History And Supply Chains Flashcards
1
Q
KT’s Mission Statement
A
Connect the world’s trucks.
Automate the world’s freights.
2
Q
Who invented the first semi-truck and when
A
Alexander Winton, 1898
3
Q
What is a supply-chain
A
A system of organizations, people, activities, information, resources, etc involved in moving a product from shipper to customer
4
Q
Who are the 4 key players in a supply chain?
A
- Shipper
- Broker
- Carrier
- Distribution center
5
Q
What is a shipper?
A
Anyone that needs goods moved from point A to point B
6
Q
What do brokers do?
A
They help shippers find the best price and the best carriers for any given load
7
Q
What are distribution centers?
A
A warehouse or specialized building which is stocked with goods to be redistribution to retailers, wholesalers, or directly to consumers.
Goods are moved in and out all day.
