Ocean and Sea Freight Forwarding Test
What contributes to the rising importance of logistics planning?
Explanation:
A strong logistics management system is becoming more and more necessary as freight volume and transportation complexity rise. The performance of any company's operations and its bottom line are directly impacted by well-planned logistics management given the present industry issues, such as labor shortages and rising inflation.
What impact does a low volume-to-weight ratio have on the effectiveness of distribution?
Correct answer:
more efficient
Whose locational viability is supported by the central place theory
Explanation:
A distribution center is a specialized warehouse that acts as a hub to efficiently pick and pack products, distribute them to other locations, and strategically store finished goods.
What can be expected from a normal logistics approach for completing orders?
Correct answer:
minimum of time and maximum of accuracy
What procedure is most successful for ensuring that the corporate plan and the logistics or distribution plan are linked?
Correct answer:
The corporate plan includes logistics, and considerations relating to these operations are taken into account when making overall planning decisions.
What affects an organization's competitive strategy when defining its logistics strategy and planning
Correct answer:
All of the above
What is a crucial component of a logistics strategy?
Explanation:
Your overall logistics strategy should include a significant amount of stakeholder cooperation. Designing your sourcing strategies should take into account the evolving needs of your target market. An efficient logistics strategy should consist of the following to achieve great business results: