A new breed of logistics operator takes advantage
of new technology to create new markets
Logistics is a word most often seen on the side of trucks and is therefore mostly associated with the 1_____ of goods from one place to another. But it has a bigger meaning, the management of the flow of material through an organization from 2_____ materials to finished goods. It might sound a simple enough business moving things around but it is growing more complex as new technology and greater use of the 3_____ open new ways of passing around 4_____ and selling products. This has opened up many new 5_____ for the logistics industry.
E-commerce has encouraged a new generation of logistics 6_____ to set up new companies. When you first 7_____ a new e-business it is cheaper and more efficient to outsource the packing and delivery of products. It also reduces the initial investment and 8_____ factor in setting up a new business.
Good logistics also plays an important role in reducing the costly inventory problems of over 9_____ and guaranteeing that there are no interruptions in the supply 10_____.
1. travel, transport, export; 2. raw, basic, component; 3. email, software, internet; 4. news, stories, information; 5. ways, markets, products; 6. entrepreneurs, engineers, businessmen; 7. begin, launch, commence; 8. inventory, warehouse, materials; 9. filling, stocking, supplying; 10. links, flow, chain.
Exercise 46 Think of the form of transport you would choose for the following consignments and why?
1. A large consignment of cars from Hamburg to Dresden. 2. A small consignment of flour from Wales to London. 3. A consignment of diamonds from Cape Town to Cairo. 4. A large consignment of coal from Sheffield to Leeds (both in the north of England). 5. A cargo of bananas from the Caribbean to Dublin.
Exercise 47 Compare rail and air transport. Use the information given.
Rail transportation
| Advantages: -virtually all types of cargo can be transported -virtually any distance can be covered -large quantities can be transported | Disadvantages: -may be affected by strikes -a relatively high risk of theft |
Air transportation
| Advantages: -fast -a secure form of transport, which means that insurance costs are low -no limitation as to distance | Disadvantages: -relatively expensive -subject to delays and strikes -not practical for short distances -may be necessary to send the goods some distance to reach the cargo terminal of an airport |
WORD BUILDING
Compound words
(Складені слова)
post office, sunrise, headache, face-lift
