Questions for Chapter D12 Review

1. Explain the importance of logistics in warfare? Give examples where logistical operations have determined the winners of wars.
2. List the main functions of logistics?
3. Explain 7Rs framework- requirements for logistics.
4. How did logistics drive globalization?
5. Explain what are 1PL, 2PL, 3PL and 4PL.
6. What are the driving forces behind choosing 3PL or 4PL services in global business?
7. List the services provided by 3PL and 4PL providers.
8. Explain how the integration of logistics functions took place in the 20th century.
9. How do you understand micro-logistics and macro-logistics?
10. Explain the 3C model of competitiveness.
11. How can logistics provide a cost advantage in global business? Give examples?
12. How can logistics provide a value advantage in global business? Give examples.
13. How does the meaning of logistics costs differ depending on the value of the product itself?
14. What factors determine logistics costs?
15. What are the costs of keeping inventory?
16. How do logistics costs depend on the size of shipments?
17. Which logistics functions incur the most costs?
18. How are transportation and storage costs related to each other?
19. What are the methods of increasing value?
20. How are products segmented? How is it most efficient to organize logistics for different product segments? How is inventory handled depending on the volume and nature of the trade?
21. What is Pareto’s Law? How does it apply in logistics customer service?
22. Explain how some global companies turned a commodity into a service subscription?
23. What is the significance of logistics in post-transaction customer service?
24. Explain just-in-time logistics? What are its advantages? What threats does it pose? Why?
25. Explain what is harmful about excessive inventory levels?
26. What happens when a company begins to reduce inventory levels?
27. What is the effect of insufficient inventory on a retail store?
28. What is the effect of insufficient inventory of raw materials or production components on the factory?
29. What is the difference between factory inventory level planning and trade inventory level planning?
30. Explain the connections between improving service quality and increasing service costs?

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