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Warehousing
1.
2. ► activities involving storage
of goods on a large-scale in
a systematic and orderly
manner and making them
available conveniently
when needed
► is where the supply chain holds or
stores goods
3.
4. ► the uneven, season-related output of a product
during the year, manifested in an increase,
decline, or complete halt of production during
particular periods of the year. Seasonality is
characteristic of a number of branches of
industry, including the meat, dairy, fish, food, and
lumber industries, as well as construction and
agriculture.
5. ► consumer interest in purchasing
particular products only during a
specific period within the calendar
year. For example, Christmas
ornaments and snow ski equipment
are subject to seasonal demand.
6. ► mass production of items, often done by
using an assembly line, or another
efficient means of production. The
process is often carefully determined, to
try to produce the greatest quantity of
items while using the fewest resources
(such as labor and/or time).
7. ► The manufacture of products requiring
the sequential performance of different
processes on a series of multiple machines
receiving the material for manufacture
through a closed channel. For example,
continuous production is generally
conducted in the paper and chemical
business.
8. ►intervention in a market in order
to reduce fluctuations in price.
This has sometimes been
attempted by means of a buffer
stock in markets for primary
products.
9.
10. ► a specialized business establishment
that provide storage facilities to the
general public for a certain charge.
It may be owned and operated by
an individual or a cooperative
society. It works under a license
from the government. They are
generally located near the junctions
of railways, highways and
waterways.
11. ►are owned and
operated by big
manufacturers
and merchants
to fulfill their own
storage needs
12. ► (3PL warehousing) is a long-
term arrangement providing
unique warehousing services to
one client.
► Both vendor and client share
the risks associated with the
warehousing
► Less costly than private
warehousing and more costly
than public warehousing
13. ► Mixes attributes of contract and
public warehouses
► Services are more differentiated
than those in a public facility
► Services are less customized than
those in a private facility
► Services are purchased through
minimum 1 year contracts
► Are attractive to smaller
organizations
14.
15. ► Service provided by a
freight forwarder in
which several smaller
shipments are
assembled and shipped
together to avail of
better freight rates and
security of cargo
16. ► range of associated products
that yields larger sales revenue
when marketed together than
if they were marketed
individually or in isolation from
others.
17. ► the process of receiving product and
shipping it out the same day or overnight
without putting it into storage
19. ► Warehousing exists as a
protection against contingencies
such as transportation delays,
vendor stockouts, or strikes. With
contingency protection in hand, a
firm will not suffer heavy loss in
revenue or incur high costs.
