Exam (elaborations)
TR4864 EXAM PACK 2024 (FI 2023)
- Institution
- University Of South Africa (Unisa)
THE EXAM PACK CONTAINS QUESTIONS AND ANSWERS IN ESSAY FOMART
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, 0717513144 TRL4864 EXAM PACK 2024 muzavazi47@gmail.com
Contents
Introduction ................................................................................................................ 3
Logistical value proposition for cost reductions ....................................................... 3
Procurement objectives and strategies for cost minimisation.................................. 4
The economic advantages of strategic warehousing .............................................. 4
Appropriate materials handling systems to reduce labour costs ............................. 6
Mechanized Systems........................................................................................... 6
Lift Trucks ............................................................................................................ 6
Conveyors ........................................................................................................... 7
Semiautomated Systems ..................................................................................... 7
Robotics ............................................................................................................... 7
Rationale and challenges to sourcing from low-cost countries ............................ 8
Rationale for low-cost country sourcing ............................................................... 8
Challenges for sourcing in low cost countries ......................................................... 8
Total cost integration of logistics activities for a least-total-cost facility network...... 9
Cost-Based Warehouse Justification ................................................................. 10
Inventory Economics ......................................................................................... 10
Appropriate supply chain metrics to measure inventory and cost performance .... 10
Competitive basis .............................................................................................. 10
Cash-to-Cash Cycle Time .................................................................................. 11
Dwell Time ......................................................................................................... 11
Supply Chain Response Time ........................................................................... 11
Conclusion ............................................................................................................... 12
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