Lesson 4 (simplified)

Question 1

Council of Supply Chain Management Professionals (CSCMP)

Answer 1

plans, implements, and controls the efficient, effective forward and reverse flow and storage of goods, services, and information

Question 2

multimodal solutions

Answer 2

transportation solution exploits strengths of multiple transportation modes

Question 3

warehousing

Answer 3

store, repackaged, stages, sorts, centralizes goods/materials
to reduce transportation costs, improve flexibility, shorten lead time, lower inventory costs.

Question 4

Consolidation warehousing

Answer 4

various shipments into one location and combines them into larger loads

Question 5

cross docking

Answer 5

break up large rail or truck shipments into smaller shipments

Question 6

regional distribution center

Answer 6

remix incoming goods and deliver to store/customer
can be hybrid cross docking operation

Question 7

measuring performance

Answer 7

perfect order: how effectively serve customer
landed order: how efficiently provides the services

Question 8

reverse logistics systems

Answer 8

supply chain dedicated to reverse flow of products/materials for. the purpose of return, repair, manufacture, or recycle