Question 1:
The entire aim for Logistics and Reverse Logistics in a supply chain is to add value and accomplish high customer satisfaction.
(a) Illustrate the terms, Reverse Logistics, Logistics and Supply chain.
(b) Describe, briefly the motivation for Reverse Logistics.
(c) How can logistics add value to a supply chain?
Question 2:
(a) What do you understand by the phrase ‘Intermodal Transport’? List all three factors which make possible the development of intermodal transport.
(b) ‘The development of Third Party Logistics TPL and Fourth Party Logistics 4PL can be considered partly as a consequence of business trend in outsourcing’.
(i) What do you mean by the term TPL and 4PL?
(ii) Why companies engage in TPL and 4PL?
Question 3:
(a) What do you understand by concept of ‘trade-offs’? Give three (3) examples of trade-offs to support your answer.
(b) Together with market, product, channel and competitor’s characteristics, there are other criteria which would normally be considered by company in the course of its distribution process. Elaborate on these criteria.
Question 4:
(a) In logistics, two strategic logistic options are frequently phrased in terms of Lean and Agile strategies. Elaborate on these two strategies.
(b) Illustrate out, the process for designing a logistics strategy.
Question 5:
Write briefly on the following
(a) Global logistics
(b) MRP and DRP
(c) Cross- docking