Supply chain and logistics management practices

1. If you were given the opportunity to develop one new piece of legislation, with the intent of developing better supply chain and logistics management practices, what would the legislation be? Provide detail in your answer.

2. Given the following two organizations – the World Trade Organization, and the International Monetary Fund – address how these organizations have affected, and will continue to affect, the practice of supply chain and logistics management. Provide examples to help support your answer.

3. Explain how exchange rates are determined. Then explain typical challenges supply chain and logistics managers experience when dealing with exchange rates. Provide examples to help support your answer.

4. Identify three (3) documents that are commonly utilized in the practice of supply chain and logistics management. Explain how these documents are used, and what information each document contains. Provide examples to help support your answer.

5. Identify three (3) types of criminal activity that are commonly experienced in the practice of supply chain and logistics management. Explain how these types of criminal activity are managed and what proactive measures can be utilized to manage the associated risk.