Exam 2: International Supply Chain Management

The change in government policies that allowed FedEx and other air carriers to purchase larger aircrafts and compete with other airlines was called ____________________.

Logistics costs have generally steadily declined over the past 50 years,when expressed as a percentage of the GDP of the United States.

Caterpillar operates 14 plants worldwide where it disassembles used heavy equipment received from its customers,with the goal of ____________________ the machines.

The cost of air cargo shipments decreased after the deregulation of the 1980s.

"Supply chain management" is now considered to include not only the management of all of the activities that are part of "logistics," but also the management of the relationships of a company with its suppliers and customers.

The single most important development in international ocean shipping was the creation of containers.

The person responsible for the creation of containers in 1956 was named Malcom McLean.

The fact that there are different languages,cultures,currencies,and laws in foreign countries illustrates the idea that the international logistician operates in a more challenging ____________________.

International logistics involves activities that are more ____________________ than the activities of domestic logistics.

MRP,MRP II,and DRP are inventory management techniques that allow manufacturers to reduce their shipment times (the time that goods spend in transit).

Battaglia sees logistics as the merger of materials management and physical distribution,and supply chain management as the merger of logistics with marketing,sales,information technology,and,most importantly,strategic planning.

Logistics costs (transportation and inventory costs)represent about 15 percent of the United States' gross domestic product (GPD).

Reverse logistics activities are similar to the traditional activities of logistics,but occur after the product has been ____________________.

International logistics costs (transportation and inventory costs)represent about 15 percent of the total word-wide volume of trade.

The city of Curitiba,in Brazil,solved two problems at once; its recycling efforts have reduced pollution and landfill usage,while employing very-low-income residents.