Review Questions – Logistics Management
Logistics Overview
Q 1. What is the difference between supply chain management and logistics
management?
Q 2. What are the objectives of logistics management from the viewpoint of the
manufacturer, logistician and the customer?
Q 3. Discuss as to how logistics affects the bottom line and how efficiencies can be
obtained. Explain with relevant examples.
Q 4. Discuss as to which components of the balance sheet get impacted due to logistics
and the ways to achieve greater efficiencies. Explain by giving examples.
Multimodal Logistics
Q 5. Discuss the evolution of multimodal logistics.
Q 6. Define the terms below giving suitable examples:
a.
b.
c.
d.
Multimodal
Multimodal
Multimodal
Multimodal
Transport
Transport Operator
Transport Contract
Transport Document
Q 7. What is the difference between Unimodal, Intermodal and multimodal transport.
Explain giving suitable examples.
Q 8. What is the aim of multimodalism? Illustrate with examples.
Q 9. Write a short note on MTOGA (Multimodal Transport of Goods Act).
Ocean Freights
Q 10. What are the components of ocean tariffs?
Q 11. Discuss the three basic principles on which ocean tariffs are based.
Q 12. Enumerate and discuss the factors which determine or impact the ocean freight.
Q 13. Enumerate and discuss the components of ocean tariff.
a.
b.
c.
d.
e.
f.
g.
h.
i.
j.
k.
l.
m.
n.
o.
p.
Basic Ocean Freight
BAF
CAF
EIS
Port Congestion Surcharge
Peak Season Surcharge
Aden Gulf Surcharge
Piracy Surcharge
International Security Charge
Liner Out
Documentation Fee
Change of Destination
Container Cleaning Fee
EDI Fee
Emergency Risk Surcharge
Heavy Weight Charge
Shipping Terminologies
Q 14. Differentiate between BAF & CAF giving examples to support your answer.
Q 15. Differentiate between tramp and liner shipping and illustrate your understanding
with relevant examples.
Q 16. Explain the below mentioned container terms giving suitable examples:
a.
b.
c.
d.
e.
f.
g.
FCL
LCL
FCL / FCL
FCL / LCL
LCL / FCL
LCL / LCL
Freight Revenue Ton (in reference to LCL shipments)
Q 17. What is the difference between IHC & THC ? Explain with examples.
Containerisation
Q 18. Define and explain the concept of a freight container.
Q 19. How did containerisation evolve and develop over the last 58 years?
Q 20. What is unitization and what are the methods used for the same. Illustrate.
Q 21. What are the different types of containers used in International trade and what
are their uses?
Q 22. What are the standard dimensions of the container (external and internal) and
the standard capacities (weight and volume)?
Q 23. Enumerate the benefits of containerisation to shippers, ship owners and port
authorities.
Q 24. Explain the concept of container leasing and the two important types of leases
available to users.
Incoterms 2010
Q 25. What are Incoterms 2010 and what is their importance in International trade?
Q 26. Define the existing 11 Incoterms 2010 giving suitable examples.
Q 27. Explain in detail the implications of cost, risk, insurance etc. to both the shippers
and consignees for all the Incoterms 2010.
Bills of Lading
Q 28. What are the functions of a Bill of Lading?
Q 29. Discuss the concept “A cheque is to money what a Bill of Lading is to goods.”
Q 30. What are the different types of Bill of Ladings used in International trade? Give
sailient features for each of them.
Q 31. What are the different modes by which B/L’s can be released?
Q 32. Discuss and explain with relevant examples the concept of high sea sale.
Letters of Credit
Q 33. Define the terms: Issuing Bank, Advising Bank, Confirming Bank and Negotiating
Bank. What role do they play in transactions through Letters of Credit.
Q 34. Discuss the advantages and disadvantages of Letters of credit from both the
exporters and importers perspective.
Shipping Intermediaries
Q 35. Which are the different intermediaries and the roles they play in international
trade?
3PL & 4PL Service Providers
Q 36. “Logistics outsourcing will considerably enhance the competitiveness of the
organisation.” Discuss.
Q 37. What is third party logistics? Explain its role in today’s context.
Q 38. Why do corporate outsource the logistics function and what benefits do they get?
Q 39. “Fourth-party logistics is an extension of third-party logistics with value addition.”
comment.
ICD’s / CFS’s / PSCT’s
Q 40. What are the functions of ICD’s / CFS’s / PSCT’s? What are the facilities provided
at each of the centres?
Q 41. What are the different cargo handling equipment used at ICD’s / CFS’s and the
Ports for handling international traffic?
Air Cargo
Q 42. What are the benefits and the bottlenecks faced by exporters and importers in
international cargo movement?
Q 43. Which international organisations control air cargo movement across borders.
Discuss the role they play.
Road Transport
Q 44. What are the advantages and disadvantages of road transport over other modes
of transport?
Q 45. Discuss the usage and importance of documents used related to road
transportation.
Q 46. What are the factors that determine freight rates?
Q 47. How are claims settled in movement of goods by road transport?
Rail Transport
Q 48. What are the infrastructure requirement necessary for rail transport of goods with
special reference to containerized cargo movement from inland destinations
(ICD’s) to Ports?
Q 49. Discuss the usage and importance of documents used related to rail
transportation.
Q 50. What are the factors that determine freight rates for rail transport of containers?
Q 51. How are claims settled in movement of goods by rail transport?
Reverse Logistics
Q 52. “Reverse logistics competency is a result of worldwide attention to environmental
concern.” Support your answer with illustrations.
Q 53. How is reverse logistics used as a tool for competitive advantage?
Q 54. More and more companies are inclined to develop a reverse logistics system.
What are the factors that encourage manufacturers to develop a reverse logistics
system? Explain how a manufacturer benefits from a reverse logistics system.
IT in Logistics
Q 55. Review the various technologies used in logistics in general for an efficient and
effective supply chain operation.
Q 56. Discuss the various automatic identification systems used in logistics.
Q 57. How does bar coding help in enhancing the efficiency and effectiveness of the
logistics system?
Q 58. What is EDI? Explain how it helps in reducing transaction cost and time.
Q 59. Discuss the various systems used for tracking a consignment, along with their
relative merits and demerits.
Q 60. Usage of new technologies will help in effective asset utilization in the logistics
supply chain. Explain.