Transportation Risk Management (CH.5)

---------------------- is a software system that helps companies manage logistics associated with the movement of goods - by land, air, sea, or a combination of transportation modes.

• Intermodal transportation

• International transportation

• Transportation Management System (TMS)

• Shipper

What is one of the primary planning functions of a TMS in supply chain management?

• Scheduling employee shifts

• Determining the most efficient routes and shipment consolidations

• Designing product packaging

• Managing corporate investments

How does a TMS facilitate execution in supply chain management?

• By creating customer loyalty programs

• By accepting carrier rates, tendering shipment loads, and monitoring shipments

• By managing company sales data

• By scheduling marketing campaigns

What is a key visibility feature of a TMS in the context of supply chain management?

• Generating marketing strategies

• Real-time tracking of shipments and assets in transit

• Conducting financial audits

• Monitoring employee health and safety compliance

In terms of settlement, how does a TMS support supply chain management?

• By conducting market research

• By managing freight billing, auditing, payment processing, and documentation

• By overseeing office supply orders

• By facilitating team-building activities

What does optimized route planning in a TMS consider?

• Traffic conditions, distance, and delivery windows

• Carrier rates only

• Customer service feedback

• Social media trends

The first Stage of TMS Implementation which contains Establish goals, create timelines, and allocate resources is :

• Project Planning

• Go-Live

• Integration

• Testing

Which of the following is an advantage of using advanced TMS technology?

• Increased manual effort

• Cost Reductions

• Higher documentation requirements

• Reduced accuracy in order fulfillment

How does TMS technology improve inventory management?

• By reducing tracking visibility

• By automating customer complaints

• By monitoring order and shipping lifecycles in real-time

• By slowing down shipment processing

In what way does TMS technology enhance customer service?

• By providing inaccurate delivery time predictions

• By delaying shipment tracking information

• By offering accurate delivery time predictions and real-time tracking

• By limiting communication with customers