This document provides information about obtaining fully solved assignments from an assignment help service. It includes contact information for the service via email or phone call. It also provides details of an assignment for the subject of Logistics Management, including the course name, semester, credit hours, and maximum marks. The assignment contains 6 questions relating to logistics topics such as the definition of logistics, demand forecasting, inventory types, material handling, packaging, and short notes on value-added logistical services and logistics outsourcing. Students are instructed to answer all questions, with longer answers required for 10 mark questions.
Ib0016 international logistics and distribution management
Bbr502 logistics management
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ASSIGNMENT
PROGRAM Bachelor of Business Administration- BBA
SEMESTER V
SUBJECT CODE & NAME BBR502: LOGISTICS MANAGEMENT
CREDIT 4
BK ID B 1803
MAX.MARKS 60
Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately
of 400 words. Each question is followed by evaluation scheme.
Q.1 What is meant by logistics? What are the objectives of logistics? Describe the role of logistics in an
economy.
Answer: - Meaning of logistics: - Logistics is the management of the flow of goods between the point of
origin and the point of consumption in order to meet some requirements, of customers or corporations.
The resources managed in logistics can include physical items, such as food, materials, animals,
equipment and liquids, as well as abstract items, such as time, information, particles, and energy. The
logistics of physical items usually involves the
Q.2 What is demand forecasting? Explain the forecasting process.
Answer: - Meaning of Demand forecasting: - Demand forecasting is the activity of estimating the
quantity of a product or service that consumers will purchase. Demand forecasting involves techniques
including both informal methods, such as educated guesses, and quantitative methods, such as the use
of historical sales data or current data from test markets. Demand forecasting may be used in making
2. pricing decisions, in assessing future capacity requirements, or in making decisions on whether to enter
a new market. A planning tool that helps management in its attempts to cope with the uncertainty of
the future, relying mainly on data from the past and present and
Q.3 what are the types of inventory? Explain the objectives of inventory management.
Answer: - Explanation of types of inventory
Raw materials: Raw materials, required for production of finished products are one of the basic
components of inventory for a manufacture. Shortage of raw materials can cause production stoppage
or change in production Schedule which in turn may result in a shortage of finished goods. Thus
sufficient quantities of raw materials need to be stored to cope with uncertain situations. However,
where shortage of raw materials can disrupt normal
Q.4 Define ‘material handling’. What are the objectives of material handling? Explain the role of
material handling in logistics.
Answer: - Definition of material handling:- Material Handling is the field concerned with solving the
pragmatic problems involving the movement, storage in a manufacturing plant or warehouse, control
and protection of materials, goods and products throughout the processes of cleaning, preparation,
manufacturing, distribution, consumption and disposal of all related materials, goods and their
packaging. The focus of studies of Material Handling
Q.5 what is the purpose of packaging? Discuss the design consideration in packaging.
Answer: - Purpose of packaging: - Packaging is the technology of enclosing or protecting products for
distribution, storage, sale, and use. Packaging also refers to the process of design, evaluation, and
production of packages. Packaging can be described as a coordinated system of preparing goods for
transport, warehousing, logistics, sale, and end use. Packaging contains, protects, preserves, transports,
informs, and sells. In many countries it is fully integrated into government, business, institutional,
industrial, and personal use.
Q.6 Write short notes on:
a) Value-Added Logistical Service
b) Logistics outsourcing
3. Answer: - Value-Added Logistical Service:- The increasingly volatile and consumer sensitive chains of
supply and demand are not only impacting prices, they are stimulating today’s logistics providers to be
more responsive, agile and consumer-centric in their supply chain solutions.
We create more value for our
Logistics outsourcing:- Logistics outsourcing, at its core, is simply the process of contracting with other
companies to handle various aspects of the logistics supply train—for example, instead of purchasing
and maintaining a fleet of trucks, a company would contract with a dedicated shipping company to
transport supplies and products to and from the market. In addition to simple transport duties, a
logistics outsourcing policy could see auditing and even long-term planning handled by external
contractors who have specialized in providing effective logistics solutions, rather than the company
itself.
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
(Prefer mailing. Call in emergency )