Question 1

Discuss the differences between supply chain partnerships of the past and those that have developed today.

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Question 2

Suppose you have a shipment of products that needs to be transported.What type of service does each of the following intermediaries offer?
∙Freight forwarders
∙Transportation brokers
∙Shippers' Associations

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Question 3

List the four elements of supply chain management and provide a short explanation of each of the four elements.What types of failures might each of those elements create within the supply chain? Why might those results be linked to errors in a particular element?

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Question 4

List and explain three capabilities of lean warehousing.

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Question 5

Explain the bullwhip effect? What can be done to reduce the bullwhip effect? Give an example of how the bullwhip effect results in excess costs in the supply chain.

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Question 6

International Cosmopolitan is a company that sells an enormous amount of fine jewelry worldwide from its headquarters in Paris,France.Presently 10% of their revenues come from sales in the United States.International Cosmopolitan would like to grow the business by about 200% over the next three years.Presently,a majority of their product is kept in a private warehouse in France.
While the shipments to United States will always be relatively small in size due to the cost and nature of the product,International Cosmopolitan would still like to take advantage of any possible distribution efficiencies by sending their shipments to a distribution center in United States that can then package their small shipments with other jewelry shipments headed towards common retailers and/or wholesalers.In order to do so they'll need to make accommodations for shipment,find retail and wholesale companies willing to distribute their product,find intermediaries to both help export the product out of France and help import the product into the United States.
Based on the above information and your knowledge of international transportation,answer the questions below in the hopes of providing International Cosmopolitan with some preliminary information that will aid them in creating a successful logistical itinerary:
∙ Which modes of transportation should be utilized in getting the product from International Cosmopolitan's warehouse in France to a distribution center in United States? Why?
∙ Which intermediaries should International Cosmopolitan consider in finding customers in United States and exporting the product out of a France? Why?
∙ Which intermediary should International Cosmopolitan consider in helping them import the product into United States? Why?
∙ Briefly discuss their warehousing plan.Does it make sense? Why

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Question 7

List the five modes of transportation.For each mode provide a brief description (or examples)of the type of cargo that typically travels via that mode of transport.

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Question 8

As a logistics specialist for your organization you are being asked to develop a model,which will aid your company in future global expansion projects.Answer the following questions as part of your initial step in developing a helpful model.
∙List 5 key components of the local infrastructure that must be investigated before committing to expansion? Why are these important?
∙Provide 3 aspects of government relating to logistics that need to be considered before committing to expansion?

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Quiz 1: Introduction to Supply Chain Management

Discuss the differences between supply chain partnerships of the past and those that have developed today.

Suppose you have a shipment of products that needs to be transported.What type of service does each of the following intermediaries offer? ∙Freight forwarders ∙Transportation brokers ∙Shippers' Associations

List the four elements of supply chain management and provide a short explanation of each of the four elements.What types of failures might each of those elements create within the supply chain? Why might those results be linked to errors in a particular element?

List and explain three capabilities of lean warehousing.

Explain the bullwhip effect? What can be done to reduce the bullwhip effect? Give an example of how the bullwhip effect results in excess costs in the supply chain.

List the five modes of transportation.For each mode provide a brief description (or examples)of the type of cargo that typically travels via that mode of transport.