Globalization in trade requires to produce goods and distribute in a very efficient way with the lowest cost and highest quality. The products can be produced anywhere in the World; therefore, companies need to receive _____1______ and semi-raw materials from any where in the world to the production facilities; at the same time, they have to distribute the finished products to the final consumers. ___2_____ companies provide moving, storing, creating value added materials services to take the raw materials from origin (land) to all the way to the final consumers. They are all connected each other in order to use the limited resources efficiently. We call these infrastructure and its management as ____3______. The classical business concept focuses on the lowest cost and maximum profit in micro-level. But, today this business perspective changed to the lowest cost and acceptable profit in the supply chain. Businesses can ask profit from their customers if they perform at least one of the four ways: ___4_____ exists when the business changes the form of the raw material to a different format; _____5____ exists if there is a difference between production time and consumption time; ____6_____ exists if there is difference between the production and consuption facility; and finally, ____7____ occurs if the business is a mediator between buyer and seller. Logistics departments become very crucial position in any organizations because since the industrial revoluton, the businesses have focused on reducing the operations and production cost with many techniques, but, when the year 1990s come, this perspective changed to focus on logistics costs. This requires managing activities before the production facility (____8_____), and after the production facility (___9______). Any particular logistics department interacts the key functions of business: finance, operations/production and marketing. Therefore, most activities in logistics can be considered with these key functions. ____10_____ is the key function of logistics. The products must be moved from the production facility to the final destination all the way through final consumers. There are 5 major transportation modes: trucks, airways, seaway, ___11____, pipelines. The most commonly used mode in global trade is the seaways. In todays seaways, the products are carried by large standardized boxes, called ____12____. Their size are 20-feet and 40-Feet, and rarely 45-feet long. That is why the total size of a ship is calculate as 1 TEU (____13_____) = 20 feet. ______14_____which is the second highest cost in logistics deals with the storing, ____15____, and discharging the products with efficient way within the facility. ME.E.FR-212/01 Sayfa 2/2 Yayn Tarihi : 08.04.2011 ____16_____ is the type of decision where, how many, in what capacity can a facility be located. ______17____ focuses on how many units a business should order to the suppliers in order to make the total stocking cost minimum. ____18_____ activity focuses on how to provide the materials from the suppliers. This system makes the connection between the customer and business functions. It manages the transactions to receive raw and semi-raw materials from the suppliers as well as the company and its customers. How many units to order is one of the key issues in supply chain management. Depending on the customers order, the company gives orders to the suppliers, and then the suppliers orders to the suppliers suppliers. The _____19____ is a distribution channel concept which is created by misleaded forecasts by analyzing the customer demand wrongly. It creates an extreme inventory level for every level in supply chain, but mostly the major problem occurs in the last tier of the supply chain. Good communication is the crtical part in order to stop this ineffieiciency. The other business concepts in logistics and supply chain management are ____20_____ related with marketing , informations management, related with the information technologies;therefore, most of the logistics and SCM department managers are eligible to be a CEO. Supply Chan And Logstcs Management