Chapter 1 & 2

Question 1

What are the major forces seem to drive the rate and shape of our economic and political landscape?

Answer 1

1) Globalization
2) Technology
3) Organizational consolidation & Power Shift
4) The empowered consumer
5) Government policy and regulation

Question 2

What does the contemporary supply chain profile stands for?

Answer 2

Supplier-> Manufacturer->Wholesaler->Retailer->Costumer

Each step adds value. Most investment in the customer step because you want to put more money near the costumer.

Question 3

What is Business logistics?

Answer 3

Control the efficient, effective flow and storage of good, service, and related information to meet customer requirements.

Question 4

What is Military logistics?

Answer 4

All the stuff that needs if it will be war. A problem with this can be that you have the material but it is not possible to export it, due to politics and laws/rules.The design and integration of all aspects of support for the operational capability of the military forces(deployed or in garrison) and their equipment to ensure readiness, reliability, and efficiency.

Question 5

What is Event logistics?

Answer 5

For example, the Olympic games. Important to start to planning in time.

Question 6

What are the major supply chain problems?

Answer 6

Supply Chain Networks:
-Increased complexity.
-Inventory
-Collection/storage of data
-Cost/Value
-Organizational Relationships
-Performance measure (why and how?)
-Technology
-Transportation Management (Right product, right time, right quality, right costs, right destinations)

Question 7

What has become one of the most important measures of financial viability in today’s global markets? And how is the supply chain an important determinant?

Answer 7

Cash flow

Supply chains arean important determinant of improved cash flow since theyimpact order cycle time to customers

Question 8

What is the biggest expense in the retail? And what do some retails do to prevent people from this?

Answer 8

Returns are adding a huge amount of costs from a company.

The retail may change the return window to fewer days.

The retail may offer that it is possible to return in store (when buying online) and the costumer offers a 10 % discount-check

Question 9

What are the value-added roles of logistics?

Answer 9

• Form Utility
• Time Utility
• Place Utility
• Quantity Utility
• Possession Utility

Question 10

What are the logistics activities?

Answer 10

• Transportation
• Warehousing and storage
• Industrial packaging – have to make sure that the item is proper packaged
• Materials handling
• Inventory control – if you don’t manage it well it can bankrupt your company
• Order fulfillment
• Demand forecasting – need to break it down to weeks, days. A detailed forecast.
• Production planning/scheduling – need to know how much the production are going to produce so it is possible to store it somewhere if necessary.
• Procurement
• Customer service
• Facility location
• Recycling

Question 11

What is spatial relationship and why are those important?

Answer 11

It is the location of fixed points in the logistics system with respect to demand and supply points.

Spatial relationships are very important to transportation costs since these costs tend to increase with distance.