Logistics Techniques Assignment Help: on the following questions The CEO expects you to be providing a number of various logistics reports and recommendations to her. She has asked you to prepare a chart on 1–2 pages of frequently used logistics techniques. To demonstrate your understanding of the breadth and depth of the logistics function, research the following terms, and for each of the 8 terms, complete the following:
- Provide a definition, in your own terms, of frequently used logistics techniques.
- Give an example of a real company or industry that uses this logistics technique.
- What would the pros and cons be of using each technique listed below?
- Distribution center
- Public warehouse
- Third-party logistics
- Common carrier
- Dedicated private fleet
- Backhauls
- Deadheading
- Freight equalization
Provide citations and references to support your information.
Logistics Techniques Assignment Help Distribution Center: It is also known as a branch warehouse or distribution warehouse. It can be defined as a warehouse or storage facility that is usually smaller than a firm’s main warehouse. Basically, it is used for receipt, temporary storage, and redistribution of goods as per the customer orders as they are received (Goetschalckx, 2011). There are several advantages and disadvantages of using a distribution center. For instance, with the help of a distribution center, a company can handle all current needs of the customers (Taylor, 2007). Additionally our business assignment help experts says that, it would also save different costs of the company that is associated with the staffing and distribution. On the other hand, to maintain the quality would be much harder for the company. This would be a possible drawback of the distribution center. An effective distribution would also require high investment (Goetschalckx, 2011). So, it would be costly for the company. CVS Caremark Corporation is an American drug retailing company that uses/operates distribution center throughout the country that services the needs of thousands of CVS/pharmacy stores and mail order process (CVS Caremark Corporation. 2012).
Public Warehouse: It is also a facility, where a company can store their products effectively. Additionally, it also offers facilities for inventory management, physical inventory counts and shipping functionality. The public warehouse charges their clients for a certain rate for the goods stored, the volume of the warehouse used and the services the client wishes to use (Wisner, 2011). Hence, it is a business that offers short or long-term storage to companies on a month-to-month basis. By using a public warehousing, a company would be able to reduce investment risk and minimize labor disputes. It would also offer flexibility and save business taxes. In contrast, administrative problems, lack of control, communication problems and availability of space and specialized services are the disadvantages of a public warehouse. Basically, companies in automobile industries use public warehouse in order to store their automobile products (Goetschalckx, 2011).
Third-party Logistics (3PL): Under this technique, companies outsourced their logistics activities to other firms or third party logistic. It also involves storing or shipping things. A third-party logistics service may be a single service such as transportation or warehouse storage or it can be a system-wide bundle of services capable of managing the entire supply chain. A 3PL reduce cost; improve efficiency, service and flexibility (Baudin, 2005). In addition, company can also share risk and elimination infrastructure resources more effectively. But, a 3PL also have some drawbacks. For instance, if the firm is unable to function effectively, it might have an effect on goodwill in the market. The outsourcing business may also lose control over its operations. Particularly, a 3PL is used by the Airline Industry to manage their logistic activities more effectively (Tompkins, 2003).
Common Carrier: It is a transportation company that transports goods for any person or company and that is responsible for any possible loss of the goods during transport. Simply, they transport the goods of the company. Common carriers are less expensive as compared to other and shipment’s location can be checked effectively (Baudin, 2005). On the other hand, the transportation company can delay the product or service of the company. Additionally, there is full control of the company over the transported product. Basically, manufacturing industries use these types of technique in order to transport their products from one to another place (Tompkins, 2003).
Dedicated Private Fleet: It is a transportation fleet service in which customer are allowed to enjoy the benefits of private fleet at the minimum cost.It offers quality service, reliability and control to the business organization by minimizing transportation costs. Additionally, it reduces liability exposures and operating expenses for the company. In contrast, it cannot improve the service in the company’s network. Basically, these types of logistic techniques are used by the telecommunication as well as TV broadcasting industries (Tompkins & Harmelink, 2004).
Backhauls: It is another logistic technique that is used by the business organizations in order to deliver or transport their products. It is a significant method that is used in reducing transport costs for ground freight. As per this technique, one company contract with another organization to share the transportation cost by using transport service to bring a product back from the destination. This technique can create conflicts between both parties. For instance, automobiles industry uses this technique to deliver their products (Goetschalckx, 2011).
Deadheading: It is also known as dead mileage that represents a movement of commercial vehicles in a non-revenue mode for logistical reasons. The main advantage of using this technique is that it reduces costs in a continuous manner for the companies. Additionally, it also offers sustainability and save time and fuel to the organization effectively. In contrast, it is too costly as compared to other techniques and requires highly trained staff in order to transport the goods. Mainly, it is used by the Airline and manufacturing industry (Rogers, 2001).
Freight Equalization: It is a significant logistic method that assists shippers to transport goods by sea to help in reducing freight costs associated with sea transport. As per this technique, companies can transport different types of goods such as: northbound goods and southbound goods (Martin, 2007). By using this logistic method, business firm can reduce the overheads effectively. In addition, this also offers flexibility and reliability to the companies in term of assurance. But, this technique is useful for the large companies, not for the small organization. It is because it requires high investment and more time. Simply, this technique is used by the manufacturing and mining industry in order to transport heavy goods (Rogers, 2001).
References: Baudin, M. (2005). Lean Logistics: The Nuts and Bolts of Delivering Materials and Goods. USA: Productivity Press. CVS Caremark Corporation (2012). Retrieved From: http://info.cvscaremark.com/careers/search-opportunities/distribution-center Goetschalckx, M. (2011). Supply Chain Engineering. USA: Springer. Martin, S. (2007). Business Logistics/Supply Chain Management. South Africa: Pearson Education. Rogers, S.C. (2001). Marketing Strategies, Tactics, and Techniques: A Handbook for Practitioners. UK: Greenwood Publishing Group. Taylor, G.D. (2007). Logistics Engineering Handbook. UK: Taylor & Francis. Tompkins, J.A. & Harmelink, D. (2004). The Supply Chain Handbook. UK: Tompkins Press. Tompkins, J.A. (2003). No Boundaries: Break Through to Supply Chain Excellence. UK: Tompkins Press. Wisner, J.D. (2011). Principles of Supply Chain Management: A Balanced Approach. USA: Cengage Learning.
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