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Models in Logistics Management

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Various quantitative models from the  Operation Research Literature  can be used to address the decision areas in  Logistics. Location models:-  These models help in planning the optimal location of plant or warehouses, considering the inbound and outbound transportation costs and infrastructure cost at the locations.  Allocation models:-  These models help in optimally allocating commodities from sources to destinations in a multiple sources, multi destination environment. The costs consider for optimization are the production cost, transportation cost and warehousing. Distribution network design models:-  These models are usually comprehensive in nature deciding between a two, three or even four stage distribution network, location of warehouses and break bulk points and sometimes even the transport mode choice. Inventory models:-  Inventory models play a key role in Logistics Management. The inventories that are directly affected due to outbound logistics are  Finished

How To Apply Right INCO- Terms In Certain Case.

In Logistics it is very important to choose a right INCO-Terms for your business. Here is a slide show about how to choose a right INCO- Terms if some conditions arise. It is my point of view for this case, may be your views are different. So it is my request to you that please write here your views also for this spacial case. Please write your views either in the comment box or join this site as a member and write your views like a member.

Defense and Limits for Multimodal Transport Operator

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Defense and Limits for MTO -----       The defenses and the limits of the liabilities provided for in this Multimodal transport Document shall apply in action against the Multimodal Transport Operator in respect of loss resulting from loss of or damage to goods; delay in delivery and any consequential loss or damage arising from such delay.  -----      If any action in respect of loss resulting from loss of, or damage to, the goods or from delay in delivery is brought against the servant or agent of the Multimodal Transport Operator, if such servant or agent proves that the acted within the scope of his employment, or against any other person whose service he makes use for the performance of the Multimodal Transport Contract, if such other person proves that he acted within the performance of the contract, the servant or agent or such other person shall be entitled avail himself of the defenses and limits of liability which the Multimodal Transport Operator is e

Applicability of UNCTAD/ICC Rules

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 Applicability for Multimodal Transport Document :-  These rules apply when they are incorporated, however this is made, in writing, orally or otherwise, into a contract of carriage by reference to the “UNCTAD/ICC Rules for Multimodal Transport Document” , irrespective of whether there is a Unimodal or a Multimodal Transport Contract involving one or several modes of transport or whether a document has been issued or not. Whenever such a reference is made, the parties agree that these rules shall supersede any additional terms of the Multimodal Transport Contract which are in conflict with these rules, expect insofar as they increased the responsibility or obligations of the Multimodal Transport Operator. Multimodal Transport Contract means a single contract for the carriage of goods by at least two different modes of transport and Multimodal Transport Operator means the person who concludes a Multimodal Transport Contract and assumes responsibility for the perf

Evidentiary Effect of the Multimodal Transport Documents

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Evidentiary Effect of the Multimodal Transport Documents :- 1)  The Multimodal Transport Document shall be prima facia evidence of the taking in charge by the Multimodal Transport Operator of goods as described therein. 2)   Proof of contrary by the Multimodal Transport Operator shall not be admissible if the Multimodal Transport Document issued in negotiable form and has been transferred to a third party, including a consignee, who has acted in good faith in reliance on the description of goods there in. Negotiability and Title of the Goods :-   By accepting the Multimodal Transport Document the consignor and his transferees agree with the Multimodal Transport Operator that, unless it is marked "non- negotiable" it shall constitute title to the goods and the holder, by endorsement of this Multimodal Transport Document, shall be entitled to  receiver to transfer the goods mentioned in this Multimodal Transport Document.

Size of Container Yard

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It will depend upon the optimum number of containers to be store at any given time which is a function of the dwell time (DT) of containers which are separate for imports, exports and empty containers. Normally seven days for import, three days for export and 15 days for empties is considered pragmetic. Imports = 6400 TEUs/annum or 18 per day. At 7 days DT for each, the average inventory will be :    18*7=126 TEUs exports = 1600 TEU/annum or 5 TUs/day at 3 days DT for each, average inventory will be    5*3=15 TEUs empties = 4800 TEUs/annum or 14 TEUs/day at 15 days DT, average inventory will be :    14*15 or 210 TEUs Daily total average inventory = 126+15+210=351 The total storage capacity of CY should in the case be 351 of which the ground slot will be a fraction of the stake height. While equipment available may be capable to stake five high, full capacity can not be used for operating consideration as containers have to be shuffled for access and if the stake is f

Ed News

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Ed News  Join Study is started a new program for students of South Asia . Those students who are from low income family background and can't afford costly tutoring service for them Join Study has started free online tuition classes. It is really a very helpful for students of South Asia.   Join Study is working for Skill Development in South Asia. Its free classes and free study help to the students of South Asia who are from low income family background is really appreciable . We welcome its work in entire wold and also for the professionals and students of South Asia. I think that professionals and students of South Asia has to accept this advantages  provided by Join Study.