Logistics and Supply Chain - Principles of Business

Logistics is:

• an act or process of moving people and things from one place to the other

• the process of coordinating or moving resources from one location or storage place to a final destination

• a means of transportation using vehicles to get goods and people from one location to another

• a dependable way to move goods and people

What is warehousing?

• to do with the receiving, storing, and shipping of products from the production plant to distribution locations or to the final customer

• the process of being stored in a location until an item is ready to be used.

• the process of putting and keeping things in a special place for use in the future.

• a building for storing goods

The following are key functions of warehousing:

• receiving goods, picking goods, testing of goods

• unloading, loading and shipping, picking of goods

• storage of goods, moving goods around, using the forklift

• maintenance and pest control, loading and shipping, spraying and cleaning

A distribution channel that is popular in the food and drinks industry looks like this:

• manufacturer to wholsaler to customer

• manufacturer to retailer to customer

• manufacturer to customer

• manufacturer to wholesaler to retailer to customer

The following are advantages of supply chain operations EXCEPT ONE. Identify which one.

• cost reductions

• highly trained workers

• quality of life

• high cooperation levels

Lucas International Ltd. has started to sell its games via an online store. Which is the best form of transport it should use for its games?

• courier

• rail transport

• fourth party logistics

• digital delivery

When a business imports raw materials into the country, it needs to apply for a document which gives official permission to import the item. Which document is it?

• patent

• invoice

• bill of lading

• import licence

There are problems that arise when shipping goods. Which of the following suggestion are BEST recommended for delayed shipments?

• use a new shipping company

• stockpile goods

• evaluate shipping method

• reconsider the chain of distribution

The 'middlemen' who are in closest contact to the customers are:

• wholesalers

• retailers

• agents

• producers

Which of the following is not a benefit of using GPS in a business?

• improved communication

• fleet management

• navigation

• cost reductions