12 Jul EXPLAIN THE SIGNIFICANCE OF THE FACT THAT THE PURPOSE OF LOGISTICS IS TO MEET CUSTOMER REQUIREMENTS.
Please see uploaded file Document Preview: Integrated Logistics management – Questions for discussion and review Chapter 1: Question 3 – How does logistics contribute to time and place utility? Question 5 – Explain the significance of the fact that the purpose of logistics is to meet customer requirements. Question 9 – Explain how big-box retailers are logistical trendsetters. Question 10 – What is the systems approach to problem solving? How is this concept applicable to logistics management? Question 11 – Distinguish between materials management and physical distribution. Question 15 – Discuss the postponement concept as it relates to the production and logistics interface. Question 19 – Discuss five activities that might be part of a company’s logistics department. Chapter 5: Question 1 – Discuss the differences between a supply chain and supply chain management. Question 5 – What is the difference between a lean and an agile supply chain? Under what circumstances is each an appropriate supply chain approach to pursue? Question 8 – Do you agree or disagree that supply chain collaboration can be classified as transactional, tactical information sharing, or strategic in nature? Why? Question 13 – Some companies are hesitant to use frequent shopper cards because the data provided could violate the customer’s privacy. Do you agree or disagree? Why? Question 19 – What is the difference between a 3PL and a 4PL/LLP? Attachments: Integrated-Lo….docx
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