Scmn 3720 - Study guides, Class notes & Summaries

Non-Asset Based 3PLs have greater control and less flexibility than Asset Based 3PLs. T/F : False According to the textbook, 3PL spending is highest in North America vs. other global regions. T/F : False, Asia Pacific Merge in transit is a type of service that involves local transportation of containerized cargo. T/F : False An asset based 3PL has tangible equipment and facilities. T/F 2 | P a g e : True According to the Penn State-Capgemini study, 90% of 3PL users state that th...

SCMN 3720 Exam 2 | Questions and Answers What are the four main areas of operations management in a distribution facility? Process management Resource management Inventory management Performance management PRIP What's the definition of Process Management in a distribution facility? Process management ensures each process area has the space and resources needed to execute the defined process What are the key aspects of Process Management in a distribution facility? 1. ensure product is flow...

How many people are employed in the U.S. motor carrier industry in 2014? : 7.3 million people 2) How many for hire interstate motor carriers were on file with the DOT in 2015? : 586,014 True or false: less than truck load motor carriers do not need terminals. : false: TL carriers may not need them, but LTL carriers must have them 4) What is the minimum capital needed to form a TL motor carrier? : $5k - $10k True or false: labor and fuel are the highest proportion of fixed costs for TL mo...

What development, in the mid-19th century, affected the use of water as the primary mode of bulk transportation movement in the United States and its cities? : The first particle form of long distance freight and people transportation Which other transportation mode does water primarily compete with for the movement of dry bulk commodities? : Railroads Which other mode does water primarily compete with for the movement of bulk liquids? : Pipeline What has caused the relative importance...

SCMN 3720 Test 1 Strickland Questions Answers Rated A+ Transportation has been described as the glue that holds the supply chain together. T/F True In 2030, it is estimated that 60% of the world's population that will live in urban areas. T/F True Reverse logistics systems are developed for receiving payment from customers. T/F False Europe is the continent that will have the largest number of megacities by 2015. T/F False The 3 major flows in a supply chain are products, inf...

3PL : 3rd party logistics. anything that you can outsource 5 Categories of 3PL's : 1. Transportation Based 2. Distribution Based 3. Forwarder Based 4. Financial Based 5. Information Based Transportation Based : business origin in freight movement -Move freight, manage transportation operations, operate fulfillment centers, develop logistics solutions Distribution Based 2 | P a g e : Business origin in the public or contract warehousing -Focus on inventory management, warehous...

What % of the total freight tonnage does motor carrier industry represent? : 70% What is the difference between for-hire and private carriers? : For-hire provide services to the public and charge a fee Private provide a service to the industry or company that owns or leases the vehicles and don't charge a fee but do incur a cost What is the difference between common carriers and contract carriers? : Common carriers are required to serve the general public upon demand, at reasonable ra...

Transportation has been described as the glue that holds the supply chain together. T/F : True In 2030, it is estimated that 60% of the world's population that will live in urban areas. T/F : True Reverse logistics systems are developed for receiving payment from customers. T/F : False Europe is the continent that will have the largest number of megacities by 2015. T/F : False The 3 major flows in a supply chain are products, information, and money. T/F : True 2 | P a g e The suppl...

Project Management Professional (PMP) - Exam Preparation. Questions & Answers. Verified/ What is some extra reading you can do to prepare for the exam? *Project and Program Risk Management, R. Max Wideman *Quality Management for Projects and Programs, Lewis R. Ireland. *Doing Business Internationally, Walker, Walker, and Shmitz *The Cultural Dimensions of International Business, Gary P. Ferraro *Global Literacies, Robert Rosen *How to Lead Work Teams, Fran Rees *Principles of Project...