LESSON 1 Flashcards

1
Q

transportation is?

A

PROCESS OF HOW AN IMPORTED GOODS FROM FOREIGN COUNTRY BROUGHT HERE IN THE PHILIPPINES AND CONSUMED AND USED FROM THE END USERS

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2
Q

transportation is the _ in logistics

A

transportation is the largest expenditure in logistics

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3
Q

why transportation is the highest expenditure in logistics?

A

Transport is fundamental to supporting economic growth, creating jobs and connecting people to essential services such as healthcare or education.

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4
Q

it is moving whatever comes out of one location to the next location.

A

transportation also that might mean transporting something from a manufacturer to a distributor, or from a distributor to a customer.

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5
Q

what is the responsibility of transportation manager?

A

are responsible for moving inventory throughout a firm’s supply chain and to customers.

in what ways?
planning and supervising shipments, scheduling routes, tracking orders, and ensuring proper storage and distribution of products. They monitor transportation costs, maintain records, and ensure compliance with shipping regulations.

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6
Q

2 fundamental choices as carriers?

A

for-hire carriers or a firm’s owned and operated transportation fleet.

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7
Q

for-hire carriers is?

A

a person or company provides transportation of passengers, regulated property, or household goods for compensation.

person engaged in the transportation of goods or passengers for compensation.

Examples of for-hire operations include a trucking company that hauls other people’s property for a fee (direct compensation) or a hotel that includes in its service the transportation to and from the airport to the hotel (indirect compensation).

public

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8
Q

firm owned transportational fleet is?

A

a large group of ships, airplanes, trucks, etc., operated by a single company or under the same ownership

groups of motor vehicles comprising all transport vehicles owned by the company, government or agency or other business. Sometimes, the vehicles are leased to transport companies for the movement of goods to customers. The vehicles are also leased to get company employees to their client’s locations.

fleet vehicle is any motorized asset used by a company to transport people and products, conduct business, or assist with daily activity. (shipping lines) A fleet can range from a group of service vans, rental cars, and taxicabs to a group of bulldozers, backhoes, and skid-steer loaders.

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9
Q

SUPPLY CHAIN PROCESSS AND HOW IT IS RELATED TO TRANSPORTATION

A

manufacturer/ shipper—-carrier—warehouse/storage—transportation—distribution—retail—customer

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10
Q

what is the movement of goods and people from one place to another. Without transport the whole world would be stagnant and movement of goods and human beings would have been nearly impossible.

A

supply chain process that related to transportation

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11
Q

Transportation management comprises the processes and systems used to manage the_as part of supply chain or logistics management

A

needs and requirements specific to the physical transportation of goods and cargo

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12
Q

Foundation of Transportation

A

functionability
product movement
product storage

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13
Q

functionability is?

A

Transportation provides two major logistics services:

Product movement
Product storage

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14
Q

product movement is?

A

just like starbucks, product movement Grants support causes including youth empowerment, inclusion & diversity, social services, hunger relief, economic opportunity, and coffee-, tea- and cocoa-growing communities.

meaning they plan, source, make deliver, manufacture in their own because they have own plantation, manufacturing place etc

because f that, they are dominating across the world and still consistent with its product.

because of product movements consistency through manufacturing and up to delivering and offering services.

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15
Q

it is form of materials, components, work in process, or finished goods and basic value provided by transportation

A

product movement

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16
Q

performance of transportation is vital to procurement, manufacturing, and customer relationship management.

A

product movement

17
Q

facts

A

transportation consumes time, financial, and environmental resources.

transportation has a restrictive element because inventory is generally inaccessible during the transportation process. Inventory captive in the transport system is referred to as in-transit inventory.

18
Q

Transportation cost

A

driver labor,
fuel,
vehicle maintenance,
capital invested in equipment,
administration

19
Q

a less visible aspect of transportation is the provision of product storage.

A

product storage

20
Q

facts about temporary product storage

A

transport vehicles can also be used for temporary product storage at shipment origin or destination.
or diversion

21
Q

what is diversion?

A

another transport service having storage implications

Diversion occurs when the original shipment is changed after a product has been shipped.

known as “illicit diversion”, “refers to goods that are redirected from the manufacturer’s intended area of sale or destination

22
Q

PARTICIPATION IN TRANSPORT ARE

A

shipper – sometimes referred to as consignor
destination party – commonly called as consignee
carriers and agents
government
internet
the public

23
Q

is the sender of a shipment in a contract of transport. They are also called the Shipper, who wants to have their goods moved as quickly and safely as possible.

A

shipper or consignor

24
Q

successful transaction in shipper is?

A

successful transaction is considered when all the goods are transported at the lowest cost and in the fastest time, from origin to the correct destination.

25
Q

destination party is?

A

consignee or the recipient is the receiver of a shipment of freight.

26
Q

successful transaction in dp is?

A

consignee wants transportation that is low-cost, reliable and capable of delivery in the shortest time possible.

On different occasions, the ownership of goods and products can be temporarily assumed by the for-hire transportation company until they are finally delivered to the consignee.

27
Q

is the business that performs a transportation service

A

CARRIER AND AGENTS

28
Q

successful transaction in carriers and agent is?

A

As a service business, carriers wants to charge their customers the highest freight rate possible while minimizing labor, fuel, and vehicle operating cost.

To achieve this objective, the carrier seeks to coordinate pickup and delivery times for a group of shippers to achieve efficient operations.

Brokers and freight forwarders are transport agent that facilitates carrier and customer matching.

29
Q

participation of _ is to promote carrier development by supporting research and providing right-of-way such as roadways and airports.

A

government

government has a vested interest in transportation because of the critical importance of reliable service to economic and social well being.

30
Q

successful transaction in government is?

A

Government desires a stable and efficient transportation environment to support economic growth.

31
Q

participation of internet is?

A

primary advantage of internet-based- communication is the ability of carriers to share real time information with customers and suppliers.

32
Q

2 types of market place?

A

a marketplace to exchange information for matching carrier freight capacity with available shipments

a marketplace is for purchasing fuel, equipment, parts, and supplies.

33
Q
A