Current Application - Due on Tuesday (15 Points) Find an example, illustration, or application of this week's logistics topics from any of the following sources: The news media (including newspapers, trade publications, magazines, online resources, etc) Your own work experience (either past or present), or An interview with a logistics professional In the Course Documents section, I've provided instructions on how to access our online Library. Many students tell me that they'll access this site and then do a word search on one of the topics for the week. You may well find other sites that you'd like to share. If so, please be sure to include the URL (web address) so that others can access it too. For this assignment, please explain your logistics example to the class (roughly 250+ words) and tie it very specifically into one or more of the logistics concepts under discussion this week. Instructions: Please post your response to Turnitin.. **Provide your thoughts and ideas for this assignment. If you use an article for this assignment, appropriately cite your sources. Do not plagiarize your responses for this assignment.

Chapter 10 Warehousing ManagementIn this chapter we will cover: Role of the warehouse in a logistics systemPublic, private, contract and multi-client warehousingWarehouse design and criteriaOperational issuesWarehousing refers to the storage and maintenance of raw and finished goods. Maintenance would include movement, cycle counting and inventory control, effective storage and retrieval of the merchandise. Main measurements of a warehouse include:Storage capacity used and still availableInventory accuracyMovement measures (pieces moved per hour paid)Safety of employees (accident rate)Public Warehouses: open to the public and customer pays only for the space used. Can be self-serve or full service (pick, pack, etc.)Low fixed costsPay only for what is neededPrivate Warehouses: owned and operated by the company that owns the facility. High fixed costsMaintenance and upkeep requiredFlexible interior design capabilities but locked into the buildingAllows for increased capacity utilizationContract Warehouse: third party often included in the term 3PLProvide full service warehousing including inventory controlNo need to hire, manage overhead, etc. Allows companies to focus on their core competenciesWarehouse Design Define the purpose the facility will serveDefine total capacity needso Square footo Cubic footDefine flow of material and length of time required to maintain materialDefine length of time material sill stayDesign building