Cltd 2 Study guides, Class notes & Summaries

For which of the following does the seller bear the freight charges? -FOB Origin, Freight Prepaid -FOB Destination, Freight Collect -FOB destination, Freight Prepaid and Charged Back -FOB Origin, Freight Collect - ️️The seller bears the freight charges in FOB Origin, Freight Prepaid What makes the RoadRailer Unique? - ️️It is a bimodal trailer with two sets of wheels What is the NVOCC? - ️️A cargo consolidator (Non-Vessel Operating Common Carriers); Provide service on a c...

CLTD Module 2 Question and answers already passed 2024/2025 CLTD Module 2 - Logistics Network Design 3 Reasons to Assess Network Design - correct answer 1. Increased Customer Expectations 2. M&A redundancies 3. Freight volume increase/relocation of facilities charter - correct answer defines the scope of work, and objectives and end results of a project Network Design Process steps (8) - correct answer Create project team Identify drivers of change Audit as-is network Assess...

CLTD Question and answers correctly solved 2024/2025 CLTD - Module 6 Inventory Management Inventory Planning - correct answer The activities and techniques of determining the desired levels of items, whether raw materials, work in process, or finished products including order quantities and safety stock levels. Inventory Control - correct answer The activities and techniques of maintaining the desired levels of items, whether raw materials, work in process, or finished products. In...

CLTD Module 1 Question and answers already passed 2024/2025 CLTD Module 1: SECTION B supply chain management - correct answer The design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand, and measuring performance globally. (Suppliers+Logistics+Customers) Leveraging logistics - correct answer take advantage of you and ...

Activities involved in global transportation can be grouped by focus into 3 groups - ️️1. Transaction channel: point of ownership transfer, freight control, payment terms, securing payment 2. Communication channel: visibility and control of shipment w/ the right trade docs as it travels between countries 3. Distribution channel: mngmnt of risk of disruption of shipment mvmnt by optimizing use of reliable mode, carrier, and route Payment method risks - ️️- Open account: risk is on se...

CLTD Module One Question and answers correctly solved 2024/2025 CLTD Module One: Logistics and Supply Chain Overview Order to Delivery Cycle - correct answer the usual time between the customer placing an order and receiving the product Warehousing - correct answer the activities related to receiving, storing, and shipping materials to and from production or distribution locations. Transportation - correct answer the function of planning, scheduling and controlling activities rel...

Capacity Planning️️long to medium term planning process that results in providing the right amount of logistics capacity for actual demand Forecasting️️the business function that attempts to predict sales and use of products so they can be purchased/manufactured in appropriate quantities in advance Two Types of Forecasting️️qualitative and quantitative Primary purpose of forecasting️️to prevent overstocks and stockouts Bias️️a consistent deviation from the mean ...

CLTD Question and answers rated A+ 2024/2025 CLTD - Module 4 Dekitting - correct answer The removal of accessories or part kits from a product and returning the kit to the store or main product without the kit to the store. May also refer to the allowance of the resale of kits or products without their part kits. Buffer - correct answer 1.) A quantity of materials awaiting further processing. It can refer to raw materials, semifinished stores or hold points, or a work backlog that is p...

CLTD - Module 2 With 100% Verified Solutions

CLTD Question and answers verified to pass 2024/2025 CLTD - Module 5 Short-Sea Shipping - correct answer A form of water transportation that does not cross an ocean, but instead utilizes coastal and inland waterways to move shipments from maritime ports to their destination. Often used as an alternative to road transportation. Routing - correct answer 1.) Information detailing the method of manufacture of a particular item. It includes the operations to be performed, their sequence, ...