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SECTION 7: LOGISTICS AND SUPPLY CHAIN (cont’d)

SPECIFIC OBJECTIVES                    CONTENT
Students should be able to:
3. distinguish between multimodal      Modes of transport and their suitability for
                                       different goods:
          and intermodal transport;
                                       (a) air;
4. interpret information on transport
          documents;                   (b) rail;

5. explain the role of transport in    (c) road;
          marketing;
                                       (d) marine (cruise and cargo);
6. identify advantages and
          challenges of supply chain   (e) pipeline; and,
          operations;
                                       (f) digital delivery.

                                       Transport documents including import
                                       licenses, bill of lading and airway bills.

                                       Role – to fast-track sourcing of commodities;
                                       ensure security of supply; and cost reduction.

                                       Importance of transport in domestic, regional
                                       and foreign trade.

                                       (a) Advantages: better quality of life;
                                                 wealth creation; new and innovative
                                                 job opportunities including
                                                 entrepreneurship, for example,
                                                 telemarketing.

                                       (b) Disadvantages:     globalisation,

                                                counterfeiting, product complexity,

                                                rapid product obsolescence,

                                                regulatory complexity, management

                                                blunders, changing market conditions,

                                                natural disasters, and political

                                                instability.

CXC 08/G/SYLL 17                       35
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