English Homework
Why did the author of this week’s reading find it necessary to compare the European and North American systems; are they really that different? How do costs of transportation impact global trade?
Why did the author of this week’s reading find it necessary to compare the European and North American systems; are they really that different? How do costs of transportation impact global trade?
What are the advantages and disadvantages of transporting product via pipeline? Research the web and supply the name, website, and the basic mission statement for three (3) companies that are involved in the pipeline industry. Compare the three companies to each other based on this information.
Describe the concept of “Economies of Scale” as it relates to the transportation industry. What advantages has economies of scale brought to transportation? Can you think of any disadvantages?
The Hub and Spoke Concept continues its development in the various modes of transportation (Maritime, Air, Truck, and Rail). Describe some of the key advantages this concept brings to the various modes of transportation.
Why has the provider of choice shifted from rail to motor modes? With the shift to motor freight carriers, the amount of traffic accidents have sky rocketed, please give your opinion of the reason for this.
What are the pros and cons of the current highway funding structure as related the taxes paid by motor carriers? How do you think sustainability efforts by Walmart will impact the larger logistics industry?
With respect to the supply chain, discuss the terms Just-in-time (JIT) & Materials Requirements Planning (MRP). How are they related to maintaining proper levels of inventory?
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If you were a retailer, are there any business functions that you would not even consider outsourcing to a third-party service provider (3PL)? If not, why not? Your choice of a type of retailer could be some local one person business, such as Bob’s Fruit Stand or a larger company such as Walmart.
Now, we bring this discussion about supply chains home, to your home. Of all the performance metrics described in this chapter, select one from each of the four “major categories” and explain how it might apply–not in a supply chain, but in your life as a student.