A Supply Chain & Logistics Economics for StratoLogistics Ltd

A Supply Chain & Logistics Economics for StratoLogistics Ltd
hired by StratoLogistics Ltd, a small logistics service provider, based in Coventry as a Commercial Manager. The main purpose of your job is to develop and market new transport and logistics services to shippers, retailers and manufacturing businesses and gain contract work from global brands.

The company operates a warehouse and a fleet of 10 trucks from its head office in Coventry. The accountant has given you some costings data that has been compiled by the Managing Director.

Requirements and Deliverables

1.You have been tasked by the Managing Director to analyse the UK logistics market that StratoLogistics Ltd competes within from a macro and micro economic perspective. This will involve examining the overall behaviour of the UK freight logistics market using a macro economic model and discussing how price affects supply and demand for freight logistics services using micro economic theories.

20 marks (learning outcome 1)

2. The MD also requires you to evaluate two investment appraisal methods and

explain the difference between marginal and activity based costing which could be used to purchase an additional vehicle. 10 marks (learning outcome 2)

3.Using the costing data provided to calculate the price of transport to move an artic load of ceramic hand basins from Crappy Ceramics Ltd in Coventry to Gloucester,

which is 52 miles away, using the costs given for rental. Ensure your price includes a mark-up of 70%. Critically appraise the key costing and pricing assumptions you

have made in your calculations. 20 marks (learning outcome 3)

4.Include evidence online in Moodle, of participation in at least four workshops (two from each topic area) during the delivery of the taught material.

10 marks (all learning outcomes)

You have decided the best way to tackle this project is by examining UK government economics data and statistics available at the Office for National Statistics. Academic case studies and market research companies that assess industry sectors such as the Freight Transport Association, Road Haulage Association, Keynotes, and Mintel would be helpful in gaining an idea of the services offered by businesses involved in the transport and logistics service market sector such as express pallet, courier and parcel services and the road haulage industry as a whole.

Your report for the Managing Director should be no more than 3,000 words in length and including a referenced bibliography to be on his desk by Friday 29th April 2016.

Word Count to be shown and complied with and should not include bibliography.

Coursework Guidance

1.Appraise the economics of supply and demand applied to logistics and supply chains

2.Evaluate key cost structures, revenue generation and investment appraisal methods
3.Critically appraise the key approaches to costing and pricing
4.Formulate forecasts and models of basic logistics activities using simple statistical and mathematical tools
5.Apply appropriate techniques to judge financial performance of a logistics or supply chain business.

The overall grade will be influenced by the application of the chosen case study as well as the clarity and justification of ideas presented in the report.

A basic report which meets the learning outcomes with basic referencing and obvious justifications will earn a pass grade of 24/60 (40%) or above.

A grade of 30/60 (50%) will contain an adequate level of application and understanding of logistics strategies with adequate justifications.

A grade of 36/60 (60%) and above will contain a good level of application and appreciation of logistics strategies and be well applied with good justifications.

A grade of 42/60 (70%) and above will demonstrate a level of excellence of application and appreciation of logistics strategies and be well applied with excellent justifications.

Report Format

The written report should have a clear structure, which is evident through the use of a numbering system and/or styles of headings. These indicate a hierarchy of different levels of importance or significance.

It will be necessary to organise ideas and plan this structure in advance of writing the detailed content.

This approach is different to an ‘essay’ style, which relies on the use of paragraphs and link sentences to indicate changes of topic.
M22aae assignment_Apr16.doc 2

M22AAE Supply Chain & Logistics Economics
Costing data for StratoLogistics Ltd’s vehicle fleet & staff
Price per Artic per 5 day week £380
Price per Trailer per 5 day week £100
Contract Hire
Price per Artic per 5 day week for 1 year contract £350
Price per Trailer per 5 day week for 1 year contract £90
Driver Agency costs
One driver per 8 hour day (over time after 40 hours at time and a half) £90
Price per Artic per 5 day week for 6 year operating lease £290
Price per Trailer per 5 day week for 6 year operating lease £60
Depreciated to zero over 6 years
New Volvo FH16 425 bhp 6×2 Artic tractor unit £90,000
New Fruehauf platform trailer £18,000

You pay your drivers £20,000 per year fixed salary for an eight hour minimum day.

Fuel currently costs £4.95 a gallon (£1.10 per litre) and the new Volvo FH16 425 bhp 6×2

Tractor unit has an average fuel economy of 8 miles per gallon.

Other annual costs in the transport office include:

Management costs: £26,000 p/yr for a Supervisor

Overhead costs: £280 p/yr telephones & telematic technologies Assume there are 250 working days a year

Order a unique copy of this paper
(550 words)

Approximate price: $22

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

We value our customers, and so ensure that our papers are 100 percent original. Our Team of professionals does not miss the mark; they ensure that step by step each paper is written uniquely. We never duplicate or work as we compare papers rest assured. We deliver our work a day before time to ensure that you don’t miss your deadlines. It is not only doing the work but delivering it at the right time. We capture the consequences of late remittances. .

Money-back guarantee

We value customer satisfaction here at popularessaywriters.com and make sure that you get the best value for your Money. It happens that sometimes you can pay twice for your order or may want to cancel it, or you feel that it doesn’t meet your requirements; our money back guarantee will give you the opportunity to get back your money. We will also refund 100% of money paid double. In case your paper does not satisfy your requirements , we request that you notify us via writing within 2 days otherwise on the third day we will assume that you have been satisfied. Do all your correspondences through our email address popularessaywriters@gmail.com.

Read more

Zero-plagiarism guarantee

At popularessaywriters.com, our professional writers know the consequence plagiarism does for our clients. We have updated software’s such as article checker and copyscape to check for originality of the custom papers before submission of the final paper to the you. Our guarantee to the customer is that we will write 100% original papers for them that are quality, timely and of low cost. We have experienced professional and competent PhD writers who will write quality custom papers for you..

Read more

Free-revision policy

. At popularessaywriters.com, we are proud to provide top-quality Essay writing service to our esteemed customers. We are ready to take up that challenging academic assignment that is giving you sleepless nights and simplify it for you according to your desired requirements. We are willing to revise your paper if it does not meet your requirements. At popularessaywriters.com, we do not compromise with quality; thus, we offer unlimited free revisions until the customer is satisfied with their custom paper. Our unlimited free revision services are provided under the following terms:.. .

Read more

Privacy policy

Popularessawriters.com knows that client’s information is an essential tool for our company. It means that whatever the client requests from our service is kept strictly confidential. It means that whoever writes for this company understands the terms and conditions hence you should not be worried because you will never see your work somewhere else...

Read more

Fair-cooperation guarantee

Rest assured that we will always be attentive to your needs and requirements. We belief in the phrase treat your neighbour as you would want them to treat you. We leave nothing to chance and always look forward to a good interaction with each other.. .

Read more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages