1. Underline the correct answer. The first sentence has been done for you.

1. I want to introduce you to Sam. He is a colleague of my brother’s/my brother’s colleague.

2. White Square is one of the most well-known business centers in Moscow/one of Moscow’s well-known business centers.

3. Would you like a glass of wine/a wine glass?

4. These are documents of Jack/Jack’s documents.

5. Didn’t we meet you at Chris’s/at Chris’s office last month?

6. At the end of the meeting/at the meeting’s end they agreed to freeze Mr. Dexter’s salary/ the salary of Mr. Dexter/Mr.’s Dexter salary on the installation of monitoring systems.

7. The decision of the government/the government’s decision to ban the import of some products from the USA and Europe was met with some criticism by citizens.

8. What is the name of the street/ the street’s name where there office is situated?

9. The results of yesterday voting/yesterday’s voting were nullified after a close examination.

10. The cost of a new computer/a new computer’s cost was added into the accounting system.

2. Paraphrase the following phrases using the apostrophe s. The first sentence has been done for you.

1. The office of the CEO. The CEO’s office.

2. The investigations of the auditors

3. The meeting of the employees

4. The policy of the company

5. The speech of the Minister of Finance

6. The business of my father-in-law

7. The meeting that lasted two hours

8. The newspaper that is published today

9. The conference that lasted four days

10. The area of work of Mike and Janette

11. The email addresses of these men

3. Make compound nouns from the nouns given in each group, use of where necessary. The first sentence has been done for you.

1. Meeting, sales, staff, forecast. Sales forecast, staff meeting.

2. Survey, liability, market, admission

3. Access, release, press, Internet

4. Company, loss, confidence, profits

5. Plan, expenditure, contingency, capital

6. Stock, response, option, speed

7. Contract, loan, bank, insurance

8. Invoice, expertise, discounting, lack

9. Offer, bank, overdraft, job

10. Capital, cost, venture, progress

4. Put the verb to be into the correct form in Present Tense and fill in the gaps with the correct pronoun. The first sentence has been done for you.

1. Her advice sounds (to sound) reasonable, in my view, we should follow it.

2. The information provided by their department __ (to be) convincing, you don’t need to check it. In this position, experience __ (to be) more important than qualifications, believe me.

3. The contents of the financial report __ (to be) made public recently so general public __ discussing __ now.

4. This _____ the most effective means of production and five thousand dollars __ (not to be) a large sum to pay for __.

5. Here __ the money I can lend you, take __ and pay your debts.

6. The proceeds of the sales __ (to be) quite high, we can spend __ on a marketing campaign.

7. There __ (to be) enough reliable evidence to suggest that data __ (to be) incorrect.

8. Latest news from the Middle East __ shocking, I’ve listen to __ on live broadcast.

9. Their premises __ (to be) big enough, moreover there __ (to be) a lot of machinery in their factory and skilled staff who can operate __ .

10. Their criteria __ (to be) too vague, we can’t make our choice relying only on __ .

Speaking

Answer the following questions with a partner.⁵⁰ Discuss your answers.

6. __is the time that elapses between issuing replenishment order and receiving the material in stores.

1. Replenishment time

2. Lead time

3. Idle time

2. __is the task of buying goods of right quality, in the right quantities, at the right time and at the right price.

1. Supplying 

2. Purchasing

3. Scrutinizing

3. Which is not a part of 5R’s of buying?

1. Right Quality

2. Right Quantity

3. Right Source

4. Right Price

5. None of the above

4. Purchasing responsibilities can be divided into Buying, Clerical and __division.

1. Packing

2. Traffic

3. Record

4. Follow up

5. The first activity of Purchasing cycle is

1. Communicating requirement to the purchase

2. Source Selection and development

3. Recognizing the need for procurement

4. Inspection of goods

6. Buying according to the requirements is called __.

1. Seasonal Buying

2. Hand to mouth buying

3. Scheduled Buying

4. Tender Buying

5. Speculative Buying

7. Procuring an item in staggering deliveries according to the delivery schedule finished to the supplier by the buyer.

1. Seasonal Buying

2. Hand to mouth buying

3. Scheduled Buying

4. Tender Buying

5. Speculative Buying

8. Buying of the annual requirements of an item during its season.

1. Seasonal Buying

2. Hand to mouth buying

3. Scheduled Buying

4. Tender Buying

5. Speculative Buying

9. Raw Materials and WIP can be classified under-

1. Indirect Material

2. Direct Material

3. Finished Material

4. Standard Parts

10. __are the basic materials which have not undergone any conversion since their receipt from suppliers.

1. WIP

2. Raw Material

3. Finished Parts

4. Work Made Parts

Reading 2

1. Read the text bellow focusing on the following questions:

1. What is warehouse management? Why is it necessary?

2. What is the aim of warehousing management?

3. What technologies does it use?

4. Summarize the text.

Warehouse Management System⁵¹

A warehouse management system, or WMS, is a key part of the supply chain and primarily aims to control the movement and storage of materials within a warehouse and process the associated transactions, including shipping, receiving, putaway and picking. The systems also direct and optimize stock putaway based on real-time information about the status of bin utilization.

Warehouse management systems often utilize Auto ID Data Capture (AIDC) technology, such as barcode scanners, mobile computers, wireless LANs and potentially Radio-frequency identification (RFID) to efficiently monitor the flow of products. Once data has been collected, there is either batch synchronization with, or real-time wireless transmission to a central database. The database can then provide useful reports about the status of goods in the warehouse.

The objective of a warehouse management system is to provide a set of computerized procedures to handle the receipt of stock and returns into a warehouse facility, model and manage the logical representation of the physical storage facilities (e.g. racking etc), manage the stock within the facility and enable a seamless link to order processing and logistics management in order to pick, pack and ship product out of the facility.

Warehouse management systems can be stand-alone systems or modules of an ERP system or supply chain execution suite. The primary purpose of a WMS is to control the movement and storage of materials within a warehouse – you might even describe it as the legs at the end-of-the line which automates the store, traffic and shipping management.

In its simplest form, the WMS can data track products during the production process and act as an interpreter and message buffer between existing ERP and WMS systems. Today warehouse management is not just managing within the boundaries of a warehouse; it is much wider and goes beyond the physical boundaries. Inventory management, inventory planning, cost management, IT applications & communication technology to be used are all related to warehouse management. The container storage, loading and unloading are also covered by warehouse management today. Warehouse management today is part of SCM and demand management. Even production management is to a great extent dependent on warehouse management. Efficient warehouse management gives a cutting edge to a retail chain distribution company. Warehouse management does not just start with receipt of material but it actually starts with actual initial planning when container design is made for a product. Warehouse design and process design within the warehouse (e.g. Wave Picking) is also part of warehouse management. Warehouse management is part of Logistics and SCM.

Warehouse management monitors the progress of products through the warehouse. It involves the physical warehouse infrastructure, tracking systems, and communication between product stations.

Warehouse management deals with receipt, storage and movement of goods, normally finished goods, to intermediate storage locations or to final customer. In the multi-echelon model for distribution, there are levels of warehouses, starting with the Central Warehouse(s), regional warehouses services by the central warehouses and retail warehouses at the third level services by the regional warehouses and so on. The objective of warehousing management is to help in optimal cost of timely order fulfillment by managing the resources economically. Warehouse management is "Management of storage of products and services rendered on the products within the four wall of a warehouse".

b. Explain the following concepts in English:

transaction	putaway
utilization	management
inventory management	inventory planning
IT	infrastructure

c. Match words to make collocations consulting the text:

barcode	goods
mobile	customer
wireless	storage
container	order
finished	cost
final	computer
optimal	scanner
timely	LAN

d. Find words in the text that are synonyms to the following words:

central part	information
essentially	aim
early	to control
nowadays	to utilize

e. Fill in the table with word forms:

Verb	Noun	Adjective
computerize
		dependent
		economical

f. Fill in the gaps with prepositions consulting the text and make your own sentences with the phrases.

1. to control the storage __ a warehouse

2. to be based __ real-time information

3. to utilize programs such __ barcode scanners

4. to provides a set of computerized procedures to handle returns __ a warehouse facility.

5. to enable a seamless link to logistics management __ order to pick, pack and ship product

6. to go __ the physical boundaries

7. to be __ a great extent dependent __ warehouse management

8. to deal __ receipt and storage of goods

g. Paraphrase word combinations with synonymous constructions:

Real-time information	Flow of products
Batch synchronization	To handle the receipt of stock
Stand-alone systems	To give a cutting edge

Translation

Translate the sentences, focusing on the underlined terms:

Handling

1. Inward handling is performed on incoming goods, both clerical and physical, up till the moment the goods are placed in the planned location (i.e. in the receiving/shipping area or in stock-location).

2. Material handling is physical functions of logistics in handling the goods flow from the receipt of material to the delivery of the finished product such as receipt, storage, internal transport, packing.

3. Air intermodal container is an article of transport equipment having an internal volume of 1 m3 (35,3 ft3) or more, fitted with top and bottom corner fittings, with restraint provisions compatible with an aircraft restraint system, and an entirely flush base bottom to allow handling on rollerized cargo handling systems.

4. Freight container is an element of transport equipment fitted with devices permitting its ready handling, particularly its transfer from one means of transport to another.

5. Heavy lift is a single commodity exceeding the capacity of normal loading equipment and requiring special equipment and rigging methods for handling.

Haul

1. Back haul is the return movement of a means of transport which has provided a transport service in one direction.

2. European zone charge is allocated inland haulage transport in case of carrier haulage in Europe.

3. Roll trailer is used for terminal haulage and stowage on board of roll-on roll-off vessels.

Writing