INTL LOGISTICS

volume

lighter cargo will be charged on?

container/contract

likely discounted rates?

breakbulk

loaded individually and placed inside vessel. ex. packaged sugar

safety stock

main resource to respond to uncertainty, "unexpected" demand or longer lead time.

logistics management

management of cost and service trade offs

efficient marketing requires

management to fully integrate logistics and marketing within the firms strategic planning process?

product, price, promotion, and place

marketing mix

customer service

measure of effectiveness of the logistics system is

to be both a low cost producer and a value added supplier

necessary for long term survival of a firm

project cargo

needed for single purpose and doesn't fit any other categories sometimes spreaded across multiple trips.

tramps

no fixed schedule. hired by customers that charter vessels. Similar to rental car company.

general commodity

not premium rates?

use their own flight equipment

not true of freight forwarders?

more complex supply chains

open borders, reduced barriers, etc. creates:

customer service

output of the logistics function is

private

owned managed by manufacturers, mostly tankers, very efficient, moving large volumes quickly.

used to carry vast majority

pallets for airfreight?

logistics managment

part of supply chain management that plans implements and controls the efficient, effective forward and reverse flow and storage of goods, services, and related information between point of origin and point of consumption to meet customer needs.

neo-bulk cargo

placed in freeform, but loaded one by one. ex. steel, cars, logs

tankers

private

coal for powerplant

product that will NOT benefit from airfreight

containerized cargo

products are laced into containers most common is 20 or 40 feet.

bulk commodities

products that make little sense by air

wheat, grain

products to make little sense by air?

liner

publish schedule and itinerary for customers. Like public bus service

tanker

specialized in liquid bulk cargo

weight/volume

system of airfreight rates based on?

transportation packaging

tertiary packaging is called

David ricardo

this 18th century economist explained international trade is essential because every nation has something they do best and if they trade with each other, both parties will live better.

logistics

time and place utility are provided by

TLC

to choose between a domestic supplier and foreign supplier compare

total landed cost

total cost of a product once arrived at the buyers door. Very powerful metric.

bulk/breakbulk

tramp

roll on roll off

transportation over water into land

true

true/false: SCM requires reducing costs increasing inventory velocity and compressing cycle time. Do different product categories possibly require a different mix of these objectives

True

true/false: containers used in air transportation are not intermodal

true

true/false: that in addition to the WTO there are nations that have bilateral agreement or participate in regional groups to foster regional free trade zones.

fundamental reasons to have inventory

uncertainty economies of scale strategic/tactic reasons

letter of credit

uses bank that guarantees payment to supplier

gross tonnage

volume of vessel

accurate, timely, and comprehensive

what is necessary regarding data for decisions about international operations?

they find the requirement so complex that the cost of adhering outweighs the advantages

what is the reason that only a small fraction of management took advantage of the applicable FTAs

PR Issue

which best describes Petersons situation(IBP)

market share

which is not a performance metric of global SCM

revenue per ton mile

yield in airfreight

all cargo carriers(freighters)

aircraft designed for just freight

either weight or volume

airfreight role for single shipment based on?

read weight tonnage

all weight vessel can carry

objective for the marketing mix

allocate resources to each component in a manner which will lead to the greatest long run profits.

sonys main reason to establish an operation in mexico

because there was a requirement that all products key components had to be wholly North America

net tonnage

gross- tonnage without revenue

timely, complete, actionable and global

how does the author describe the metrics needed to manage global supply chains?

GONE DOWN

how have yield changed in last 20 years?

4 key questions inventory mgmt. answers

how, when, how much, what to order?

out-sourcing, off-shoring

inflation, increasing factory wages, etc. means more:

passenger cargo(combi)

carry passengers/freight carry freight in the belly of plane

integraters(express)

carry the sensitive smaller packages.

problem Solis(Sony) faced

dealing with a newly created agency under the auspices of NAFTA

weight

denser cargo will be charged on?

lambert argues...

each element of logistics varies from market segment to segment depending on customer needs

right materials, right time in good condition for the lowest cost

effective and efficient logistics management results in...

lower barriers by governments

factor outside airline industry contributing to growth?

bulk cargo

freeform, no packaging only held by holds of vessel. loaded by shuttle or system of conveyor belts, Destination must have necessary infrastructure. carries grain, juice, etc.

cycle stock

fulfilling expected -average- demand, perfect world

Off-shoring

Activities that were performed in a manufacturing facility are now performed at a facility in a different geographic location in a foreign country owned by the same company.

IBPs case is considerably important because

Antipartisan group of congressional reps was urging remedial action

yes

Are these critical factors: labor, fuel and transport costs, location of existing suppliers, the needs of key customers

B2B

Becomes a valuable organizational capability given that a company can participate in multiple ecosystems at a time.

decline the offer

British supplier offers same FOB price as current Philly supplier

free on board supplier

FOB

Free on Board Asia

FOBA

tariffs, labor costs, and local/regional legislation.

For business people to be engaged in international trade and aware of the multiple existing/proposed free trade agreements is challenging they will affect:

longer

Outsourcing and offshoring are making supply chains to be:

make parts for top seller cars

Mangas strategy

quoted price at the origin

Part of landed cost that should be taken into account for BOTH domestic and foreign?

key to unlocking potential of future trade agreements

Reducing nontariff barriers, frequently customs procedures.

true

TLC can be used for decision in manufacturing facility?

inventory costs

TLC that need o be taken into consideration for both domestic and foreign suppliers

complex and challenging

The business environment is becoming more

tariff engineering

The configuration of the global supply chain to take advantage of the lower tariffs and preferential treatments

World Trade Organization agreements

These contracts bind government to keep their trade policies within the agreed limits.

speed, cost, and quality

To manage efficient and effective flow of products, management needs to balance:

The role of the WTO

To provide a global forum for governments to negotiate trade agreements and to settle trade disputes.

FedEx

Top Aircraft carrier

True

True/False: the carbon footprint is part of 70% of the corporate agenda. Many companies report green practices to contribute to increased profits. more miles, more sources, more emissions, more management required.

True

True/false: Environmental issues add to the complexity of supply chains as well as legislation about environmental issues

breakbulk cargo

a piece of machinery that doesn't fit into a container and is heavier than max weight.

secondary packaging

What retailers handle

primary packaging

What the consumer sees is