D470 Transportation and Logistics REVIEW OA
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Terms in this set (100)
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) Stages Introductory Stage, Growth Stage, Maturity Stage,
Decline Stage
What are the 4 Vs of Operations Volume, Variety, Variability, and Visibility.
Management? (Unilever's Operations
Manageent)
Volume Operational Production Refers to how much production of a specific
Strategy product is required to satisfy its overall demand in
the market. (Physical number of units or items
produced)
Variety Operational Production Related to the variety of goods/services to be
Strategy produced and sold to customers. (Diversity) Selling
various products or services helps organizations
increase sales and profit potential and decreases
product dependency.
,Variation Operational Production Refers to how much the level of demand changes
Strategy over some time due to external factors.
Visibility Operational Production Refers to value chain of a company's all processes
Strategy put 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 Performance Can be counted on to follow through and achieve
results with consistency. (the way it was intended
and on time)
Logistics Reengineering Process Analyze workflows within and between enterprises
(LRP) Goal 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.
Cross-docking A technique whereby goods arriving at a
warehouse from a supplier are unloaded from the
supplier's truck and loaded onto outbound trucks,
thereby avoiding warehouse storage.
Postponement a hybrid production method whereby basic units of
a 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 way to Picking up lots from suppliers after drop-off to
minimize empty miles in customers. (ex. picking up raw materials on the way
transportation? back to the warehouse from customer deliveries)
Operational Decision in Shipping Vehicle maintenance.
Company's Functionality
Operational Decisions Short-term choices typically made on a weekly,
daily, or hourly basis.
Save
Terms in this set (100)
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) Stages Introductory Stage, Growth Stage, Maturity Stage,
Decline Stage
What are the 4 Vs of Operations Volume, Variety, Variability, and Visibility.
Management? (Unilever's Operations
Manageent)
Volume Operational Production Refers to how much production of a specific
Strategy product is required to satisfy its overall demand in
the market. (Physical number of units or items
produced)
Variety Operational Production Related to the variety of goods/services to be
Strategy produced and sold to customers. (Diversity) Selling
various products or services helps organizations
increase sales and profit potential and decreases
product dependency.
,Variation Operational Production Refers to how much the level of demand changes
Strategy over some time due to external factors.
Visibility Operational Production Refers to value chain of a company's all processes
Strategy put 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 Performance Can be counted on to follow through and achieve
results with consistency. (the way it was intended
and on time)
Logistics Reengineering Process Analyze workflows within and between enterprises
(LRP) Goal 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.
Cross-docking A technique whereby goods arriving at a
warehouse from a supplier are unloaded from the
supplier's truck and loaded onto outbound trucks,
thereby avoiding warehouse storage.
Postponement a hybrid production method whereby basic units of
a 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 way to Picking up lots from suppliers after drop-off to
minimize empty miles in customers. (ex. picking up raw materials on the way
transportation? back to the warehouse from customer deliveries)
Operational Decision in Shipping Vehicle maintenance.
Company's Functionality
Operational Decisions Short-term choices typically made on a weekly,
daily, or hourly basis.
