Abstract
This case focuses on the issue of additional fleet acquisition by Ispaat Parivahan Limited (IPL) for its contract obligation fulfilment with Solid Steel Limited. As per contract, IPL was to transport overall 15,000 tons per month (tpm) till July 31, 2015 to the North and West. But IPL failed to uphold its part of the contract and fell short of the target for the North. IPL could transport only 12,800 tpm, leading to a penalty payment. To avoid this, the company proposed acquisition of more fleet. One of the issues was additional time due to return loads. The Board wanted IPL to asses scenarios with and without return loads.
Additional Information
| Product Type | Case |
|---|---|
| Reference No. | QM0276 |
| Title | Ispaat Parivahan Limited: Additional Fleet Acquisition |
| Pages | 38 |
| Published on | Jul 1, 2015 |
| Year of Event | 2014 |
| Authors | Raghuram, G; Chakraborty, Souhardhya; |
| Area | Quantitative Methods (QM) |
| Discipline | Operations Management |
| Sector | Transportation and Logistics |
| Keywords | Fleet Optimization; Return Load; Trucking; Logistics; Steel Industry |
| Country | India |
| Access | For All |
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