1 Write short notes on: v Logistical packaging
Answer : Concept of Logistical Packaging
Logistical Packaging is the science, art and technology of enclosing or protecting products for distribution, storage, sale, and use. It also refers to the process of design, evaluation, and production of packages. As explained
v Global supply chain collaboration
Answer : Supply Collaboration reduces supply chain variability by sharing demand and supply forecast with customers and suppliers across multiple tiers.
Key Features:
· Ability to share forecasts and confirm capacity with suppliers and customers
· Complex, multi-tier
v Free trade zones
Answer : A free trade zone is a designated area that eliminates traditional trade barriers, such as tariffs, and minimizes bureaucratic regulations. The goal of a free trade zone is to enhance global market presence by attracting new
v Shipbuilding
Answer : Shipbuilding is the construction of ships and floating vessels. It normally takes place in a specialized facility known as a shipyard. Shipbuilders, also called shipwrights, follow a specialized occupation that traces its roots to before recorded history.
Shipbuilding and ship repairs, both commercial and military, are referred to as “naval engineering”. The construction of boats is a similar activity called boat building.
The dismantling of ships is called ship breaking.
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