What is supply chain management? How does it differ from logistics?
Q: The cost of logistics varies widely from organization to organization. What factors affect these…
A: Logistics costs involve all the costs and the expenditures which undergo while a product, good or…
Q: The concepts of Supply chain management and Network Logistics used by DELL?
A: As of late coordination and gracefully chain the executives have become the most fundamental issue…
Q: What are some of the logistics problems that might arise when supply and demand for a product are…
A: Below are the numerous logistics issues that may occur in the event of a conflict between demand and…
Q: Provide a deànition of logistics and a rationale for why is it important in private companies and…
A: Logistics:Logistics deals with management of raw material, semi-finished and finished goods that…
Q: Why Logistics is Fundamental to Supply Chain Success?
A: Logistics management: Logistics management is that part of supply chain management that plans,…
Q: impact of covid-19 on logistics write a body paragraph about how did the logistics management and…
A: While most consumers likely don't see a lot of difference in their ability to purchase products and…
Q: Explain the significance of the fact that the purpose of logistics is to meet customer requirements.
A: Logistics:Logistics is the management of the flow of materials from the point of origin and to the…
Q: What is the difference between supply chain management, logistics management, and operations…
A: Note: - Since the exact question that has to be answered is not specified, we will answer the first…
Q: What is Logistics Management and how is it related to Supply chain management?
A: Supply chain management is described as the flow of the services and goods and the various processes…
Q: Describe the three major orientations in formulating a logistics strategy.
A: Before getting into the question let’s first understand the meaning of logistics strategy. Logistics…
Q: Exactly what do you hope to achieve by using logistics management?
A: Inventory control is a component of supply chain management that satisfies the customer by planning,…
Q: One of the advantages that third-party logistics providers often tout is their ability to provide…
A: Third-party logistics, or 3PL, is a service provided by specialised logistics suppliers that conduct…
Q: What type of logistics model company should follow for proper operations
A: Third-party logistics providers, or 3PLs, are experts in lowering transportation costs, increasing…
Q: What is Logistics Management and how is it related to Supp,y chain management?
A: Supply chain management is the management of the flow of goods and services and includes all the…
Q: Describe what is meant by the concept of integrated logistics management ?
A: Integrated logistics seems to be the sole option for the company's logistics and transportation…
Q: Justify and describe why are logistics information systems geared towards government?
A: Governments increasingly view it as a means of encouraging domestic service providers to improve…
Q: What is the relationship between supply chain and logistics management?
A: Definitions: Supply chain management: - The process from sourcing raw materials to producing the…
Q: One of the advantages that third-party logistics providers often tout is their ability to provide…
A: 3PL stands for third-party logistics, and it is a service that is offered for specialised logistics…
Q: what are the steps for purchasing an item according to the correct logistics system
A: Purchasing an item by a consumer is a process through which a consumer decides the amount of a…
Q: How does the E-commerce business influences/be influenced on logistics/supply chain? (give 3 points)
A: E-commerce has made the logistics and supply chain one of the most demanding industry in current…
Q: Why will logistics and supply chain management play an important role in the future success of…
A: In simple term logistic is a process of moving and coordinating product from one location to another…
Q: What is Logistics Management? how Logistic Management related to Supply chain management?
A: Logistics: Logistics is the management of the movement of goods between the place of creation and…
Q: "Organizations must continually improve its logistics in order to remain competitive.’’ Critically…
A: Logistics form an essential and integral component of the sales and distribution function of any…
Q: Explain just-in-time logistics systems?
A: A logistic system is a component of supply chain management, It deals with the planning as well as…
Q: In the reverse logistics system, only flexibility, collaboration between team, supplier and customer…
A: Yes, in the reserve logistics system flexibility, collaboration between team, supplier and customer…
Q: What are the five essential decisions that decide logistics processe
A: Logistics is the way toward planning and executing the effective transportation and capacity of…
Q: Explain what is outstanding logistics to third party logistics providers in supply chain management
A: The conveyance of all or part of a company's outbound logistics to transporters or logistics…
Q: Why is transportation important to a firm's supply chain operations?
A: Transportation forms the core element in the supply chain operations of the business. Without a…
Q: What term is used to describe the outsourcing of logistics? O sub-logistics third-party logistics…
A: Logistics is the most important part in the business where business implements all the necessary…
Q: Select two examples for third-party logistics and fourth-party logistics, explain your examples of…
A: Third-party logistics – In third party logistic, a company used to maintain the management…
Q: Explain what are the major causes of complexities in a logistics system
A: Logistics corresponds to the total process of storing, acquiring, and moving the assets of the…
Q: The basic purpose of the supply chain is to fulfill demand, drive customer value, improve…
A: The following are focused areas that should be considered in logistics management: 3. Warehousing:…
Q: Discuss reverse logistics and where it makes sense for a business to use them or when it could be…
A: Reverse logistics is a networked system that operates within a business's supply chain.
Q: Should all or part of logistics be outsourced to a third-party logistics provider?
A: Outsourcing is a tactic or practise in which an organisation hires another company to work with them…
Q: Critically discuss the nature and importance of marketing logistics as well as the goals of the…
A: Nature and Importance of Marketing Logistics: The four function of Marketing…
Q: What is the relationship and importance of inventory to logistics?
A: Logistics management is nothing but an important component of the supply chain management process…
Q: istics be outso
A: Talking about the logistics then, a portion of logistics should be outsourced. The reason is company…
Q: How can logistics managers attempt to control pilferage?
A: An individual who supervises the movement, storing, and distributing the supply of material is known…
Q: What are 3rd- party logistics providers and why do companies use them?
A: Logistics is a term that is mainly used with other related activities such as warehousing,…
Q: Explain what is outstanding logistics to third party logistics providers?
A: The supply chain is the system that connects the company and its suppliers with each other and…
Q: how Supply Chain Management inpact the logistics?
A: Supply chain management refers to the proper planning and staffing the process of supply chain in…
Q: What is the most important role of the logistics/distribution manager? Explain your answer.
A: MEANING OF DISTRIBUTION MANAGER Distribution managers oversee the delivery of a company's goods to…
Q: What Is Performance-Based Logistics?
A: Performance-Based Logistics or PBL measures for product backing have frequently verified to advance…
Q: A 3PL (third-party logistics) provider is regarded as an integrated logistics service provider.…
A: Organizations are aimed at timely delivery of the goods to the consumers and the customers to their…
Q: How do you view the statement “logistics is not equivalentto supply chain management”?
A: Logistics is an important element of supply chain management involving planning, carrying out and…
- 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?
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- According to Pienaar & Vogt, (2016:1) logistics function was therefore essential for a well-coordinated supply chain from the point of origin to the point of consumption.You have been newly appointed as a logistics manager at Hokela Food (SA), One of your major roles would be facilitating the movement of products coming from farmers in the Limpopo province to supermarkets around Gauteng.Explain how you will perform your role as a logistics manager and co-ordinate supply chain activities from the point of origin to the point of consumption.According to Pienaar & Vogt, (2016:1) logistics function was therefore essential for a well-coordinated supply chain fromthe point of origin to the point of consumption. You have been newly appointed as a logistics manager at Hokela Food (SA), One of your major roles would be facilitatingthe movement of products coming from farmers in the Limpopo province to supermarkets around Gauteng. Explain how you will perform your role as a logistics manager and co-ordinate supply chain activities from the point of origin to the point of consumption.What is the relationship and importance of inventory to logistics?
- What type of logistics model company should follow for proper operations?Discuss reverse logistics and where it makes sense for a business to use them or when it could be more costeffective to merely replace the commodity.What logistics procedures and decisions you take from the supplier to the consumer to achieve a seamless flow of their materials and goods, taking into account the incertitude
- 4.3. which term best describes Logistics management: a. Looks at the material flow process as a complete system, from initial need for materials to delivery of a finished product or service to the customerb.Focuses on minimizing costs and lead times across tiers in the supply chain to the benefit of the final customerc.Focuses on long-term supplier relationships and commodity plans with the objectives of identifying opportunities in areas such as cost reductions, new technology advancements, and supply market trendsd.Ensures that every step in the supply process adds value, that inventories are kept at a minimum level, and that distances and delays between process steps are kept as short as possiblee.Refers to the integration of supply-related functions to provide effective and efficient materials and services to the organizationDiscuss reverse logistics and where it makes sense for a business to use them or when it could be more cost effective to merely replace the commodity.You are selected to be part of the team in the Raju’s Hill Strawberry Farm located in Cameron Highlands. (a) Examine the logistics activities throughout the supply chain from raw materials to end user. please provide detailed answer.minimum words counts 500
- 1. Supply chain management is the process of transforming raw materials into finished products and delivering these to the customers. Elaborate on this statement with appropriate examples. answer guidelines - Need to explain the supply chain flow of goods and information - To focus on- upstream, downstream, reverse logistics, information, cashflow minimum word count 700Large 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…Which is not a sub-process of the logistics process? Select one: A. inventory control B. product assembly C. warehousing D. transportation E. All are subprocesses