Question: Question 1 5 : Transportation Logistics a ) JT ' ( Just - in - Time ) is more than an Inventory Control System..
Question : Transportation Logistics
aJTJustinTime is more than an Inventory Control System.". What is meant by this statement and do you agree with it
bDRPDistribution Resource Planning is seen as a progressive stage in the development of Logistics Management. Compare and contrast DRP with "JIT" systems.
c The INCOTERMS describe several options for buying, taking possession of and taking responsibility for goods. Discuss the pros and cons of buying EXW ExWorks; FAS Free Alongside Ship; and CFT Cost and Freight
d Systems can be said to be driven by the "PULL ordering System" or by the "PUSH Ordering System." Briefly describe the key distinctions between the two systems.
e More and more Logistics Systems are "Customer Driven." Discuss. How do Customers measure a vendor's performance?
f "Salvage, Scrap Disposal, and Packaging Recycling are all actions beneficial to environment protection." Review this concept and link these actions also to socioeconomic benefits.
g "Location. Location. Location." Three reasons for siting a hotel. What considerations will affect the locating of a Distribution Warehouse?
h Discuss major trends in World Trade and the significance of Global Logistics.
i "Back to Core Competencies" is often heard in large companies as they outsource their previously inhouse logistics functions to third party service providers. Speculate on why such decisions might be made and defend or challenge the proposition.
j Compare and contrast "Consumer Packaging" with "Industrial Packaging". What other areas of cooperation are desirable between Marketing and Logistics functions?
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