Cross-Docks' Pricing Composition & Appropriat...

Cross-Docks' Pricing Composition & Appropriateness for Different Products Lines

Author Name : Prof. Dr. Suresh Kumar Sharma, Ankita Shukla

DOI: https://doi.org/10.56025/IJARESM.2022.109629

ABSTRACT

In order to efficiently refill the inventory, cross docking is one of the supply chain strategies and a logistics method. Materials are transferred directly from the manufacturing site through inbound deliveries to distribution centres without further storage, unloading shipments, and loading straight to outbound deliveries without any storage in between. Cross docking reduces stocks and transportation costs, boosts output, eliminates waste, and guarantees delivery in 24 hours or less. It also saves a significant amount of time and prevents delays. The main objective of this study would be to evaluate the economic framework involved in running a cross-dock station, as well as to determine the range of goods which are suited in cross-docking & their characteristics, as well as how these factors could impact the various cross-dock cost parts.

Keywords - Cross-docking, in-bound, outbound, consignments, distribution, Different Product lines.