics processes and reduce risk.
Ans: -
The usage of the criticality matrix in an organization’s logistics process is explained in the following steps:
1. The organization must prepare an ABC analysis report/cluster analysis report showing the importance of each product and the customers involved.
2. As soon we understand the importance of the product and the customer, we have to point them on the criticality matrix, i.e., higher the importance more critical the nature of the element and more likely to cost us more.
3. In order to safeguard the organization, the more critical products and customers are handled quickly and also with an extra layer of customer support team.
4. Providing the customer support team enough flexibility to act immediately to modify the logistics process as per customer demand in case of an emergency.
5. And it is highly likely to have a critical customer who has a critical product in demand. It is better to have separated regional distribution centers close enough to act quickly upon the demand instead of having a central distribution center, which might take...