Principles of Logistics BUSS- B- 2001

Principles of Logistics BUSS- B- 2001

CW1 (Assignment)

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Proposal work

  • Understanding of deliverables:
  • Task2:
  • Q1: Marketing mix must be made in four different areas using multiple sources and graphics, including product, pricing, place and promotion, so that two products are not durable and two are durable.
  • Q2: Drawings and product life cycle details should be shown for all four selected products.
  • Q3: part a: Through the case study described, a blueprint for the new pharmaceutical supply chain should be drawn.
  • Q3: part b: It is through secondary sources that suppliers and manufacturers must be discovered as part of the supply chain.
  • Q4: part a: Why it is bad to hold large stocks should be discussed with the reasons.
  • Q4: part b: What are the risks involved in keeping stock levels as low as possible.
  • Q4: part c: Where does the logistics chain begin if stocks are held near the beginning of the logistics chain.
  • Initial understanding of solution:
  • Task2:
  • Q1: Durable goods are considered durable goods, and it is an economic indicator issued by the Bureau of Statistics that reflects the requests of new companies to manufacturers to deliver solid goods where these goods never wear out. Non-durable goods are soft goods and consumables. They are consumable immediately and have a lifespan of less than three years.
  • Q2: Product Life Cycle A term for the length of time in which a product is introduced to the market and consumers should be illustrated by graphics.
  • Q3: part a: Through the scenario, a drawing will be made showing the supply chain with indicating the square for the product, the triangle for the inventory location, and the arrow indicating the flow of goods.
  • Q3: part b: There are different suppliers and manufacturers that can supply the industry with the requirements that will be researched.
  • Q4: part a: One of the disadvantages of maintaining excess stock is that the inventory becomes out of stock as the value and quality of the product decreases.
  • Q4: part b: The risk of holding low stocks is due to their running out of stock and customer demand being more than expected.
  • Q4: part c: By holding stocks near the beginning of the logistics chain, you will find where to start.
  • Timeline:
  Tasks   Start date   End date   Durations
Q1 2/4/2021 5/4/2021  4 days
Q2 5/4/2021 8/4/2021 4 days
Q 3: part a 9/4/2021 10/4/2021 2 days
Q3: part b 11/4/2021 13/4/2021 3 days
Q4: part a 13/4/2021 15/4/2021 3 days
Q4: part b 16/4/2021 18/4/2021 2 days
Q4: part c 19/4/2021 22/4/2021 4 days
Final report 23/4/2021 24/4/2021 2 days

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