What is cross-docking? What are some of its benefits for manufacturing facilities, distribution centers, and retailers such as Walmart?
What will be an ideal response?
Cross-docking avoids placing materials or supplies in storage by processing them as they are received. In a manufacturing facility, product is received directly by the assembly line. In a distribution center, labeled and presorted loads arrive at the shipping dock for immediate rerouting, thereby avoiding formal receiving, stocking/storing, and order-selection activities. Because these activities add no value to the product, their elimination is 100% cost savings. For retailers such as Walmart, cross-docking reduces distribution costs and speeds restocking of stores, thereby improving customer service.
You might also like to view...
An organization that has tightly shared norms, beliefs, and values among organizational members is said to have a(n) ______ culture.
a. normative b. aligned c. strong d. successful
List three examples of topics contained in the business proposition segment of a sales presentation for an industrial product.
What will be an ideal response?
Sellers and lessors are not required to make express warranties
Indicate whether the statement is true or false
Examples of a potential resource weakness or competitive deficiency for a company do not include
A. lack of a strong brand image and reputation (as compared to rivals) B. less productive R&D efforts than rivals C. having a single, unified functional strategy instead of several distinct functional strategies D. too narrow a product line relative to rivals E. higher overall unit costs relative to rivals