Rich Graviss Products Senior Executive Logistics Interview Questions and Answers

Shipment cost is the amount of money required to transport goods from one place to another.

• Shipment cost includes transportation charges, insurance, customs fees, and other related expenses.

• It varies depending on the mode of transportation, distance, weight, and size of the shipment.

• For example, shipping a small package domestically by ground may cost $10, while shipping a large container internationally by air may cos...read more

Logistic is derived from the Greek word 'logistikos' meaning skilled in calculating.

• The word logistic originated from the Greek word 'logistikos'

• It means skilled in calculating or accounting

• The term was first used in a military context to describe the organization of troops, supplies, and equipment

• Today, logistics refers to the management of the flow of goods, information, and other resources between the point of origi...read more