I need help with a Management question. All explanations and answers will be used to help me learn.
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Week Four Discussion #1
Please review the article from 2014 on transportation cost: http://www.supplychainquarterly.com/topics/Logistics/20140311-the-real-impact-of-high-transportation-costs/
- The article lists 3 major supply chain shifts to offset increasing transportation cost. One of the key cost drivers is oil, which is now at less than 50% of pre-2014 levels.
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- Which 2 key cost drivers (other than oil) to transportation do you think are most important?
- How have the value of these key cost drivers changed between 2014 and now?
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Week Four Discussion #2 If you would be asked today by your manager to reduce transportation cost, what recommendations would you make? Why?
