Ispaat Parivahan Limited: Additional Fleet Acquisition

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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
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