GMS 200 Lecture Notes - Lecture 11: Oil Tanker, Panamax, Qantas

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Ricardo Reyes

Document Summary

Class 1 & 2: 5 driving forces. Empowered consumer: informed consumer has low tolerance for poor quality in products or services. Communication industry, utility industry, financial institutions blurred cultural differences. Globalization: no geography unlimited access to the world. Power shift in supply chain: large retailers more demanding and commanding. Transportation is the spatial linking of derived demand. Relationship between space and time can either converge or diverge. Flows movement of people freight and information over their networks. Modes mobility element of transportation conveyances (vehicles) moves freight and passengers. Infrastructure physical support of transportation modes (routes, terminals ) Demand forecasting, requirement planning, production planning, purchasing: core components of transportation, outbound logistics. 7. orders processing: logistics supply chain. warehousing, inventory, packaging, material handling. Operations outbound storage/ transportation consumer distribution customer. The right to fly over a foreign country without stopping there (sydney .