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Consolidation Function combines the several small shipments to a specific market area
Thanks for the invite, I leave the answer to only of the experts specialists in this field
it must be : Consolidation Function
A. Break bulk function ......................
Hello Team,
The part of the supply chain management process that plans, implements, and controls the efficient, effective forward and reverse flow and storage of goods, services, and related information between point of origin and point of consumption in order to meet customer needs.
· Providing the RIGHT products and servicesIn the RIGHT quantitiesIn the RIGHT conditionFrom the RIGHT sourceAt the RIGHT timeFor the RIGHT customerAt the RIGHT priceIn the RIGHT configuration
Materials management (inbound) vs. physical distribution (outbound). Many paths, but, depending on location, the amount of inbound/outbound varies. Same product with different focus requires segmenting activities.
Optimizing System: Not the individual parts; look for entire system that provides lowest total cost. Decreasing costs in firm may increase supplier/retailer cost.Level of Optimality: Logistics functions work next to other business processes i.e.) production, finance, marketing. Overall goal is to optimize within the company's framework. Optimality can extend to the level of supply chain rather than the individual firms.
Decision Support Tools
Used to design and fine-tune logistics systems; helps managers choose locations for warehouses, determine the number of containers/vessels they need, and estimate costs and travel times.
Planning Systems
Help managers with specific activities, including choosing a carrier for an outgoing shipment or developing a weekly delivery schedule.
Execution Systems
Take care of of the many small details of logistics activities; ensure that planned activities take place as expected; oversee order and shipment management, warehouse management, shipping and receiving management, satellite and bar code tracking, and automated payment/billing systems; most detailed level of a logistics information system.
Warehousing (Distribution Center)
An operation that stores, repackages, stages, and sorts materials; used to reduce transportation costs, enhance operational flexibility, shorten customer lead times, and reduce inventory costs. Wherever you have inventory you have warehouses.
Consolidation Warehousing
Pulls together shipments from a number of sources in the same geographic area and combines them into larger and more economical shipping loads; variations include: - A single manufactures uses a consolidation warehouse to pull together the output from several different plants; the are combined into a single large shipment when possible. - A contract carrier uses its own consolidation warehouse to combine shipments form several local businesses.
Cross-Docking
Large incoming shipments are received and then broken down into smaller outgoing shipments to demand points in a specific geographic area; combines the economies of large incoming shipments with the flexibility of smaller local shipments. Minimizes/eliminates need for storage. Increases speed, eliminates inventory - results in lower costs. You must know exactly where a item is going when you receive it. Often requires technology like bar coding or RFID. Benefit is inventory reduction.
Regards,
Saiyid
my answer option " D " .
That is the Consolidation function.
Answer is D.
Option D. consolidation function is the answer
My answer is option A) Break bulk function_________
