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1. Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
help.mbaassignments@gmail.com
or
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ASSIGNMENT
DRIVE FALL 2016
PROGRAM Bachelor of Business Administration - BBA
SEMESTER V
SUBJECT CODE & NAME BBR502 – LOGISTICS MANAGEMENT
BK ID B1803
CREDITS 4
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.
Question. 1. Elucidate the objectives of Logistics. Briefly explain the
types of logistics.
a) Objectives of Logistics.
Answer: The concept of logistics is fairly new in the business world. The theoretical development
was not used until 1966. Since then, many business practices have evolved and logistics currently
costs between10and 25 percentof the total cost of an international purchase. There are two main
phases that are important in the movement of materials: material management and physical
distribution;Materials management is the timely movement of raw materials, parts, and supplies.
The physical distribution is the movement of the firm’s finished products to the customers. Both
phases involve every stage of the process
b) Explanation of the types of logistics
Answer: In order to increase the sales as well as the market share, many companies advertise that
theirgoods will performwell overaperiodof time.The customeris,therefore,ledtobelieve that in
case he buysthe product of that company,he is assuredof satisfactoryperformance of the product.
But at the same time, it is very much obvious that the company cannot assure the satisfactory
performance of each and every of its product which is sold in the market. Few of the products sold
may not perform as advertised over the specific period of time.
2. Question. 2. Elaborate the functions and contribution of Supply
Chain Management (SCM). Explain the factors influencing Supply
Chain Effectiveness
a) Functions and contribution of Supply Chain Management (SCM)
Answer: Supplychainreferstoall the facilities and processes used in supply of goods and services;
fromprocurementof raw material, through manufacturing operations, up to delivery to final user,
and supply chain management (SCM) refers to Management of all operations within a company
impacting and interfacing other sections of the supply chain to improve entire supply chain
performance.
The main functions and components of SCM include:
Defining business boundaries and relationships
Managing demand and supply
Logistics
b) Factors influencing Supply Chain Effectiveness
Answer: Gaining a competitive advantage in international supply chains requires matching the
value‐addingactivitiesof achain withthe unique comparative advantagesofferedbydiversenations
that make up the chain.To do this,a supplychainmanagermustidentifyandcontrol the factorsthat
influencethe performanceof the chainineach of the three areas,namely,procurement, processing
and distribution. Controlling these factors requires, among other things, setting up suitable
information systems. This article
Question. 3. List and explain the different types of Inventory Cost.
Answer: Inventorymustbe viewed as a positive contributor to corporate profitability. To that end,
managementmustdetermine whenvariousitemsshouldbe ordered,how muchtoorder each time,
and how often to order to meet customer needs while minimizing associated costs.
There are three types of costs that must be considered in setting inventory levels:
1. HoldingCarrying cost: They are expenses such as storage, handling, insurance, taxes,
obsolescence, theft, and
Question. 4. Describe the need for Warehousing Management.
Explain the basic functions of warehouses.
3. a) Need for Warehousing Management
Answer: A warehouse management system (WMS) is a software application, designed to support
warehouse ordistributioncentermanagement and staff. They facilitate management in their daily
planning, organizing, staffing, directing, and controlling the utilization of available resources, to
move and store materials into, within, and out of a warehouse, while supporting staff in the
performance of material movement and storage in and around a warehouse.
b) Basic functions of warehouses.
Answer: Basic function of a warehouse are movement of goods storage of goods, and information
management.
1. Storage of Goods: One of the traditional requirements of a warehouse has been for storing
goods. The warehouse provides the
sale
Question. 5. Explain the Functionalities of Transportation. Elucidate
the factors affecting freight cost.
a) Functionalities of Transportation
Answer: Transportation management systems manage four key processes of transportation
management:
Planning and decision making – TMS will define the most efficient transport schemes
according to given parameters, which have a lower or higher importance according to the
userpolicy:transportcost,shorterlead-time, fewer stops possible to ensure quality, flows
regrouping coefficient, etc.
b) Factors affecting freight cost.
Answer: Whilst transporting commodities through oceanic routes, ocean freight plays the most
important role among other factors. The levy of ocean freight however depends on a number of
factors. This is why transporters hiring shipping vessels need to be careful when it comes to
understanding the rates applicable.
Understandingoceanfreightratesandthe waysand means of its applicability is important because
if a shipper undertakes to transport the
4. Question. 6. Elaborate the importance of Logistics Information
System (LIS). What are the Principles of designing LIS?
a) Importance of Logistics Information System (LIS
Answer: An information system uses informative key figures to aid the rapid detection of existing
problemareasandanalyze theirorigin.Businesstransactionsthatare oftenperformedthousands of
timesinone day formthe basisfor these keyfigures.Aninformationsystemtherefore has to access
aggregated data in order to gain a quick overview.
The informationsystemsinlogisticsare flexible tools for collecting, aggregating and analyzing data
from the operative applications (Purchasing, Sales, Production, Inventory Controlling, Plant
Maintenance, Quality Management/Inspection Processing). They thus enable you to continually
control target criteria and to react in time to
b) Principles of designing LIS.
Answer: THE ELEMENTS OF DESIGN AND PRINCIPLES OF DESIGN
The Elements of Design are the things that artists and designers work with to create a design, or
composition. The Elements are: line, shape, space, value, color and texture.
Line … The Graphic Unifier, Curved, Straight. Directional Thrust: Horizontal, Vertical, and Diagonal.
Shape … Naturalistic, Geometric. (The Golden Mean)
Space / Size … Large, Medium, Small. Proportion or Scale. (The Golden Mean)(Perspective)
Value … Light, Dark. (Value Patterns)(Arial Perspective)
Color … Hue, Chroma, and Value. (The Color
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
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