Discuss the following: 2. Certificate of Origin (COO) and its importance in shipping. Support your answer with examples.
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Discuss the following:
2. Certificate of Origin (COO) and its importance in shipping. Support your answer with examples.
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- 4.3. which term best describes Logistics management: a. Looks at the material flow process as a complete system, from initial need for materials to delivery of a finished product or service to the customerb.Focuses on minimizing costs and lead times across tiers in the supply chain to the benefit of the final customerc.Focuses on long-term supplier relationships and commodity plans with the objectives of identifying opportunities in areas such as cost reductions, new technology advancements, and supply market trendsd.Ensures that every step in the supply process adds value, that inventories are kept at a minimum level, and that distances and delays between process steps are kept as short as possiblee.Refers to the integration of supply-related functions to provide effective and efficient materials and services to the organization5.3 Which five would you use in analysis the suppliers to your business.The Bright Company wants to figure out the best way to ship their new product, Flying Widgets, from their factories through their warehouses to their retail outlets. They would like to set up a Transhipment table so they can use POM to find the least cost shipping routes. They have hired you to set up the Transhipment table based on the information below. You will be paid handsomely if you can come up with the correct table. Shipping Costs Shipping Costs 01 02 03 04 Wi W2 W3 W1 4. 2 F1 4 W2 4 F2 4 2 W3 4. 3. 4. Also, Flying Widgets can be shipped from Factory 1 to Factory 2 for $3 per unit. Factory 1 can produce 300 units and factory 2 can produce 100 units. Outlet 1 demand is 50 units, Outlet 2 is 150 units, Outlet 3 is 100 units, and Outlet 4 is 100 units.
- 2 Read the given scenario and explain logistics operations involved in it. You need to evaluate on these key points. Maximum length of this answer is 250 words. (Marks-05) The role of logistics in the context of successful supply chain Discuss time utility and place utility in the context of above scenario Evaluate drivers of logistics for the same Discuss the mode/modes of transportation you find in the given scenario. A Rose Is a Rose, but Only If It Is Fresh Supply chains for food and flowers must be fast, and they must be good. When the food supply chain has a problem, the best that can happen is the customer does not get fed on time; the worst that happens is the customer gets food poisoning and dies. In the floral industry, the timing and temperature are also critical. Indeed, flowers are the most perishable agricultural item—even more so than fish. Flowers not only need to move fast, but they must also be kept cool, at a constant temperature of 33 to 37 degrees. And they…As a supply chain and logistics management student, you have completed key aspects of the discipline throughout your qualification, namely, purchasing management, supplier relationship management, warehouse management and strategic supply chain management. This question requires you to reflect on your knowledge and understanding of supply chain management. You are required to write a one-page report where you reflect on: • Which areas of this module did you find most interesting and challenging to learn about? Why? • If the procurement process for inventory is not ethically done, what do you think would be the impact on organisations? • Do you think the individual responsible for managing inventory i.e., performing ABC analyses or tracking inventory through a warehouse needs to be analytical? Why or why not? • Would using artificial intelligence through computer programs give a non-analytical person an advantage? • Could a career in inventory management be the future for you? Why or…What are the techniques that Halfords has used to enable it to provide a flexible amount of storage capacity and improve its supply lead times by these collaborations?
- What were the very first logistics informations recorded in history?Colombo Coffee Co is the ultimate coffee shop based in Durban North, has everything a coffee lover would want. First there's the excellent coffee and then there's a range of coffee equipment and beans on sale. The friendly staff are always willing to explain the coffee process to you and offer tours, cuppings, french press, cold brews, and well, any coffee information you require. Assume Colombo Coffee Co: merges with a major coffee beans supplier. Which one of the following is most likely to be an advantage as a result of this merger? A. External economies of scale will increase efficiency B. Greater control to lower prices of coffee C. Industrial diversification increases risks C. Lower monopoly power in the coffee market wwAs a supply chain and logistics management student, you have completed key aspects of thediscipline throughout your qualification, namely, purchasing management, supplier relationshipmanagement, warehouse management and strategic supply chain management.This question requires you to reflect on your knowledge and understanding of supply chainmanagement. You are required to write a one-page report where you reflect on:• Which areas of this module did you find most interesting and challenging to learn about?Why?• If the procurement process for inventory is not ethically done, what do you think would bethe impact on organisations?• Do you think the individual responsible for managing inventory i.e., performing ABC analysesor tracking inventory through a warehouse needs to be analytical? Why or why not?• Would using artificial intelligence through computer programs give a non-analytical personan advantage?• Could a career in inventory management be the future for you? Why or why not?
- A. which of the following shipping modes should be selected for shipping cargo from South Korea to the US? ocean Freight Air freight It depends on the product type and Transit time requirement pipeline B.which of the below Transportation modes is most appropriate to transport liquids and natural gases? track ocean Freight pipeline Railway Freight air freight C. what are the criteria to measure whether a supplier is qualified? company code of conduct Financial stability production capacity and quality all of the above3-The trade-off between transportation and inventory costs is significant when designing a supply chain network. Two fundamental supply chain decisions involving this trade-off are Choice of Transportation Mode and Inventory aggregation.Design a complete supply chain network for a FMCG company based in Pakistan. However, suppliers are both local and international but the distribution is confined in Pakistan only. This is a push-based industry and business model is horizontal. You are required to do the following activities and don’t write anything in detail. Required: Wherehouses at each stage, its type and strategies for warehouse locationWarehouse management plays a strategic role in the overall supply chain process. Effective warehousing strategies can assist the firms in increasing supply chain surplus. On the basis of online data availability, select any organization and analyze its warehousing strategies. 10 marks Length of the answer: Between 200 and 220 words Originality: 3 References: 1 Analysis of warehousing strategies used by the selected organization: 6