LOGISTIC

Logistics is necessary to move goods from suppliers to buyers and move finished goods to the customer

• True

• False

Logistics is the part of supply chain management that plans, implements, and controls the efficient, effective flow and storage of goods, services and related information from point of origin to point of consumption in order to meet customer requirements.

• True

• False

The objectives of transportation are as below EXCEPT

• Maximize value to firm through negotiation to provide profit contribution

• Minimize value to firm through negotiation to provide effectiveness contribution

• Make sure service is provided effectively

• Satisfy customer needs

The role of Transportation in a supply chain EXCEPT

• Significant cost component

• Movement of product from one location to another

• Shipper requires the movement of the management

• Carrier moves or transports the product

What is exempt carries?

• Exempt from Roadtax

• Exempt from driving license

• Exempt from regulation of procument

• Exempt from regulation of services and rates.

•Private carrier - not subject to economic regulation & typically transports goods for the company owning the carrier.

• True

• False

Less-than-truckload (LTL) & truck-load (TL) carriers move small shipments & fee are higher .

• True

• False

General freight carriers carry the majority of goods shipped & include common carriers

• True

• False

Specialize carriers transports liquid petroleum, households goods, building materials & other specialized items

• True

• False

Characteristics of Lean Warehousing, EXCEPT

• Increased automation

• Increased assembly operations

• Reduced lot sizes & shipping quantities

• Increased lead time