if a company wants to keep the holding of stocks as close to the start of the logistics chain , what are the benefits and where does the logistics chain start ?
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if a company wants to keep the holding of stocks as close to the start of the logistics chain , what are the benefits and where does the logistics chain start ?
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- 1) what is the beggist risk for Keeping Levels as low as possible ? 2) why it is not advantgeous to hold a large stocks ? 3) if a company wants to keep the holding of stocks as close to the start of the logistics chain , what are the benefits and where does the logistics chain start ?What are third-party logistics suppliers and why are they used by businesses?Should all or part of logistics be outsourced to a third-party logistics provider?
- What is supply chain management? How does it differ from logistics? Define and explain the different types of inventory costs that managers must consider in making replenishment decisions. How can these costs be determined in practice?The role of logistics in the context of successful supply chain Discuss time utility and place utility in the context of above scenario Evaluate drivers of logistics for the same Discuss the mode/modes of transportation you find in the given scenario. A Rose Is a Rose, but Only If It Is Fresh Supply chains for food and flowers must be fast, and they must be good. When the food supply chain has a problem, the best that can happen is the customer does not get fed on time; the worst that happens is the customer gets food poisoning and dies. In the floral industry, the timing and temperature are also critical. Indeed, flowers are the most perishable agricultural item—even more so than fish. Flowers not only need to move fast, but they must also be kept cool, at a constant temperature of 33 to 37 degrees. And they must be provided preservative-treated water while in transit. Roses are especially delicate, fragile, and perishable. Eighty percent of the roses sold in the U.S. market arrive…Why Logistics is Fundamental to Supply Chain Success?
- a. Third party logistics provider is a popular supply chain strategy. Elaborate in detail on the reasons for and against corporations that rely on the services of third party logistics providers for their operations.Large trucks are an important piece of the logistics chain. However, there were 333,000 large truck crashes in 2012, resulting in almost 3,800 fatalities, the majority being drivers or passengers of other vehicles, not the truck driver. One accident in 2014 caused a public uproar when a Walmart truck driver fell asleep at the wheel after being awake for 24 hours and crashed into another car, killing one person and critically injuring others, one being a well-known comedian. The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration enacted tougher hours-of-service rules that went into effect in July 2013. One report claimed that the industry would lose $1 billion in lost productivity as a result of these rules, while another concluded the industry would realize almost $500 million in benefit from reduced driver mortality. The new rules have caused considerable controversy and have caused hardships for drivers. As one driver put it, “If the wheels aren’t…The basic purpose of the supply chain is to fulfill demand, drive customer value, improveresponsiveness, facilitate financial success and build a good network what focused areas shouldbe considered in logistics management?