Logistics Fundamentals & Processes PGDLM Question Paper : iimm.org

College : Indian Institute Of Materials Management
Degree : PGDLM (PG Diploma in Logistics Management)
Subject : Logistics Fundamentals & Processes.
Document Type : Question Paper
Website : iimm.org

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IIMM Logistics Fundamentals & Processes Question Paper

INDIAN INSTITUTE OF MATERIALS MANAGEMENT
Post Graduate Diploma in Logistics Management
Paper – 2
DATE: 10.6.2012
Max. Marks: 100
Time : 10.00 a.m. to 1.00 p.m.
Duration: 03 Hrs.

Related : Indian Institute of Materials Management Distribution Management PGDLM Question Paper : www.pdfquestion.in/6687.html

Instructions

1. From part”A”, Each sub-question carries 01 marks Total Marks 32
2. From”B”, answer any 3 out of 5 questions each question carries
3. Part ”C” is a case study with sub question – 20 Marks. (compulsory)
4. Please read the instruction on the answer sheet.

PART-A

Total: 32 Marks
Q1. State True or False:
1.1 Effective logistics’ network requires a cooperative relationship between suppliers & customers
1.2 Transportation by rail is not economical for bulk and long hauls.
1.3 Inventory carrying costs are those that are associated with the storing of inventory items.
1.4 Transportation is the operational area of logistics that geographically positions inventory.
1.5 The area of physical distribution does not concern movement of a finished product to customers.
1.6 Information flow identifies specific locations within a logistical system that have requirements.
1.7 Logistical objective is not to seek continuous quality improvements.
1.8 One of the most significant logistical costs is transportation.

Q2. Fill in the blanks :
2.1 Customer service is the … element in developing a logistics strategy.
2.2 The building/premises where materials on which customs duty has not been paid are called …… warehouses.
2.3 Safety stock is held in excess of cycle stocks due to ………… in the market demand or the lead …. variability.
2.4 The ideal location for just in time inventory warehouse would be ……… to the production facilities so that material handling is ………
2.5 Logistics involve the ……….. of information, transportation, inventory, warehousing, materials handling and …………
2.6 The overall …. of logistics is to achieve a target level of customer service at the …… possible total cost.
2.7 The operational management of logistics is concerned with ……… and ……. of materials and finished products.
2.8 Rapid response is concerned with a firm’s ……. to satisfy customer service requirements in a ……. manner.

Q3. Match the following from Column A and Column B correctly :
Column A  – Column B :
1. Most important logistics drivers of change – a) No of tons of stores, fuel and cargo that a ship can transport from one place to another.
2. Operational flexibility – b) does impact customer service and costs.
3. Transportation – c) getting products and services where they are needed and when they are desired.
4. Industrial logistics costs – d) geographical positioning of raw materials, WIP and finished inventory where required at the lowest cost possible.
5. Dead weight tonnage – e) refers to a firm’s ability to handle extra-ordinary customer service requests.
6. Inventory planning – f) packing, handling, storage and transportation.
7. logistics is concerned with – g) was wide spread adoption of total quality management.
8. Operational responsibility of logistics – h) guidance concerning what to purchase/manufacture, when to take action & in what quantity.

Q4. Expand the following :
2.1 ROI
2.2 DRP
2.3 EDI
2.4 KPI’s
2.5 EVA
2.6 SKU
2.7 VLCC
2.8 MRP

PART- B

Total (3×16 = 48) Marks
Answer any three from the following questions :
Q1. Discuss the various techniques for inventory control. Indicate the merits and demerits.
Q2. Explain key logistics management activities required for smooth flow of products from point of origin to point of consumption.

Q3. Why are material handing equipments necessary in warehousing? Explain various types of material handling equipments and their usage for bulk raw materials, petroleum products, spares and consumables and finished goods.

Q4. Write short notes on any four of the following :
a) Third party logistics.
b) Role of Codification in Stores.
c) Importance of inspection of materials.
d) Customer service.
e) Stock valuation.
f) Supplier Evaluation.
g) Electronic Data Interchange.

Q5. What are the factors affecting carriers decision? Indicate the types of inventory planning? What are the factors that influence transport economics?

Part – C

Case Study : Compulsory (Total: 20 Marks).
M/s ABC Bearings Limited Pune, has been supplying various types of bearings to Railways for production as well as maintenance requirements. The firm is a market leader in its segment and is a regular supplier to a other large number of companies including MNC’s. The firm has also been importing some of the bearings from their principals abroad for supplying to railways. The bearing company has been consistently maintaining a very good market reputation, including the railways and is known for maintaining quality, reliability and timely delivery of the bearings.

As a newly joined Purchase Head of this bearing company, how do you address the railways concerns such as :
a) Procurement is to be made directly from the Company and not through its dealers or stockiest.
b) How do the railways obtain the best value for money for the purchases made by obtaining Competitive prices?

c) How do you address the quality concerns?
d) How does the bearing company minimize its logistic costs by streamlining dispatches and ensuring that only genuine products get transported and delivered?