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Aliyah Ali

October coursework

Multiple choice
1. D
2. C
3. D
4. A
5. D
6. C
7. D
8. B

Structured Questions

1. Logistics Management is a component of supply chain management. It controls the flow of


goods, their storage, and related services and information between businesses, within a supply
chain, and between the finished product's producer and the end customer.

2. Reverse flow of goods refers to moving products and materials back into the supply chain, after
it has been transported, such as when the consumer returns a good too it’s producer.

3. One important function of the reverse flow of goods is disposal of waste, this includes discarding
packaging, perishable items that are beyond use and damaged goods that will be to costly to
repair

4. Reverse logistics is important because it ensures a good supply of commodities. The system


lowers costs, adds value, lowers risk, and brings the product life cycle to an end

5. One important service of logistics is organizing the storage of goods. This is where businesses
store their product in buildings also known as warehouses. These buildings are used my
producers, exporters and wholesalers

6. Domestic trade is important for a business to distribute its product within the national boarders
of a country. Domestic trade uses multimodal transport, the most common methods of
transportation in domestic trade are road and rail. It is important for the goods to reach their
destination is the most efficent way
Regional trade is important for a business to distribute their product across countries in a
region, for example the Caribbean. Regional trade uses intermodal transport with the most
common methods being marine (cargo), road, rail and sometimes air transport. It is important
for the goods to reach their destination is the most efficent way

International trade is important for a business to distribute their product to countries


worldwide. international trade uses intermodal transport, mainly air transport and sometimes
marine and road. It is important for the goods to reach their destination is the most efficent
way.

7. One possible problem that goods may encounter during transportation is spoilage. This is where
perishable goods spoil from either improper storage facilities or damage during shipment

8. One way to mitigate this problem is to liaise with the supplier beforehand to ensure the goods
are properly packaged and labelled with the correct instructions or stickers

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