This topic contains a solution. Click here to go to the answer

Author Question: What are the current trends governing site selection?[br][br][b][color=#165FFA]Question ... (Read 42 times)

sabina

  • Hero Member
  • *****
  • Posts: 563
What are the current trends governing site selection?

Question 2

Describe the top-down approach to developing new products.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ynlevi

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

A number of trends in today's logistics environment may have a significant effect on decisions involving logistics facility location. Included among these are the following:
 Strategic positioning of inventories, such that fast-moving, profitable items may be located at market-facing logistics facilities. Slower-moving, less profitable items may be located at more regional, or national, facilities.
 Aside from a general trend toward the elimination of many wholesaler/distributor operations, companies are moving to greater use of customer-direct delivery from manufacturing and other upstream supply chain locations. Many times, this bypasses and diminishes the need for complete networks of distribution facilities.
 There is a growing use of and need for strategically located cross-docking facilities that serve as transfer points for consolidated shipments that need to be disaggregated or mixed into typically smaller shipments for delivery to individual customers. An example of this would be the consolidation of multiple-vendor shipments into full trailer loads being shipped to retail stores or points of use. Applied to inbound movements, this concept can significantly reduce the need for inbound consolidation facilities.
 Due diligence for location and site selection decisions is placing great emphasis on access to major airports and/or ocean ports for import and export shipments.
 Greater use of providers of third-party-logistics services, who may assume part or all of the responsibility for moving a firm's products to its customers, and/or moving its inbound parts and materials to its manufacturing process. In the global setting, many of these companies are developing specialized abilities to facilitate the movements of import and export shipments.

Answer to Question 2

Some companies take a nearly exclusively top-down approach and use a new product development process that follows three simple steps: idea creation, design and development, and commercialization. Marketing is essentially an afterthought to help with the final commercialization and launch phase before introducing the product to customers. Note that just because the top-down approach has few steps in the process doesn't mean the products are simple. Top-down is also called inside-out because the idea comes from within the company, and then feedback from the outside (customers, suppliers, etc.) is sought later in the process.




sabina

  • Member
  • Posts: 563
Reply 2 on: Jun 28, 2018
:D TYSM


duy1981999

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Gracias!

 

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

For a complete list of videos, visit our video library