Lecture 12 : Port Logistics Flashcards
What is the definition of Supply Chain Management (SCM)?
SCM encompasses the planning and management of all activities involved in sourcing and procurement, conversion, and all logistics management activities. It includes coordination and collaboration with channel partners, which can be suppliers, intermediaries, third-party service providers, and customers.
What is the role of a port in the global supply chain?
A port is a node in the global supply chain.
What are the traditional roles of a port in port logistics?
Acts as distribution center, depot, and warehouse; connected by intermodal systems; Cargoes can be stored in port within a certain free storage period of time; provides storage and value-added services
What are some examples of value-added services provided by ports?
Packing & repacking, quality inspection, labelling, and custom clearance.
What are the key logistics management activities?
Customer Service, Purchasing, Order Processing, Materials Handling, Inventory, Information maintenance, Warehousing, Transportation.
What is a Free Trade Zone (FTZ)?
A specific area where trade is based upon the unrestricted international exchange of goods. Goods are not subjected to domestic customs duties until they leave the FTZ.
What are some incentives offered in a Free Trade Zone?
Relief from rental dues, exemption from taxes, infrastructure construction relief, special banking grants.
Example of Free Trade Zone?
Keppel Distripark.
What is a dry port?
An inland intermodal terminal directly connected to a seaport by rail where customers can leave/pick up their units as if directly at a seaport.
Main features of a dry port?
Intermodal terminal inland, rail connection to seaport, services like storage, container maintenance, customs clearance, inspection, consolidation and forwarding etc.
Main advantages of a dry port?
Improves port productivity, speeds up cargo flow, close to stakeholders, frees up seaport land, reduces air emission.
Example of Inland Port?
Virginia, US.
