Flashcards
4. Purchasing and logistics management
Cards in this deck (8)
- 16 Purchasing process stages1.specifications
2.selecting supplier
3.contracting
4.ordering
5.expediting
6.follow-up and evaluation - 24 tasks of purchasing1. supply - time and distribution of goods and services
2. spend - control and reduce
3. risk management -
4. developent - innovate - 35 Parts of logistics management1. transportation
2. warehousing
3. packaging
4. inventory management
5. logistics information systems - 42 What is warehousing 2 Why we use warehousingprepare inbound items for storage
pack outbound items and ship them
and
shorten lead times
reduce transportation costs - 5What is consolidation warehousing?many small shipments come in
one large one goes out - 6What is cross-dockingone large shipment comes in
many small shipments go out - 7postponement warehousingfinal assembly or packaging done at last possible moment in a warehouse
- 8Economic order quantity Q (formula)Q= sqrt( 2SD / H )
S - ordering cost (batch)
D - demand (per year)
H - holding cost (per unit)
C - purchasing cost (per unit?)
Information
- Description
- Supply Chain Management Flashcards on 4. Purchasing and logistics management, created by Lauri Hiltunen on 10/12/2018.
- Created by
- Lauri Hiltunen · Dec 2018
- Updated
- Dec 13, 2018
- Views
- 0
- Rating