Ch 9 - delivery Flashcards Preview

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Flashcards in Ch 9 - delivery Deck (14)
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1
Q

Logistics

A

Mgt of inventory in motion and at rest
-plans, implements and controls the efficient, effective forward and reverse flow and storage of goods, services, and related information between point of origin to the point of consumption in order to meet customers requirements

2
Q

Mode of transportation

A

Means by which people, freight, or information gain mobility

3
Q

Mobility

A

Land (road, rail, pipeline), water and air

4
Q

Common carrier

A

Transportation service to all shippers at published rates in a non discriminatory basis between designated points
-flexibility in est rates and routes

5
Q

Contract carrier

A

For-hire carrier that provides service to a limited number of shippers and operates under specific contractual arrangements that specify rates and services
-lower rates than common carriers because volumes are higher with individual shippers and scheduling is more predictable

6
Q

Exempt carrier

A

For-hire carries,

  • but exempt from regulation of rates and services
  • allow farmers to transport agriculture products on public roads
7
Q

Private carrier

A

Provides transportation for its company’s own products and the company owns or eases all related equipment and facilities
-advantage of not being restricted by regulations and the flexibility that this status offered

8
Q

Freight forwarders

A

Buy dedicated space on schedule carries

  • benefits: lower rates than the shipper might otherwise receive and one point of contact for shipments that may span two or more modes and carries
  • domestic or international
9
Q

Brokers

A

Charge shippers a fee for arranging transportation services with a carrier
-shippers agent in negotiating rates

10
Q

Customs house brokers

A

Importing products

  • provide est of landed costs, payments to offshore supplies, and insurance options to shippers
  • expedited transportation, same day service, freight forwarders, brokers, and customs
11
Q

Expedited transportation

A

Specific delivery guarantee

- less than 5 days

12
Q

Two categories of carrier rates

A
  1. Line haul rates - per mile truckload pricing charged for moving products to a nonlocal destination has class rates, exception rates, commodity rates, misc rates

2 accessorial rates - charges for services not included in the negotiated line haul rate. Like fuel surcharges, Sunday pickup/delivery, stop-off fee, layover, loading and unloading

13
Q

Rate discounts pg 249

A
  1. Aggregate tender rates
  2. Flat percentage discounts
  3. Increase volume-increased discount percentage
  4. Specific origin and destination points
14
Q

Bill of lading

A

Key document in the movement of goods
-info about products being shipping, weight and qty
Contract terms and final destination