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(a) (b) Illustrate the transport processes of a product of your preference to move global freight effectively. The product could be any final product

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(a) (b) Illustrate the transport processes of a product of your preference to move global freight effectively. The product could be any final product that should be imported from overseas to be sold or consumed in Singapore. Assume you are entering into a new partnership with the overseas provider of the product and you have a demand of 25,000 units of the product per month. Do not give generic answers and provide rationale, references and/or examples to justify your suggestions. You should consider and present the following: Product and packing characteristics and shipment frequency Most suitable mode(s) of transport from origin to destination Most suitable terms of trade (Incoterm) for the shipment Most suitable option to manage risk during the shipment Two freight documents needed for the communication process (25 marks) Review how the development of any two (2) of the following innovations may affect the transport process of the product in your answer to Q2a in the long and short term. References and examples should be provided to support your answer. Transport information Transport equipment Autonomous transport Blockchain (in transport) e-Logistics Collaboration/digital platforms (15 marks)

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