Chapter 9, Problem 4SQ

Explain the effects of risk on logistics service providers.

3) Explain integrated logistics management and the different ways through which a company can achieve it

What is a closed-loop transportation scheme, and how does it work? Why is it essential to have dedicated or contracted transportation carriers in such a system?

Transportation mode decisions are generally driven by two major factors: cost and service

Understand the fundamentals of transportation management and how these services can be sourcedefficiently and effectively

Discuss different types of carriers in the business.

Explain company’s current transportation strategies used to improve supply chain performance and the effective role of information technology that supports transportation planning and execution.

Water carriers played a dominant role in the transportation system of the United States in the 18th and 19th centuries. Why has their relative position declined during the 20th century? Are they still an important component of the total transportation system? Why or why not?

Appreciate the advantages and disadvantages of private transportation service contrasted to for-hire carrier service