A. which of the following shipping modes should be selected for shipping cargo from South Korea to the US? ocean Freight Air freight  It depends on the product type and Transit time requirement pipeline B.which of the below Transportation modes is most appropriate to transport liquids and natural gases? track ocean Freight pipeline Railway Freight air freight C. what are the criteria to measure whether a supplier is qualified? company code of conduct Financial stability production capacity and quality all of the above

b) Impact of the Fourth Industrial Revolution on Supply Chain Lea Manufacturing industry Additional Revenues 22.6% 20.1% Cost Reduction 17.6% Cost Reduction + additional revenues 17.6% Logistics Service Additional Revenues 33.6% 14.5% Cost Reduction 34.2% Cost Reduction + additional revenues 17.8% 每 Retail Additional Revenues 33.3% 25.5% Cost Reduction 7.8% Cost Reduction + additional revenues 33.3% Source: http://www3.weforum.org/docs/WEF The above diagram shows the expected impact of digital transformation on the cost situation in companies practising Industrial Revolution 4.0 (IR 4.0) principles. a) Discuss two (2) factors that could benefit the logistics industry when embracing the digital transformation initiative. Elaborate two (2) activities in logistics operations that require changes to fulfil the digital transformation to IR 4.0.

Key Performance Index of a Logistics Company b) KEY PERFORMANCE INDEX (KPI) Delivery in Full (By Line) Delivery on Time Delivery in Full On Time (DIFOT) (By Line) (In Full x On Time) Total Supply Chain Management Cost Cash to Cash Cycle Time Stockturns (Finished Goods) PERFORMANCE 95-97% 95-97% 60 Days 99% > 99% > 95% 10 Turns BEST WORLD S Source: Logistics Bureau (2018), Benchmarking Report Performance measurement is a methodology to optimise the execution of business strategy. Based on the diagram above: a) Briefly discuss four (4) issues of key performance index (KPI) that transport operators need to focus on in their business to achieve success. Critically examine the strategies a logistics company has to undertake to become world class.

Case 1: Distribution woes hobble start-ups in India At 4 am every day, you will find a crowd of hawkers near the Chhatrapati Shivaji Railway Terminus in Mumbai. They line up to buy their daily inventory of newspapers and magazines from 15-odd distributors, all located in a dark lane outside the nearby New Empire Cinema. After making their purchases, the street vendors fan out into the city on bicycles, motorbikes, rickshaws, and trains. By 6 am, the crowd has vanished, and if you walk past the theatre during the day, you will most likely miss the nerve centre of magazine and newspaper distribution in Mumbai. Most hawkers in Mumbai have a cash budget of around US$3 or US$4 a day, and they usually have a similar amount tied up in unsold inventory (returns). Elsewhere in the country, vendors have even less cash to spare. The key question an entrepreneur wishing to launch a new periodical must ask is: Why would a hawker want to lock up his scarce capital in my product? Failing to ask that…