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Implementing third-party logistics to decrease the lead times of Flying Fish eFoils

Broekman, Davy (2022) Implementing third-party logistics to decrease the lead times of Flying Fish eFoils.

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Abstract:Flying Fish eFoils B.V., known as Flying Fish, is a start-up company which was created in 2019 and is based in Amsterdam. The company mainly focuses on the sales of their e-foil gear. E-foils are battery driven surfboards. Flying Fish eFoils have gotten the exclusive rights from their supplier to sell their product and its equipment over the whole of Europe. In 2021, the company has sold more than 400 e-foils to their customers, which are mainly other businesses. The company strives to provide these boards over the whole of Europe within five days. However, currently more than 60 percent of the orders that Flying Fish sends to their customers does not live up to that promise, with an average lateness of the orders being at 74.5 days. A company was contacted which was willing to rent a small area of their warehouse to Flying Fish. This company, referred as Warehouse X, has a core activity to buy all sorts of cheap items in bulk and to sell those again to different bargain shops. Due to the fact that the warehousing of Flying Fish is not their core business, Flying Fish eFoils are not a high priority of Warehouse X. The company of Flying Fish have never analysed the performance of their current warehousing functions. This problem causes bad inventory management, which often lead to extended lead times and thus higher risks. As Flying Fish has the target to increase their sales, they need a new warehousing function that is suited for the potential growth. An analysis was done on the current performances and on a potential future situation, in which the following research question is answered: “How can a third-party logistics warehousing system be organised to decrease the warehousing risks of Flying Fish eFoils?”
Item Type:Essay (Bachelor)
Clients:
Flying Fish eFoils, Amsterdam, The Netherlands
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:85 business administration, organizational science
Programme:Industrial Engineering and Management BSc (56994)
Link to this item:https://purl.utwente.nl/essays/93205
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