Logistics General Knowledge

What is the most accurate definition of ‘Incoterms’?

What term describes the process of selling via multiple channels to distribute customer orders?

What’s missing from this 7 Rights of Logistics definition?

Getting the right product, in the right quantity, in the right condition, to the right place, ……………….., to the right customer, at the right cost

Which system has emerged to support e-commece successfully manage inventory, fulfilment and distribution?

An example of this would be UPS requesting their consumers to reuse the boxes to ship products to reduce the impact on the environment.

Just-in-Time (JIT) would be defined as a strategy that aligns production line requirements with holding stock in a warehouse ready to satisfy demands.

Customers wanting faster, accurate and cheaper deliveries has driven the importance of what?

The future will see more ‘closed loop supply chains’ what is the common term for this strategy?

Which provider is most commonly utilised by companies to manage standard transport and logistics functions in supply chain management?

Blockchain increases transparency and visability and enables the secure exchange of data?