QUESTION 1
(a) What do you realize by the term ‘Intermodal Transport'? Listing three factors which make possible the development of intermodal transport.
(b) ‘The development of Third Party Logistics TPL and Fourth Party Logistics 4PL be able to be considered partly as a consequence of the business trend in outsourcing'
(i) What do you mean by TPL and 4PL?
(ii) Why companies connect in TPL and 4PL?
QUESTION 2
(a) What do you understand by concept of ‘trade-offs'? Provide 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 a company in the course of its distribution process. Detailed on these criteria.
QUESTION 3
(a) In logistics, two strategic logistic options are regularly phrased in terms of Lean and Agile strategies. Elaborate on these two strategies.
(b) Describe, briefly process for designing a logistics strategy.
QUESTION 4
Write down briefly on following
(a) Global logistics
(b) MRP and DRP
(c) Cross- docking