Questions and Correct
Answers | New Update
what is stores? - ANSWER ✔✔Stores tend to be small, local-level
storage, such as you might find at ward level in a hospital or at the back
of a vehicle mechanic's workshop. Many organisations will have both -
for example, a small storeroom at a retail shop on a high street, which is
backed up by a warehouse at another larger and more cost-effective
location.
wj=at is a warehouse? - ANSWER ✔✔Warehouses are much bigger
buildings and come in two distinct types. They can either be integrated,
,which means they sit on the same site where the materials or products
are required, or stand alone. This means they're not connected to any
retailing, assembly or manufacturing facility.
what can warehouses also be described as? - ANSWER ✔✔-
distribution hubs
- distribution centres
stockyards - ANSWER ✔✔Warehouses often have protected outside
areas called stockyards, to store oversized or sometimes hazardous
material, which we'll look at in more detail later.
Location considerations - ANSWER ✔✔- within or outside the EU,
can leverage tax and trade agreements. Proximity to suppliers and
recipients influences efficient deliveries, so you'll decide if they must be
in the same country
- physical location and distribution requirements within the selected
country. This will help you to decide if the warehouse needs to be close
to a port or main roads, for better and faster logistics.
- Logistics pertains to goods' movement and transport in commerce.
Warehouses typically work alongside a logistics function, moving goods
between places like customers, ports, suppliers, and other warehouses.
, Importance of good logistical links - ANSWER ✔✔At a micro-level,
this could involve choosing a warehouse near a specific operational
centre or a store strategically placed in a region of the country.
An example of this is evident in national defence contexts, where a
centralised warehouse is positioned in a strong, central location with
excellent logistical connections to supply the entire country, such as in
the case of the UK.
Smaller regional warehouses complement this setup, serving localised
areas and specific end-users, such as airbases or ports. These regional
warehouses cater to the distinct needs of user groups like branches of
the armed forces.
By strategically placing stores, this approach optimises supply chain
logistics to meet diverse operational needs effectively.
Economic considerations - ANSWER ✔✔Goods can be delivered
from one centralised location to multiple customers, either on a one-to-
one basis or through route-planning multiple deliveries. Trying to find the
most efficient route around the network is described in academic terms
as the travelling salesman problem. How does a travelling salesperson
get around all of their potential customers in the most efficient way
possible?
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