Product
Warehouse
Warehousing solution as part of logistics management systems which is itself a component in the SC. It does a contribution to reduce costs and improved service, flexibility, and responsiveness by its value:
- Storing product to fulfill customer demand and protect against uncertainties in demand and lead-time
- Providing customers with product assortment
- Postponing or delaying inventory commitment to form or location until demand is better known
- Achieving low total cost and improved lead-time through consolidating multiple orders
- Reducing lead-time through cross-docking
- Sequencing materials and components from multiple third-party logistics providers for time-based delivery to factory production lines
- Performing light manufacturing, assembly, and kitting
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