Test 2 Flashcards
(36 cards)
RFID
Radio Frequency Identification
RFID Issues
Cost
Standardization
Performance Restrictions
Applications
EOQ
Economic order quantity
Cyclical inventory
By: location, product, event, usage
Physical inventory
When
How
Why
DMPO
Defect Per Million Opportunities
[# of defects/(OFD percent*# of units)] x 1,000,000
OFD
Opportunities for a defecto to occur
PDS Third Party Logistics
Incorporates: •warehousing •cross docking •packaging •consolidation
Objectives of transporation
Balance expense and service The right method(ocean, air, land) The right interface The right volume The right service The right price
Legal forms of transportation
Common carriers-public (ups)
Contract carriers-are often common
Exempt carriers-exempt products(coal/agriculture)
Private carriers-personal fleet
Modes of transporation
Motor Rail Air Water Pipeline Intermodal transportation
Intermodal of transportation
Double stack
Hump
Auto trains
Special OJ Juice
Transportation pricing strategies
- Cost of service (shippers)-fixed or variable based on volume &distance
- value of service(carriers)-highest level market will bear
- Negotiated pricing-balance- based on loyalty of relationship
Cargonet
New concept- global information- routing, etc
TWIC
Transportation Worker Identification Credential
Warehousing and distributions types of operations
- breakbulk
- cross-docking
- distribution centers
- EOQ situations
- Raw materials
- staged WIP
- consolidation
Reasons for Public or 3PL warehousing
•risk pooling
-business demand fluctuates
-multiple users can help offset
highs and lows
•warehouse location decisions -Market position strategy-customer -product position strategy- resource/vendor/port of entry -intermediate position strategy-balance
Lean warehousing
- optimize cross docking
- reduce lot sizes and shipping quantities
- commitment to customers and service quality
- increase automation
- increase assembly and value-added services
Transportation Intermediaries
- freight forwarders-stage for shipping
- transportation brokers-rate/availability negotiation
- shippers association-small business consolidation
- intermodal marketing companies-planners for transitional logistics
Types of warehouses
- consolidation-combine LTLs to create TL shipping
- private-user owned
- public- contracted service like 3PL
TMS
Transportation Management Systems
WMS
Warehouse Management Systems
RMS
Returns Management System
Like a reverse PO system, authorizes, schedules and tracks return movement, interfaces with accounting for credits and charges
Resource planning
Determining the production capacity required to meet demand.
Capacity= maximum work load for a given period
Goal
-no underutilization of resources
-no unfilled demand
