Questions and Answers of Contemporary Logistics

Discuss four possible functions that might be performed by international freight forwarders.
What is a freight bill? Why should each freight bill be audited?
Assume that the cost to HDT of borrowing money is 12 percent per year. Because the buyer will pay for trucks as they are delivered, would it be advantageous for HDT to pay overtime to speed up
Of the 10 materials handling principles discusses in the chapter, which two are most surprising to you? Why?
What information is needed to design a protective package properly?
What are some potential nonstorage space needs that might impact warehousing design?
How can taxes and incentives impact facility location decisions?
What are maquiladoras? Why do maquiladoras continue to be popular?
Discuss how the effectiveness and efficiency of order processing can be improved without large expenditures.
How can supply chain finance help procurement drive value for its firm?
What are the components of the global sourcing development model presented in this chapter?
1. When comparing performance during the first five months of 2017 with performance in 2016, which warehouse shows the most improvement?2. When comparing performance during the first five months of
Identify some of the key considerations for a logistics manager who is designing and implementing a logistics measurement system in his or her organization.
What are the steps for developing an effective logistics scorecard?
How do you measure gross margin return on inventory (GMROI)?
Most managers believe that although it is possible to connect logistics decisions to costs, the connection to revenue enhancement is difficult to impossible. Provide an example of how logistics could
What are the three primary areas where the Sarbanes-Oxley Act (SOX) has implications for logistics managers?
Discuss some ways that inventory can be reduced on a firm’s balance sheet.
What are the three key components of the statement of cash flows?
1: Should the team take into account any other costs or benefits from implementing the WMS? If so, what are they?2: Should the team take into account any other costs or benefits from implementing the
What is the Internet of things (IoT)? How can it potentially affect logistics management?
What are some of the advances in telecommunications technology that have occurred since this book was first published? How do these advances help logistics managers?
Discuss five activities that might be part of a company’s logistics department.
Distinguish between materials management and physical distribution.
What are some ways in which technology has impacted logistics management?