QUESTIONS AND CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS) |ALREADY GRADED A+
Logistics - ANSWER: Link between facilities within supply chain
supply chain logistics - ANSWER: the efficient, effective forward and reverse flow and
storage of goods, services and related information between the point of origin and
the point of consumption in order to meet customers' requirements
Material handling logistics - ANSWER: the movement, storage, control and
protection of materials and products throughout the process of their manufacture,
distribution, consumption and disposal
Global Logistics - ANSWER: The process of moving materials across international
boundaries within a global network of connected facilities and transportation
modes.
What is the Life blood of worldwide economy? - ANSWER: Global supply chain
logistics
Supply chain lifecycle - ANSWER: 1. Raw material
2. Manufacturing/production
3. Warehouses/distribution center
4. Transportation
5. Customers
What is demand? - ANSWER: Customers need for particular products, services, or
components
What is the force driving a product through its lifecycle? - ANSWER: Customers
3 types of inventories - ANSWER: 1. raw materials
2. work in process
3. finished goods
Customers specify: - ANSWER: 1. Material handling requirements
2. Define due dates
3. Negotiate terms
Material handlers must: - ANSWER: 1. Be responsive to customer
2. Offer best value
3. Control inventory to meet customers needs and specifications
Supply - ANSWER: Process of sourcing and building product inventory to established
targets to meet customers needs
, Logistics of supply - ANSWER: 1. Determine and contract with suppliers
2. With with and integrate multiple sources
3. Process purchase orders
4. Verify timely arrivals
Warehouse and distribution Center responsibilities - ANSWER: 1. Minimize cost of
labor, space and equipment
2. Meet timing, shipping, and accuracy requirements of customer
Focus of warehouses - ANSWER: Storage of materials
Focus of distribution centers - ANSWER: Transfer of finished goods efficiently to
transportation vehicles for delivery to customers
4 functions of warehouses and distribution centers - ANSWER: 1. Receiving
2. Stocking
3. Order processing
4. Shipping
Steps of receiving goods - ANSWER: 1. Identify goods
2. Inspect goods
3. Fill out receiving reports
4. Dispatch goods
What is stocking? - ANSWER: Assigning of products to proper location
Order processing - ANSWER: Process of assembling products from various locations
within warehouse for a specific customer order
What is cross-docking? - ANSWER: Materials are moved directly from receiving to
shipping and are not placed in storage in the warehouse
5 basic modes of transportation - ANSWER: 1. truck
2. rail
3. water
4. air
5. pipeline
roles of transportation - ANSWER: 1. Link all pick up and delivery points
2. Meet delivery times specified by customer
3. Deliver via safest and most cost effective means
4. Dispatch and track vehicles
5.handle products within transportation vehicles according to best safety, security,
and efficient material handling practice
6. Meet documentation requirements for state, national, and international delivers