GLP Technology & Digital Logistics Flashcards

What is 'blockchain' technology's primary advantage when applied to global supply chain documentation?

Answer: It provides an immutable, shared ledger of transactions that increases transparency and reduces fraud in supply chain documentation

Blockchain creates a tamper-proof distributed record of supply chain events that all authorized parties can access, reducing document fraud, disputes, and information asymmetry.

Which logistics technology platform integrates real-time data from carriers, suppliers, and customers to provide end-to-end supply chain visibility across all modes of transport?

Answer: Supply Chain Visibility Platform (SCV)

A Supply Chain Visibility Platform aggregates data from multiple sources to give shippers, 3PLs, and customers a unified, real-time view of shipment status across the entire network.

In the context of logistics technology, what is 'predictive analytics' primarily used for?

Answer: Using historical data and machine learning to forecast demand, anticipate disruptions, and optimize inventory positioning

Predictive analytics applies statistical models and machine learning to historical supply chain data to forecast future demand, identify potential bottlenecks, and reduce uncertainty.

What does 'last-mile delivery technology' such as route optimization software primarily aim to reduce?

Answer: Driver hours, fuel consumption, and delivery costs while maximizing on-time delivery rates in the final delivery leg

Route optimization software uses algorithms to calculate the most efficient delivery sequences and routes, cutting fuel costs and driver time in the costliest segment of logistics.

Which standard electronic message, sent by a supplier to a buyer before a shipment arrives, provides advance details about shipment contents and expected delivery time?

Answer: Advance Ship Notice / ASN (EDI 856)

The ASN (EDI 856) is transmitted before cargo arrives, detailing shipment contents, packaging, carrier, and expected delivery, enabling the receiver to pre-plan dock appointments and put-away.

What term describes the use of autonomous, unmanned aerial vehicles for delivering small parcels directly to customers, being piloted by several carriers and retailers in the US?

Answer: Drone delivery

Drone delivery uses UAVs to transport lightweight parcels directly to customers, reducing last-mile cost and delivery time, with FAA Part 135 certification required for commercial operations in the US.