logistics semi reviewer

It plays a critical role in logistics systems, providing the customer-service levels in combination with other logistics activities. variety of operations and tasks are performed in warehousing, these categorized under three basic functions:07:45 PM

These are the warehouses owned by the company for their exclusive use of storing the goods manufactured or traded by them for onward selling in the market.

These are the warehouses hired from other agencies for storing the goods for a specific period of time by paying agreed rent. For example, Central Warehousing Corporation (CWC).

It is a specialized form of public warehouses managed by third party logtstios companies for providing total warehousing services by paying the agreed charges

It is the outsourcing of the logistics function to external organizations For example, a business that bas its own warehousing facilities

they continuously need up-to-date information about inventory, transportation and warehousing. For example, in respect on inventory, information about present stock position at cach location, future commitment and replenishment capabilities are constantly required. Similarly, before choosing a carrier, information about the availability of various modes of transport, their costs, services and suitability for a particular product is needed.

To keep competitiveness of industries, the government has to lead the way to assist the logistics industries. For instance, the idea of freight village of city logistics provides the environment to promote logistics efficiency and to reduce operation costs. However it involves large of investments and some problems relating laws and national policies. Without the lead and support of government, achieving the plan is difficult.07:55 PM

The up-growth of international freight transport is contributed by several factors. Firstly, the blossoming of E-commerce pushes ahead the international business activities. Secondly, the change of production strategy needs international cooperation, for example, importing the semi-finished products from countries with cheaper human resources to those with higher technology to assemble the final goods. Thirdly, the pressure of globalized market, such as World Trade Organization (WTO), pushes local industries to promote they to reach an international standard and face the worldwide competition.

Providing a good customer service becomes a necessary requirement of business operation with the intense competition of global market. The quality of services is the main factor

IT techniques and its products bring efficacy and fluency to the logistics systems, Radio Frequency ID (RFID) is one of these techniques. The main difference between the bar-code system and RFID is that RFID does not need the action of scanning the barcode on goods. RFID could save manual operation time dramatically: RFID systems could sense the amount of goods input in the tags automatically and immediately when the costumers push their trolley through the exit