Explain different types of “Economic” & “Operational / Service Benefits” of warehousing operation. In each of the category, add examples / scenario to explain.
Warehouse Management
1. What are the various types of storage methods used by different organizations deals with warehousing? (Mention any 8).
2. Explain different types of “Economic” & “Operational / Service Benefits” of warehousing operation. In each of the category, add examples / scenario to explain.
3. a. Management of one 3 PL company decided to invest an amount of 10 lakhs for an equipment. Due to the automation, there is an effort saving of 1 minutes / order. Assume there is a constant order of 5000 / day. The corresponding operator works 8 hrs / day & per day his salary is INR 1000.
There are no hidden / additional cost involved.
Company appointed you as expert to advise them whether to go ahead with the investment or not.
3. b. Consider the below model & state which 3PL partner you should go ahead with. The rating parameter is 1-5 (5 is highest & 1 is lowest).
| Category | Target Rating | Weightage | 3PL (Cos 1) | 3PL (Cos 2) | 3PL (Cos 3) |
| Market experience | 4 | 30 | 4 | 3 | 4 |
| Range of services | 5 | 40 | 5 | 4 | 4 |
| Health, Safety & Records | 5 | 30 | 3 | 4 | 5 |
| Management Quality | 5 | 30 | 4 | 5 | 3 |
| Strategy | 4 | 20 | 3 | 4 | 4 |
| Financial Stability | 5 | 10 | 5 | 3 | 2 |
| IT | 5 | 20 | 4 | 4 | 5 |
| Global Coverage | 5 | 10 | 4 | 4 | 3 |
| Reputation | 5 | 10 | 4 | 3 | 5 |
| Shared User / Public warehouse | 5 | 10 | 4 | 4 | 4 |
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