LG305 Park Global Supply Chain Management And International Logistics

Answers should be 50 -100 words required for each question.

  1. What are the two notable drivers of change in the international logistics services market ?
  2. Overall, for a logistics operation to be successful, on a global scale, two main criteria must be satisfied. Identify the two criteria.
  3. What is the key to the operation of multi modalism ?
  4. Frequency of service is a key factor in the global logistics operation. Explain why.
  5. List the 5 key factors in a Transport Mode(s) Trade-Off.
  6. Define benchmarking and discuss what it embraces.
  7. Identify the benefits of the logistics operators task.
  8. Discuss a key factor in the twenty-first century global logistics environment.
  9. Discuss why days-in-inventory is an important part of the cash conversion cycle.
  10. What has logistics become in the twenty-first century ? Name two points that support the need to have in place a structure/environment to monitor and respond to inadequacies.