18 Questions
What is the Logistics Performance Index (LPI) of India in 2023?
38
What percentage of GDP is spent on logistics cost in the USA?
8.5%
Which of the following industries is NOT a major driver of the logistics sector in India?
Construction
What is a major challenge facing the logistics sector in India?
High employee cost
What is expected to revolutionize logistics in the next 5-10 years?
Digitalization
What is a skill-related challenge facing the logistics sector in India?
Availability of skilled manpower
What is a critical factor in deciding the method of shipment in logistics management?
All of the above
According to Incoterms 2020, what is a crucial aspect of logistics management?
Insurance during transportation
What is a major constraint in the logistics sector?
Slow adoption of new technologies
What is a key consideration when deciding whether to ship by air?
If the goods require a cold chain
What is a principle for shipping by air?
1:4 ratio rule
What is a factor that affects the mode of transportation in logistics management?
All of the above
What is a crucial element in warehouse management?
Material Handling Equipment (MHE)
What is a key aspect of logistics management?
Quality Control and Compliance
What is a major challenge facing the logistics sector?
Enhancing Logistics Performance Index (LPI)
What is a key concept related to logistics management?
Logistics 4.0
What is a critical component of the supply chain framework?
Logistics
What is another term often associated with logistics?
Supply Chain Management
Explore the logistics parameters of India, USA, and China including LPI score, logistics cost as a percentage of GDP, major industries driving the sector, and challenges faced. Learn about the sectors that share logistic costs and more.
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