Explain different types of “Economic” & “Operational / Service Benefits” of warehousing operation. In each of the category, add examples / scenario to explain.
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)|
|Range of services||5||40||5||4||4|
|Health, Safety & Records||5||30||3||4||5|
|Shared User / Public warehouse||5||10||4||4||4|
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