Section 7: Global Logistics & Production

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Last updated 12:04 PM on 10/8/26
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10 Terms

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Logistics (Cowen)

The organization and management of how goods move through supply chains and transportation networks.

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Containerization (Cowen)

The use of standardized shipping containers to move goods efficiently across ships, trains, and trucks.

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Just-in-time (Cowen)

A production and delivery system that minimizes inventory by receiving goods close to when they are needed.

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Intermodalism (Cowen)

Moving freight through multiple transportation modes using standardized containers without repacking the goods.

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Flags of convenience (Cowen)

Registering ships under another country's flag, often to benefit from different tax, labor, or regulatory rules.

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Fordism

A system of standardized mass production using assembly lines and relatively stable large-scale employment.

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Scientific management

A system of organizing labor by measuring, standardizing, and optimizing workers' tasks for efficiency.

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Universal Product Code

A standardized barcode system used to identify and track retail products.

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Walmart

A multinational retailer whose large-scale supply chains and purchasing practices illustrate global logistics and retail power.

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Maritime chokepoint (Milne et al.)

A narrow strategic waterway through which large amounts of maritime trade must pass.