Warehouse Management
Description
The speed of commerce today means that logistics and freight companies must respond with faster throughput times while lowering costs to squeeze more from already narrow profit margins. Market trends such as value-added services growth, and increased automation are transforming the way logistics providers do business. Further, E-commerce is growing at an exponential pace and the diverse fulfillment, distribution and delivery points require integrated digital and physical inventories and transportation tracking.
Warehouse management plays a strategic role in the supply chain by enabling inventory distribution, sorting, or cross-docking processes that strive to meet the growing demand of the market. Consequently, managers must ensure that a firm’s warehousing strategy supports its competitive strategy.
Answer the following:
1. What is the economic justification for the rapid growth of premium package services?
2. In terms of basic handling, what is the role of a basic load?
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