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KEYS
I. Key things in Logistics.
Reading
1. Match the words or phrases on the left with the definitions on the right.
1 – l, 2 – d, 3 – a, 4 – m, 5 – b, 6 – c, 7 – e, 8 – n, 9 – h, 10 – p, 11 – q, 12 – f, 13 – g, 14 – I, 15 – j, 16 – o, 17 – r, 18 – k.
4. Find the words in the text meaning the following:
To move – to treanfer; division (into) – decoupling; costly – expensive; to overcome – to bridge; transport breakage – vehicle breakdown; jam, obstruction – lane congestion; dim, indistinct - blurred; equally, medium; together/along with – on a par with; alternative – tradeoffs.
3. Define whether the sentences are True or False.
1. F, 2. T, 3. F, 4. F, 5. T, 6. F, 7. T.
5. Here is the text about different distribution strategies. Fill in the gaps while reading it.
1) direct shipment, 2) warehousing, 3) cross-docking, 4) to bypass, 5) advantages, 6) lead times, 7) disadvantages, 8) to be negated, 9) transportation costs, 10) fully loaded trucks, 11) to mandate, 12) to be reluctant, 13) to be prevalent, 14) warehouse capacity, 15) to estimate, 16) the inventory turnover ratio, 17) to calculate, 18) storage space, 19) to multiply, 20) by a factor, 21) average inventory level, 22) components, 23) handling costs, 24) fixed costs, 25) storage costs, 26) cost values, 27) significantly, 28) decision-support system, 29) annual flow, 30)to peak inventory
6. Continue reading the text about distribution systems and fill in the gaps with missing prepositions.
In , at, from, to, in, at, by, with , within, for, of, for, up, at , at, in.
Watching the video
2. Watch the video again and fill in the gaps with the missing words given above.
1.to keep an eye on, 2. glitches, 3. stock outs, 4. key performance indicators, 5. to gain a competitive advantage, 6. buzz words, 7. to provide the right product, 8. service requirements, 9. exponentially, 10. in terms of, 11. emergency deliveries, 12. free delivery, 13. geographic location, 14. inbound costs, 15. stock keeping
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units, 16. with a negative margin, 17. average cost per order, 18. revenue side, 19. cost side of the equation, 20. end-to-end, 21. customer behaviors.
II. Logistics process
Reading
Text 1.
5.Define whether the sentences are True or False.
1.F, 2. F, 3. F, 4. F, 5. F, 6. T, 7. F, 8. F, 9. T, 10. T.
Text 2.
1.Match the words or phrases on the left with the definitions on the right.
1– aa, 2 – n, 3 – v, 4 – a, 5 – hh, 6 – m, 7 – d, 8 – t, 9 – x, 10 – z , 11 – ee, 12 – ii,
13– ff, 14 – r, 15 – bb, 16 – b, 17 – o, 18 – c, 19 – e, 20 – h, 21 – g, 22 – f, 23 – k,
24– cc, 25 – dd, 26 – j, 27 – l, 28 – i, 29 –gg, 30 – y, 31 – q, 32 – w, 33 – p, 34 – s,
35- u
2.Give opposites to the following words from the text:
Sufficient – insufficient, ability – inability, availability – unavailability, dependent
– independent, advantage – disadvantage, possible – impossible, effective – ineffective, suitable – unsuitable, understand – misunderstand, appropriate – inappropriate.
3.Define whether the sentences are True or False.
1.F, 2. F, 3. F, 4. T, 5. F, 6. T, 7. F, 8. F, 9. T, 10. T.
6.Fill in the gaps with missing prepositions.
1. in, with, 2. to, 3. out of , 4. of , 5. on, 6. to, 7. with, 8. off, in, up, to, 9. of, with, in, 10. in, of, in, for, 11. out, of, 12. in, under, 13. of, of , of, in, 14. around, of, of , 15. on, 16. out, through, in,
III.Logistics network planning
Reading
1. Match the words or phrases on the left with the definitions on the right.
1 – f, 2 – p, 3 – e, 4 – j, 5 – h, 6 – k, 7 – m, 8 – i, 9 – c, 10 – d, 11 – a, 12 0 g, 13 – q, 14 – b, 15 – l, 16 – o
2. Find the words in the text meaning the following:
To be aware of – to be informed about; paramount – prime, supreme; assessment – estimation, evaluation; to vary – to alter, to differ; relevant – applicable; to fluctuate
– to go up and down; option – an alternative, a choice; to evolve – to develop; impetus – impulsion, push; network – channels
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5. Fill in the gaps with missing prepositions.
1. to, 2. for, between, in, 3. for, |
of, 4. of, of, for, of, with, on, of , 5. in, on, of, 6. |
||
of, in, in, 7. at, |
out, 8. for, |
of, of, for, |
of, of, 9. of, between, with, to, 10. |
within, with, in, |
of, 11. from, over, 12. with, |
in, of, of, of, to. |
|
6. Chose the correct alternatives to complete the text below.
1) planning, 2) to derive, 3) quantitative, 4) to define, 5) location, 6) facilities, 7) sourcing, 8) relationships, 9) flows, 10) origin, 11) destination, 12) throughputs, 13) options, 14) relevant, 15) compromises, 16) collection, 17) link, 18) inputs, 19) to carry out, 20) models, 21) inventory, 22) routeing, 23) evaluating
7. Complete the following passage with the correct form of the words below.
1) external factors, 2) transport mode, 3) unit load technology, 4) internal factors, 5) qualitative, 6) quantitative, 7) operational, 8) modelling process, 9) a major element, 10) flows and costs, 11) resultant model, 12) time-consuming process, 13) underpin, 14) data collection process, 15) key areas, 16) logistics operation, 17) descriptive measures, 18) standard, 19) be categorized into, 20) demand for, 21) product life cycles, 22) descriptive data, 23) quantitative data, 24) numerical tables, 25) software packages, 26) modelling exercise, 27) variables, 28) data, 29) to suffice, 30) per annum, 31) collection, 32) logistics network, 33) logistics structure, 34) a value added.
8. Match logistics models (A-E) with the texts (1-5). Retell the texts and reveal the main ideas of the logistics models.
1 – E, 2 – A, 3 – D, 4 – B, 5 – C
Watching the video
2. Watch the video again and fill in the gaps with the missing words given above.
1) transport providers, 2)check list, 3) basis of the quote, 4) full vehicle load, 5) a standard semi-trailer, 6) B-double, 7) 20 foot container, 8) 40 foot high cube containers, 9) delivery spots, 10) trunking routes, 11) finger docks, 12) fuel surcharge, 13) modes of transport, 14) lead times.
IV. Channels of distribution.
1. Match the words or phrases on the left with the definitions on the right.
1 – r, 2 – m, 3 – f, 4 – I, 5 – j, 6 – s, 7 – c, 8 – b, 9 – h, 10 – d, 11 – n, 12 – k, 13 – q, 14 – p, 15 – a, 16 – o, 17 – g, 18 – l, 19 – e
4. Find the words in the text meaning the following:
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Point of sale – outlay; agent, dealer– broker; to improve – to enhance; considerably, evidently – markedly; to change, to diversify – to alter; knowledge, proficiency – expertise; lawmaking – legislation; accepted, common – conventional; limits - constraints; display – demonstration
5. Fill in the gaps with missing prepositions.
1. with, of, 2. of, of, within, 3. in, to, down, into, on, 4. on, of, by, in, from, 5. around, of, from, 6. to, in, between, 7. by, to, by, 8. in, through, for.
6. Complete the following passage with the correct form of the words below.
1) own-account, 2) alternative, 3) 3PL, 4) distribution, 5) a third-party company, 6) basis, 7) transport fleets, 8) confined, 9) common, 10) similar to, 11) characteristics, 12) delivered, 13) shared user, 14) distribution costs, 15) storage, 16) tailored, 17) number, 18) geographic, 19) previous, 20) relates, 21) trunking, 22) operator, 23) break-bulk, 24) stocks, 25) venture, 26) underutilized, 27) link, 28) multiuser, 29) context, 30) occasional, 31) cover, 32) peripheral.
V.Warehouse management
1.Match the words or phrases on the left with the definitions on the right.
1 – l, 2 – m, 3 – o, 4 – k, 5 – n, 6 – d, 7 – h, 8 – j, 9 – g, 10 – i, 11 – e, 12 – a, 13 – b, 14 – f, 15 – c
2.Find the words in the text meaning the following:
Consumables – nondurable goods, to track – to follow, to replenish – to refill, parameter – criterion, hazardous – dangerous, code – cipher, facilities – equipment, means, benefit – advantage, subsidiary – assistant, supplemental, application - function
5. Fill in the gaps with missing prepositions.
1. of, |
in, of, of, by, in, |
of, 2. |
in, before, to, 3. of, in, with, of, 4. of, on, of, in, |
out, |
5. on, above, 6. of, |
for, |
out, within, 7. to, for, from, at, of, to, in, 8. of, on, |
off, for, 9. of, through, on, 10. for, with, with.
Video scripts.
For those who don’t know much about supply chain or logistics management, I would like to highlight 3 key areas to keep an eye on. I often call these my 3 things a CEO needs to know about supply chain. But first, let’s understand why a company supply chain is so important. A recent study focused on identifying the impact of supply chain glitches on over 800 companies over a 9-year period. These
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were things like shipping delays, production delays, stock outs and the like. The average fall in share hold values was 8% or $190 mln.
How could that happen you might well ask? Well, sadly within many businesses the key performance indicators being used often don’t tell the whole story. So, let’s move on to the 3 things. These are:
1.Is our supply chain efficient?
2.What does our supply chain really cost our business?
3.Where can we improve our supply chain to gain a competitive advantage and improve the bottom line?
Simple questions I know but many businesses don’t know the answer, so be prepared to ask them or may be it’s you who need to have the answers ready.
So question 1: Is you supply chain efficient? Many people think they might need more buzz words such as lean, agile, CRM, CPFR, collaboration, more IT systems, and sure these may be needed but a lot can be achieved by getting the right people focused on the right processes. Quite simply your supply chain needs to provide the right product at the right service at the right cost. Quality is a given. You really need to understand your customer service needs are not all the same. Most companies over service some customers and underservice others, so your customer service requirements need to be identified and measured. We also need to make sure that the customer service offer is realistic, because as we all know in most businesses once the customer service performance reaches 90% or 95%, service cost increases exponentially. So, getting customer service right is really about understanding your different customer needs, the needs of your products and services in terms of how they’re delivered and the underlined cost drivers.
If you hear some of these types of comments in your business, get worried.
These are real examples. All customers get 2 deliveries per day. Why? I’m sure they don’t all need it or want it. We deliver to the North on Monday, the West on Tuesday, the South on Wednesday, the East on Thursday and on Friday we do emergency deliveries. Just don’t have an emergency on Monday, that’s all I’d say.
Only accounts that spend over $1000 per annum get free delivery. But if anyone complains about poor service, we give them free delivery.
Ok, question 2. What does our supply chain cost? You probably know highlevel numbers but you could be losing money on certain mixes of customer product and geographic location. Or certain processes may have much higher than expected