Introduction To Transport & Logistics at University Of Stellenbosch | Flashcards & Summaries

Lernmaterialien für introduction to transport & logistics an der University of Stellenbosch

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What is logistics?

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Planning, implementing and controlling the flow of raw materials, inventory and finished goods to point of consumption
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How to measure trade logistics?
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  • Customs 
  • infrastructure 
  • tracking & tracing 
  • ease of international shipments 
  • logistics services quality 
  • timeliness 
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What exactly is logistics?
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Compromises of a network of services that supports the physical movement of goods within and across borders
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What is the backbone of trade?
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Logistics 
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What lowers trade costs?
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Good logistics 
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How to increase the amount of good logistics?
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Improving:
  • infrastructure 
  • customs
  • skills
  • regulations 
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Economics development and growth is dependent on what 4 factors?
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  • Productive regional specialisation 
  • division of labour and skills
  • exchange of goods, services 
  • information 
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Why are roads more logistically friendly?
 
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Give market coverage and distribution 
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What role did containers play in transportation?

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Assisted in improving integration between transport modes
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What does greater logistics value of road transport mean?
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Increased use of road over rail
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What are the 3 levels of Business logistics in macroeconomics perspective?
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  • Micro- individual company 
  • Meso- logistics processes across a sequence of supply chain partners 
  • Macro- collective of all logistics within the country
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What are the 4 components to logistics costs?
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  • Transport 
  • warehousing
  • inventory carrying costs 
  • management & admin 
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Q:
What is logistics?

A:
Planning, implementing and controlling the flow of raw materials, inventory and finished goods to point of consumption
Q:
How to measure trade logistics?
A:
  • Customs 
  • infrastructure 
  • tracking & tracing 
  • ease of international shipments 
  • logistics services quality 
  • timeliness 
Q:
What exactly is logistics?
A:
Compromises of a network of services that supports the physical movement of goods within and across borders
Q:
What is the backbone of trade?
A:
Logistics 
Q:
What lowers trade costs?
A:
Good logistics 
Mehr Karteikarten anzeigen
Q:
How to increase the amount of good logistics?
A:
Improving:
  • infrastructure 
  • customs
  • skills
  • regulations 
Q:
Economics development and growth is dependent on what 4 factors?
A:
  • Productive regional specialisation 
  • division of labour and skills
  • exchange of goods, services 
  • information 
Q:
Why are roads more logistically friendly?
 
A:
Give market coverage and distribution 
Q:
What role did containers play in transportation?

A:
Assisted in improving integration between transport modes
Q:
What does greater logistics value of road transport mean?
A:
Increased use of road over rail
Q:
What are the 3 levels of Business logistics in macroeconomics perspective?
A:
  • Micro- individual company 
  • Meso- logistics processes across a sequence of supply chain partners 
  • Macro- collective of all logistics within the country
Q:
What are the 4 components to logistics costs?
A:
  • Transport 
  • warehousing
  • inventory carrying costs 
  • management & admin 
introduction to transport & logistics

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