From the course: Supply Chain and Operations Management Tips

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Manage transportation decisions

Manage transportation decisions

From the course: Supply Chain and Operations Management Tips

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Manage transportation decisions

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- Imagine that your business is on the ground floor of a building. Your customers are up on 10 and you have three ways to transport your products to them. An elevator, an escalator, and a staircase. They all do the same basic job. They can all move your products from one floor to another. But each of these modes of transportation has different costs and different performance characteristics. In this video we'll see how to evaluate your transportation options and help you manage the trade offs between cost and performance. When it comes to transporting products you generally have several different modes that you can choose from. For example, to move things from one continent to another you might be choosing between a ship or an airplane. To move things over land you might choose between using a train or using a truck. Each of these forms of transportation is a different mode. The modes that you can choose from depend on the origin, where you're shipping a product from, and the…

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