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By K. Beal

This advisor will end up a good support to companies in offering the pratical suggestion that may allow them to grasp the artwork of logistics so it may be used to their most sensible enterprise virtue

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3d. ii) efficiency - performing the design, planning, and production activities in the shortest possible lead time. iii) effectiveness - responding to the past, present and future needs of the customers and the marketplace. 3c Cost Determination vs Cost Occurrence. 3d The cost of correcting design errors escalates rapidly. 3 STORAGE -Classes of storage. - Storage methods. - Pick/Place techniques - Economic Factors Storage and warehousing are necessary activities for every manufacturing and distribution company.

Demand Forecasting Demand forecasting is required to create the parts planning for long lead time materials. Inaccurate demand forecasts lead to extensive re-planning when the 38 actual customer demand becomes known. If the time of receipt of the customer demand is within the lead time of the materials on order, re-scheduling and expediting of the "on order" material is required. Inventory profile The amount of inventory in the total supply chain is directly proportional to the lead time. Since the total supply chain inventory carrying costs are reflected in the ultimate prices charged to the customer, it is beneficial to review the pipeline and systematically reduce lead times.

Floor space is saved at the expense of a slowing down in the pick operation. Suitable for storing items such as files, records, small featurised assemblies, etc. ix) Conveyor storage for buffer storage of work-in- progress items. Primarily used for line-balancing. Short sections of conveyor are used within the production process to regulate the flow of work items between work centres. The 49 work centres may be connected to a central conveyor where the speed of the conveyor determines the work rate, to an endless loop conveyor with work items being withdrawn at the operation work rate, to a spur conveyor acting as an item accumulator, or to a shuttle that regulates the arrival rate of a batch of items.

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