CLA 1

What is the Global Supply Chain Logistics?

• The process of material, information, and money flowing from the source of supply to the consumer

• A system for tracking inventory levels and stock locations

• The management of transportation vehicles and routes

• A method for optimizing production schedules

What is the primary role of Raw Material Providers in the supply chain?

• To provide transportation services for raw materials

• To extract the raw material needed to produce a product

• To manage the inventory of raw materials

• To distribute finished products to customers

What is the main function of Production Facilities in the supply chain?

• To store raw materials for future use

• To convert raw materials into manufacturing products

• To distribute products to retail stores

• To manage the flow of information and money

What is the focus of a warehouse in the supply chain?

• Movement of finished goods to a transport vehicle

• Storage and inventory management

• Extracting raw materials

• Converting raw materials into products

What is the purpose of a Bill of Lading (BOL)?

• To serve as a receipt for the shipment of freight

• To provide a list of items in storage

• To track the movement of goods within a warehouse

• To schedule production activities

True or False: The BOL is issued by the shipper and is provided to the carrier.

• True

• False

Logistics is the link between facilities within the supply chain. Is this statement true or false?

• True

• False

What are the two flows of logistics that involve the storage of goods, services, and related information?

Which of the following is NOT a step of material handling logistics process of their manufacture, distribution, consumption, and disposal?

• Movement

• Storage

• Control

• Marketing

What does the global supply chain logistics involve?