Logistics
What is logistics?
Logistics refer to the overall proces of managing how resourses are acquired, stored, and transported to their final destination
Define transportation
Can be defined as the physical movement of goods and people between two points. It is pivotal to the successful operation of any supply chain since it carries the godos as they move along the chain
What is an import?
An import is a good or service brought into one country from another.
Types of distribution channels?
a) The first channel is the longest because it includes all four: Producer, wholesaler, retailer and consumer.
b) The second channel cuts out the wholesaler --where the producer sells directly toa retailer who sells the product to the end consumer.
c) The third and final channel is a direct-to-consumer model, where the producer sells its product directly to the end consumer.
Define incoterms
Are the selling terms that the seller and buyer of goods both agree to during international transactions
A Logistics System may consists of three main networks or subsystems.
Procurement, Production and Distribution
The four main modes of international transport are road, sea, rail, and air. Each of these mode of transportation have certain attributes that will give an advantage over the others. Such attributes are:
•Cost (Price that a Carrier charges to transport a shipment)
•Speed (Transit time from pickup to delivery)
•Reliability (consistency of delivery)
•Capability(number of different types of products that can be transported)
•Capacity (volume that can be carried at one time)
•Flexibility (ability to deliver the product to the customer)
What is an export?
exports are a function of international trade whereby goods produced in one country are shipped to another for future sale or trade
This document contains information regarding the product, its destination and the exporting country.
Certificate of origin
Who create the incoterms?
The International Chamber of Commerce
What is the Logistics Planning?
The process of integrating and utilizing suppliers, manufacturers, and retailers so that products are produced and delivered at the rigth quantities and the rigth time, while minimizing cost and satisfying customer requirements.
Explain one of the four main modes of international transport (road, sea, rail, and air) and theirs principal Features?
Air is generally the fastest mode for shipments exceeding 600 miles, although some motor carriers now offer overnight service of between 600 and 700 miles
The primary advantage for motor carriers is flexibility, or the ability to deliver the product to the customer.
Rails possess less flexibility (ability to deliver the product to the customer) than motor carriers unless the customer is located on a rail line or has a rail siding.
Water has the largest carrying capacity and is the most suitable for carrying bulky goods overlong distances
Mentione the principal export countries worldwide 2o24?
Diapositive 61
Define the use of the packing list
It is a document that includes details about the contents of a package The packing list is intended to let transport agencies government authorities and customers know the contents of the package
What's the principal funtion of the incoterms in the global trade?
Incoterms® is a vital part of International Trade because these trade terms clearly state which tasks, costs, risks, and the delivery of goods are associated with the buyer and the seller in the contract of sale.
The six major cost components that form the overall logistics costs are:
1.Raw material costs
2.Costs or raw material transportation from vendors to manufacturing plants
3.Production costs at manufacturing plants
4.Transportation costs from plants to warehouse
5.Inventory or storage costs at warehouses
6.Transportation costs from warehouse to end users
Define one of the three modes of transportation costs?
•COST OF ROAD TRANSPORT
•COST OF SEA CONTAINER TRANSPORT
•COST OF AIR TRANSPORT
Explain the export procedure?
The export procedure is in the diapositve 59
How do we get our product to the consumer?
In contrast to the upstream process, this is also along with them to their destination can include wholesalers, retailers, distributors, and even the Internet.
What's the last version of incoterms?
2020
Explain an example of supply chain
Case Amazon, waltmart, etc
Is the packaging in direct contact with the product protect and/or preserve, contain, and inform the consumer?
Primary Packaging
Explain the import procedure?
In the diapositive 54 is the procedure
Explain any example of the distribution channels
Amazon, Dell, Best Buy, etc
Explain any inconterms with your own words
Diapositive 95