Flex Technologies Logistics Executive Interview Questions and Answers

Line haul refers to the transportation of goods over long distances between cities or regions.

• It involves moving cargo from one terminal to another terminal

• It is usually done by trucks, trains, or ships

• It is a crucial part of the supply chain process

• Examples include transporting goods from a warehouse to a distribution center or from a port to a warehouse

Shorting is the act of selling a security that the seller does not own, with the hope of buying it back at a lower price.

• Shorting is a way to profit from a declining market.

• Shorting involves borrowing shares from a broker and selling them on the market.

• If the price of the shares drops, the short seller can buy them back at a lower price and return them to the broker, making a profit.

• Shorting can be risky, as there is n...read more

Logistics is the process of planning, implementing, and controlling the movement of goods from point A to point B.

• Involves transportation, warehousing, and inventory management

• Ensures timely delivery of goods to customers

• Optimizes supply chain efficiency and reduces costs

• Examples include Amazon's delivery network and UPS's logistics operations

A warehouse is a large storage facility used to store goods and products for distribution.

• Warehouses are used by businesses to store inventory and raw materials.

• They can be owned by the business or leased from a third-party provider.

• Warehouses are typically organized with shelving, pallets, and other storage systems.

• They may also have loading docks for trucks to pick up and deliver goods.

• Warehouse management systems ar...read more