Essay About Process Of Planning And International Trade

Perform Barrier Clearance Basic Assignment
Essay Preview: Perform Barrier Clearance Basic Assignment
Report this essay
1. What is logistics?
The process of planning, implementing and controlling the efficient effective flow and storage of goods services and
Related information from the point of origin to the point of consumption for the purpose of conforming to customer
Requirements.
My words
The process of transporting and protecting goods from the origin and beginning of production to the very end. Ensuring that
The product meets with the customer requirements.
2ROle of logistics in international trade
The role of logistics in International trade has a lot to do with integrated logistics. Integrated logistics being the
Anticipation of customer needs and wants. Because of the role of logistics is helping to supply the customer with the
Goods when they need them. Having the goods on hand so as the customer can have them quickly. This ensures a happy customer.
Logistics in international trade is anticipating these needs and transporting them to the place where they are going to be
Needed. So having them stored at the warehouse or store. So as when the customer wants it, it can be there quickly.
3Logistics and utility
A utility is
Form- so what form foes the utility take?
Possession- who is in possession of the utility?
Time- How much time does it take to get the utility to the required place.
Place- where the utility needs to be.
4customer service
Very important that customer service works closely with sales.
-Order cycle
The odder cycle impacts on customer service in the respect that the time spent and the activities that are performed from the
Time the order is received to the actual delivery of the order to the customer. So it refers to the right
Product, quantity, condition, place, time, customer and cost.
-Channels distribution
5transportation
-Mode- Pipeline, Air, Sea, land.
-Transport analysis- which sort would be better for what material. What the material is how long it will take by transport
To get to set target.
-Model and carrier selection- what sort of carrier should you select for when.
6.Inventory
-Why do we need inventory?
A place to store out goods. It means that we can have stock on hand to give to the consumer.
Symptoms of poor inventory
Long delivery time. Wrong stock being held. Poor re-ordering system. Backorders remaining constant but dollar amount if
Inventory rising. Increasing number of cancellations.
Costs involved-
If you reduce transportation costs it may increase inventory costs, as you will need more space to store the goods long term.
You have the costs of the warehouse plus insurance. Using automatic data collection. Barcodes scanners etc This will
reduce costs as more effective reordering need to keep less stock on hand.
classifying inventory
EOQ model- Economic Ordering quantity
EOQ=2PD/CV squared
P=cost