ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Transportation Cost
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Warehousing Cost
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Inventory Cost
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All of the above.
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Detailed explanation-1: -Warehousing makes it easier to receive, store and distribute the goods as all the goods are stored in a central location. This helps in reducing transportation costs and increasing the value of goods as products are available at the right place, at the right time.
Detailed explanation-2: -Access all areas. Long rows look great for company brochure photos and for demonstrating your stockholding, but they don’t help much with access around the warehouse. Order characteristics. Goods in. Storage needs. Packing area. 07-Aug-2017
Detailed explanation-3: -Rent Rates & Taxes. Workforce Availability, Labor Skills & Costs. Roads, Highways & Traffic Flow. Proximity to Airport, Railway Stations & Ports. Markets & Local Environment Factors. Building Availability & Utility Costs.