Page 255 - DMGT551_RETAIL_BUSINESS_ENVIRONMENT

Retail Business Environment

Notes Transportation cross docking: Consolidating shipments from different shippers in the LTL and
small package industries to gain economies of scale.

Unit load formation equipment: It is used to maintain integrity when handling a single load
during transport and for storage. It includes pallets, bags and skids.

12.11 Review Questions

1. Provide a definition and an example of strategic storage from a logistical system you are
familiar with.
2. Discuss and illustrate the economic justification for establishing a warehouse. How do
you determine the number of locations and size of the facilities.
3. Why would a warehouse be used to perform consolidation operations? How does this
differ from break bulk operations?
4. “Public warehousing is not of great interest to private industry.” Do you agree? Justify
your answer based on the functionality and economic benefits of public warehousing.
5. “The main objectives of material handling are to prevent damage and improve
productivity.” Critically discuss this statement.

6. Material handling equipment can be generally classified as: (a) Transport equipment,
(b) Positioning equipment and (c) Unit load formation equipment. Classify the different
equipments described in the unit on the basis of this categorization.
7. What do you know about the different types of conveying equipment and fork lift used by
industry?
8. Why is stock verification important? How do excesses and shortages occur? Discuss how
you would treat them and why.

Answers: Self Assessment

1. store or warehouse 2. logistics
3. Consolidation warehousing 4. Long
5. cross-docking 6. Retail
7. Pre-distribution 8. Positioning
9. Conveyors 10. GRN
11. Perpetual 12. material

12.12 Further Readings

Books Sunil Chopra, Peter Meindl, D.V. Kalra, Supply Chain Management.
Upendra Kachru, Exploring the Supply Chain, Excel Books, Delhi.

Online links www.osas.com/downloads/trav_wm_spec.pdf

www.axzopress.com/downloads/pdf/1560523611pv.pdf

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