1) List and explain the challenges in global logistics 2) What is the role of RF
ID: 391521 • Letter: 1
Question
1) List and explain the challenges in global logistics
2) What is the role of RFID chips in logistics?
3) Why is it desirable to reduce the number of suppliers in the supply chain? What are the risks?
4) Explain what is meant by the statement, “Align your financial supply chain with your trade supply chain.”
5) What is the role of a supply chain service provider? How does this aid or hinder the efforts to manage an offshore supply chain?
6) Kaizen is usually and internal activity focused on improvement. Explain how Kaizen might be used for improving the supply chain.
Explanation / Answer
1. Global logistics is a complex process due to the fact that it needs to cover two geographically distant places with different political, economic and trade climate. This is the reason why logistics is a costly process when it is utilized overseas. There's a difference in the tax law as well as based on the location and the requirement, the best possible execution can be selected. This is a challenging process and requires the knowledge of the area of function as well as proper forecasting, planning and preprocessing in order to be able to cater to the best possible execution of the process.
2. Rfid chips allow companies to not only track their shipment but also in the case of perishable goods, determine if the shipment would reach in time for the goods to be able to be utilized by the buyers or the customers. It also provides security in the sense that sometimes items can get misplaced or even stolen and it helps the company provide a separate safeguard for the process.
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