1.Modern logistics is one of the most challenging and exciting jobs in the world.
2.Logistics is part of a supply chain.
3.Logistics is anything but a newborn baby.
4.Logistics is a unique global “pipeline”.
5.Logistics is related to the effective and efficient flow of materials and information.
6.Logistics operation and management include packaging, warehousing, material handling, inventory control, transport, forecasting, strategic planning, customer service, etc.
7.Logistics consists of warehousing, transportation, loading and unloading, handling, carrying, packaging, processing, distribution and logistics information.
8.Logistics may be divided into supply logistics, production logistics, distribution logistics, returned logistics and waste material logistics.
9.Logistics is now the last frontier for increasing benefits in industrial production..
10.Logistics is unique, and it never stops!
11.Logistics performance is happening around the globe, twenty-four hours a day, seven days a week and fifty-two weeks a year.
12.Logistics is concerned with getting products and services where they are needed and when they are desired.
13.Logistics is 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.
14.Logistics is a hot topic in China。
15.The overall goal of logistics is to achieve a targeted level of customer service at the lowest possible total cost.
16.It is important that persons involved in day-to-day logistics work have a basic understanding of logistics.
17.Logistics must be managed as a core competency.
18.Logistics competency directly depends on a firm’s strategic positioning.
19.Logistics service is a balance of service priority and cost.
20.A lot of books on logistics, either in Chinese or in English, were published in 2002.
21.There is great room for logistics development in China.
22.I wish to make logistics my lifetime career.
23.ABC classification is quite useful in inventory control.
24.The JIT production system was developed by the Toyota Motor Company about 50 years ago.
25.Just-in-time (JIT) techniques are sometimes referred to as just-in-time production,just-in-time purchasing and just-in-time delivery.
26.The key to JIT operations is that the demand for components and materials depends on the finalized production schedule.
27.There are five basic modes of transportation. They are water transport, rail transport, truck transport, air transport and pipeline transport.
28.Transportation is a vital component in the design and management of logistics systems.
29.If you keep an overstock of the inventory, expenses will incur not only in warehousing, but also in many other aspects, such as the capital cost and interest accruing to it, taxes, insurance and obsolescence cost.
30.Packing can be divided into industrial packaging and consumer packaging.
31.Packaging about protect the goods against damages during handling, storing and transportation.
32.Due to improper packing, the goods are terribly damaged.
33.Things like plastic, steel and glass can be recycled to reduce production cost so that natural resources are saved.
34.Both buyers and suppliers can benefit a lot from the reduction in the number of suppliers.
35.Just-in-time strategy ensures that while minimizing inventory levels, materials are made available for production.
36.The goal of just-in-time purchasing is zero inventory.
37.Information is crucial to the performance of a supply chain.
38.Setting inventory levels requires downstream information from customers on demand, upstream information from suppliers on availability and information on current inventory levels.
39.The idea of supply chain management was first put forward in the 1980s.
40.Supply chain management means the design, planning and control of the information flow, material flow and cash flow with a view to strengthening competitiveness.
41.Maritime shipping is an important link in international logistics service.
42.There are two types of shipping markets: the liner market and the tramp market.
43.A Container Load Plan is of five copies, each of which is to be given respectively to the terminal, the carrier, the shipping agent, the shipper and the party that stuffs the container.
44.After the cargo is stuffed into a container, it is handed to the container yard (CY) to be loaded on board according to the stowage plan.
45.A container terminal connects sea and land, transferring containers to and from ships. It is capable of handling containers more quickly, economically, accurately and in greater volumes than conventional ports.
46.Information is a key to the success of logistics.
47.Warehousing is not a new business, but it has gained new functions in modern logistics.
48.Inventory control can effectively reduce logistics cost.
49.Packing and sorting are two activities in logistics.
50.A supply chain is defined as a network composed of factories, suppliers, retailers and so on that supply each other with raw materials, components, products and service.