Business Finance
LG305 PARK 4 Logistic Strategic Considerations Assignment

Question Description

50-100 words required for each question.

  1. List 4 logistic strategic considerations that are relevant.
  2. List the 4 elements of the formulation and execution of the export sales contract.
  3. Identify the main driver in the globalization of logistics.
  4. Global logistics is a fast moving market and ver much consumer driven. Summarize the areas where there should be a focus.
  5. Identify 4 roles of the basic logistics team.
  6. Identify 3 factors that are relevant in the evaluation of the choice of the cargo delivery term.
  7. Identify the primary consideration when dealing with credit terms.
  8. Identify the points in deciding in which areas/regions to export products.
  9. Under market development strategy, what is the role of the exporter/logistics operator?
  10. Global logistics is all about efficiency in a high tech environment. What is the role of the global logistic operator?

Final Answer

Attached.

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Chapter Review Questions
4 logistic strategic considerations


Widening the consumer portfolio and quality dimensions through globalization



Increased productivity. Proper logistics planning and execution enhances productivity
through effective delivery and distribution operations.



Cost reduction. Costs can be minimized by adopting efficient logistical practices such as
cheap modes of transport.



Customer satisfaction. Logistics is vital to offering significant consumer value by
meeting their expectations on the timely delivery of products.

4 elements of the formulation and execution of the export sales contract


The Scope of work, which is an agreement on the type of goods being sold as well as the
type of activities expected of the seller such as installation and training.



Price and delivery terms. It covers the transaction cost, payment methods, currency to be
used, and the type of delivery.



Delivery, hold up, and penalties. Delivery dates are set, and terms ...

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