Chapter 6 Modeling dimensions associated with location of warehouse facility in logistics
6.1 Introduction
Worldwide, companies accrue an expenditure of about $350 billion a year on warehousing operations and this number is growing each year as pick sizes shrink and costs become high, which raises pressure not only on margins but also on meeting the service levels. With advancements in technology, warehousing operations are becoming simpler. The growth of ecommerce has led to a proliferation of stock keeping units, and there’s an ever-growing need to please the customers by providing order fulfilment. The design of supply chain network and its management is incomplete without determining the location, design and ...
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