Enumerate and Define the following below.

And in your own words

1. What is an Enterprise Facility Network?

Enterprise Facility Network is essential if a firm is using logistical competency to

gain competitive advantage. Also, Integration must extend beyond a single firm by
supporting relationship across the supply chain. Nowadays, it is necessary to organize
an enterprise network according to the integration of all enterprise operations and to
develop a structure where knowledge is organized in order to identify the need for
changes in the enterprise. 

2. What are the Warehouse Requirements?

Warehouses are facilities that provide the proper environment for the purpose of
storing goods and materials that require protection from the elements. Warehouses
must be designed to accommodate the loads of the materials to be stored, the
associated handling equipment, the receiving and shipping operations and associated
trucking, and the needs of the operating personnel. Before commencing your business
in the Philippines, you need to secure a business permit or Mayor’s permit, as it is
commonly called, from your local government where your business is located. Here are
some notes on business permits. Business permits expire on the 31st of December
unless the permits are issued on a quarterly basis, must be renewed before January 20
of the following year, Different requirements per city, for new applications, the
requirements usually are: barangay clearance, zoning clearance, environmental permit
to operate, fire clearance, etc., Lease contract or proof of ownership, Sketch of the
Location, Fire Safety Clearance

3. What is a Total Cost Integration?

Total cost approach to is the key to managing the logistics function. Management
should strive to reduce the total cost of logistics rather than the cost of each activity.
So, logistics must be viewed as an integrated system rather than the individual system,
because reduction in one cost invariably led to increase the cost of other components.
Effective management and real cost savings can be accomplished only by viewing
logistics as an integrated system and minimizing its total cost given the firms customer
service objectives.

4. What is a Formulating Logistical Strategy?

 A logistics strategy allows you to identify how imminent changes impact the
company so that you can make the necessary organizational or functional changes to
ensure service levels are not reduced.

5. What is a Safety Stock Modification?

Safety stock is an extra quantity of a product which is stored in the warehouse to

prevent an out-of-stock situation. It serves as insurance against fluctuations in demand.
Safety stock helps eliminate the hassle of running out of stock. If you hold sufficient
safety stock, you needn’t rely on your suppliers to deliver quickly or turn away
customers because of depleted inventory levels. Safety stock covers you until your next
batch of ordered stock arrives.