7032MAA - Logistics & Supply Chain Economics - Economics Assignment Help

Assignment Task

Background
Wiggley Freight SPRL, a Belgium based logistics business, specialising in value added logistics services for bulky products such as mattresses, home insulation, foam and lightweight plastic materials is based in Zeebrugge, Belgium. They have hired you as a UK Logistics Manager to establish a new distribution operation depot in Coventry to serve a manufacturer of car seats based in Sutton Coldfield who are providing seating components to car manufacturers in Derby, Sunderland and Birmingham. Your role is to establish a viable distribution operation throughout the UK, including return loads. The main purpose of your job is to profitably establish the UK distribution operation, which initially consists of a transport site and warehouse based outside of Coventry with good access to the motorway system, operating a fleet of five vehicles of various configurations and financed using bought, rented and leased assets.
Business is growing and the Belgium Managing Director is considering expanding the distribution operation through the growth of the existing vehicle fleet. The accountant has compiled some vehicle costings data to assist you with answering the following questions posed by the Managing Director.

Module Learning Outcomes assessed in this assignment:
Learning outcome 2: Evaluate key cost structures, revenue generation and investment appraisal methods
Learning outcome 3: Critically appraise the key approaches to costing and pricing of logistics activities
Learning outcome 5: Apply appropriate techniques to judge financial performance of a logistics or supply chain business

Task -

1. Critically assess how variance analysis could be used to control the costs of the distribution operation in Coventry and evaluate its performance.
2. The MD also requires you to evaluate an investment appraisal method that considers the time value of money which could be used to secure an additional warehouse in Derby.
3. Using the costing data provided to calculate the price of freight transport to collect a full trailer load of seats from Sutton Coldfield to Sunderland, which is a journey of 203 miles, using the costs given for contract hiring an artic tractor unit and mega semi-trailer. Ensure your price includes a mark-up of 25%.
4. Critique the assumptions, key costing and pricing methodologies you made to calculate the price of freight transport in the previous question.

This 7032MAA - Economics Assignment has been solved by our Economics experts at My Uni Paper. Our Assignment Writing Experts are efficient to provide a fresh solution to this question. We are serving more than 10000+ Students in Australia, UK & US by helping them to score HD in their academics. Our Experts are well trained to follow all marking rubrics & referencing style.
Be it a used or new solution, the quality of the work submitted by our assignment experts remains unhampered. You may continue to expect the same or even better quality with the used and new assignment solution files respectively. There’s one thing to be noticed that you could choose one between the two and acquire an HD either way. You could choose a new assignment solution file to get yourself an exclusive, plagiarism (with free Turnitin file), expert quality assignment or order an old solution file that was considered worthy of the highest distinction.