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Warehousing. Marketing Logistics Advance manually to begin. Warehousing . . . . The storing of products, including raw materials, parts, goods-in-process, finished goods at and between point-of-origin and point-of-consumption. Provides information on status of goods.
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Warehousing Marketing Logistics Advance manually to begin.
Warehousing . . . • The storing of products, including raw materials, parts, goods-in-process, finished goods at and between point-of-origin and point-of-consumption. • Provides information on status of goods. Distribution centers are a type of warehouse which hold minimum inventory of high-demand goods. . . . .
Warehousing: Storage of inventories all through logistics process. • Raw materials, components, parts. • Finished goods. • The storing of products, including raw materials, parts, goods-in-process, finished goods at and between point-of-origin and point-of-consumption. • Provides information on status of goods. Physical supply Distribution Warehouse Warehouse
Inventory in a Warehousing Context • Achieves transportation economies.
Transportation Economies Economies of scale Transportation carriers usually give discounts for bigger loads. . Warehouse Supplier
Transportation Economies Economies of scale . Warehouse Supplier
Inventory in a Warehousing Context • Achieves transportation economies. • Achieves production economies.
Achieves Production Economies Economies of scale Warehouse Assembly line
Inventory in a Warehousing Context • Achieves transportation economies. • Achieves production economies. • Quantity purchased discounts, forward buy discounts. • Maintain source of supply. • Support customer service policies. . .
Inventory in a Warehousing Context . . . • To meet changing market conditions. • Seasonality. • Demand fluctuations. • Competition. • To overcome time and space differentials between producers and consumers. • To minimize logistics costs while meeting customer service goals. • To support just-in-time inventory programs.
End of Program. Go to Part Two.