Social Sciences Business Business management
D470 Transportation and Logistics
volume-to-weight ratio volume (L x W x H)/weight
Helps ensure efficient space utilization and compliance
with mode restrictions.
Product Life Cycle (PLC) Introductory Stage, Growth Stage, Maturity Stage,
Stages Decline Stage
What are the 4 Vs of Volume, Variety, Variability, and Visibility.
Operations
Management? (Unilever's
Operations Manageent)
Volume Operational Refers to how much production of a specific
Production Strategy product is required to satisfy its overall demand
in the market. (Physical number of units or
items produced)
Related to the variety of goods/services to
Variety Operational be produced and sold to customers.
Production Strategy
(Diversity) Selling various products or services
helps organizations increase sales and profit
potential and decreases product
dependency.
,Variation Operational Refers to how much the level of demand
Production Strategy changes over some time due to external
factors.
Visibility Operational Refers to value chain of a company's all processes put
Production Strategy together.
Project Production one-at-a-time production of a product made to
customer order
Mass Production Process of making large quantities of a product quickly
and cheaply
Continuous Production the production of a very-high-volume
commodity product with highly automated
equipment. Machines constantly make the
product.
Batch Production producing a limited number of identical
products - each item in the batch passes
through one stage of production before
passing on to the next stage
Time Performance A measure of how often a supplier meets
agreed-upon delivery dates (used in
supply-chain management metrics).
Quality Performance The product or service performs its intended
function as identified by the consumer.
(minimize waste)
, Flexibility Performance The ability to respond proactively or reactively
to uncertainties in the business environment.
Dependability Can be counted on to follow through and
Performance achieve results with consistency. (the way it
was intended and on time)
Logistics Reengineering Analyze workflows within and between
Process (LRP) Goal enterprises in order to optimize end-to-end
processes and eliminate tasks that don't
provide customer value. Used to achieve
significant improvements in operational efficiencies.
Reverse Logistics The area of logistics that involves bringing
goods back to the manufacturer because of
defects or for recycling materials.
A technique whereby goods arriving at a
Cross-docking warehouse from a supplier are unloaded from
the supplier's truck and loaded onto
outbound trucks, thereby avoiding
warehouse storage.
a hybrid production method whereby basic units of a
Postponement finished good are
manufactured in advance of actual demand and
held in strategic form or location until demand
occurs, when final customization takes place
What is the most efficient Picking up lots from suppliers after drop-off to
way to minimize empty customers. (ex. picking up raw materials on
miles in transportation? the way back to the warehouse from
customer deliveries)
Operational Decision in Vehicle maintenance.
Shipping Company's
Functionality
Operational Decisions Short-term choices typically made on a weekly, daily, or
hourly basis.
D470 Transportation and Logistics
volume-to-weight ratio volume (L x W x H)/weight
Helps ensure efficient space utilization and compliance
with mode restrictions.
Product Life Cycle (PLC) Introductory Stage, Growth Stage, Maturity Stage,
Stages Decline Stage
What are the 4 Vs of Volume, Variety, Variability, and Visibility.
Operations
Management? (Unilever's
Operations Manageent)
Volume Operational Refers to how much production of a specific
Production Strategy product is required to satisfy its overall demand
in the market. (Physical number of units or
items produced)
Related to the variety of goods/services to
Variety Operational be produced and sold to customers.
Production Strategy
(Diversity) Selling various products or services
helps organizations increase sales and profit
potential and decreases product
dependency.
,Variation Operational Refers to how much the level of demand
Production Strategy changes over some time due to external
factors.
Visibility Operational Refers to value chain of a company's all processes put
Production Strategy together.
Project Production one-at-a-time production of a product made to
customer order
Mass Production Process of making large quantities of a product quickly
and cheaply
Continuous Production the production of a very-high-volume
commodity product with highly automated
equipment. Machines constantly make the
product.
Batch Production producing a limited number of identical
products - each item in the batch passes
through one stage of production before
passing on to the next stage
Time Performance A measure of how often a supplier meets
agreed-upon delivery dates (used in
supply-chain management metrics).
Quality Performance The product or service performs its intended
function as identified by the consumer.
(minimize waste)
, Flexibility Performance The ability to respond proactively or reactively
to uncertainties in the business environment.
Dependability Can be counted on to follow through and
Performance achieve results with consistency. (the way it
was intended and on time)
Logistics Reengineering Analyze workflows within and between
Process (LRP) Goal enterprises in order to optimize end-to-end
processes and eliminate tasks that don't
provide customer value. Used to achieve
significant improvements in operational efficiencies.
Reverse Logistics The area of logistics that involves bringing
goods back to the manufacturer because of
defects or for recycling materials.
A technique whereby goods arriving at a
Cross-docking warehouse from a supplier are unloaded from
the supplier's truck and loaded onto
outbound trucks, thereby avoiding
warehouse storage.
a hybrid production method whereby basic units of a
Postponement finished good are
manufactured in advance of actual demand and
held in strategic form or location until demand
occurs, when final customization takes place
What is the most efficient Picking up lots from suppliers after drop-off to
way to minimize empty customers. (ex. picking up raw materials on
miles in transportation? the way back to the warehouse from
customer deliveries)
Operational Decision in Vehicle maintenance.
Shipping Company's
Functionality
Operational Decisions Short-term choices typically made on a weekly, daily, or
hourly basis.
