Logistics and Supply Chain Management

Front

What are the basic functions of Supply Chain Management?

Back

Plan, Source, Make, Deliver, Return.

Front

Who are the key players in the supply chain?

Back

Supplier, Manufacturer, Distributor, Wholesaler, Retailer, End Customer.

Front

What are the types of flows in supply chain management?

Back

Product Flow, Information Flow, Revenue Flow, Demand Flow.

Front

What are the modes of logistics?

Back

Surface, Railways, Roadways, Air, Water, Pipeline.

Front

What does 3PL stand for in logistics?

Back

Third-Party Logistics.

Front

What is the significance of the Hub & Spoke model in logistics?

Back

It optimizes the distribution of goods by using a central hub to consolidate shipments.

Front

What is the market size of the global logistics industry projected to be by 2028?

Back

USD 14.08 trillion.

Front

What are the sustainability goals in the logistics industry?

Back

Eco-friendly practices, electric vehicles, optimized routing.

Front

What is the contribution of logistics to India's GDP?

Back

14%.

Front

What is the focus of the National Logistics Policy (NLP) in India?

Back

Infrastructure and cost reduction.