……… is the science, art and technology of enclosing or protectingproducts for distribution, storage, sale and use.

TEU stands for Twenty-foot Equivalent Unit

It is a method of calculating vessel load or capacity

40ft long container measure 2TEUs

TEU is also understood as ton

a slang term for a particular type of ocean liner

a type of packaging material that is placed inside of boxes

material is used to block and brace products inside carrier equipment

additional transportation fees that are charged to small shippers

physical distribution

materials management

warehousing

materials handling

1PL, 2PL, 3PL, 4PL

Logictics input, logictics output

FMCG logictics, automotive logictics, chemical logictics, electronic logictics, petroleum logictics

Simple logics, complex logics

Availability: Apply routine work on a continuous basis, by specifying proceduresfor performing screening, sorting, and cleaning tasks

Care: Maintain the results obtained from the above 3 steps and constantly evolving 3s: sort, sort, clean at all times, everywhere

Sort: arrange the essentials in an easy-to-access order

Organize: arrange the essentials in an easy-to-access order

Increase labor productivity

Increase business efficiency

Apply solutions promptly

Reduce inventory at all stages: raw materials, semi-finished products, finishedproducts

Support for the smooth flow of economic transactions

Impact on the integration of the economy

Effective logic instruction increases competitiveness

All are true

Supply chain is the art and science of collaborating to bring the best products and services to consumers

Supply chain is the art and science of collaborating to deliver products the best service for consumers

Logictics is part of the supply chain, doing planning, implementing and controlling the flow and storage of goods… meeting customer needs

Logictics includes including the supply chain in its operating cycle

The nature and importance of recall logics varies from industry to industry and across distribution channel locations

Recall logics are a way to reduce costs, increase revenue, and improve customer service

Logictics recall is only possible in countries where logistics services are well developed because of the high cost in itself

Recall logic is becoming an important part of current and future supply chain strategy

Recognizing the role of infrastructure, the port is the core distribution arm of theKorean economy

Korea focuses on amending policies and guidelines for the logistics industry with the goal of supporting the reform of the market structure and the logistics industry

Korea is the first country to develop logistics parks

As a special strength of Korea, the government has many open and timely policies to create motivation for the development of logistics services