
SCMN04b
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Kyla Mae
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1.
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1 min • 1 pt
Is a logistics platform that uses technology to help businesses plan, execute, and optimize the physical movement of goods, both incoming and outgoing, and making sure the shipment is compliant, proper documentation is available. This kind of system is often part of a larger supply chain management (SCM) system.
2.
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Play a central role in supply chains, affecting every part of the process— from planning and procurement to logistics and lifecycle management. The broad and deep visibility afforded by a powerful system leads to more efficient transportation planning and execution, which results in higher customer satisfaction. That, in turn, leads to more sales, helping businesses grow. With such a dynamic global trade environment that we live and transact in, it is important to have a system that will allow you to successfully navigate complicated processes around trade policies and compliance.
3.
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1 min • 1 pt
Transportation management systems are primarily used by businesses that need to ship, move, and receive goods on a regular basis
4.
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The most common mode of transportation in logistics is road.
5.
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Shipping by water has been practiced for thousands of years and remains pivotal to today’s global trade. 90% of all international trade is accomplished through maritime transportation. Cargo ships travel on almost every major body of water and have capacity to transport the highest volume of freight of any mode of transportation at the lowest cost.
6.
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Airplanes are becoming increasingly important in domestic and international trade. With continually improving technologies and practically unlimited route possibilities, air transportation is the fastest growing and most time efficient shipping mode. Consequently, many companies, such as Amazon, UPS, DHL, and FEDEX have purchased their own fleets of airplanes to gain a competitive edge in the growing market.
As air travel has become increasingly advanced and dependable, more companies are trusting airplanes with high value freight and goods. The increasing popularity of flight as a preferred way to travel also makes shipping by air more convenient as shipments regularly piggyback on passenger planes, further making air an economic way to transport goods
7.
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First invented for use in the early 19th century, rail transport quickly became vital for the expansion of the western world and has played a pivotal role in the realm of logistics for over two centuries. In modern practice, rail is used more exclusively for the largest and heaviest payloads (bulk cargo) traveling across land. The vast majority of railway infrastructure connects highly populated areas with large unpopulated strips of land between them making rail ideal for long-distance and cross-country hauls.
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