Podcast
Questions and Answers
What is the mission of logistics?
What is the mission of logistics?
- To maximize profit through efficient supply chain processes
- To get the right goods or services to the right place, at the right time, in the desired condition, and at an acceptable cost (correct)
- To ensure the availability of goods and services
- To minimize the cost of transportation
What does logistics encompass in the supply chain process?
What does logistics encompass in the supply chain process?
- Only the transportation of goods from the point of origin to the point of consumption
- Only the planning and implementation of the supply chain process
- Efficient, effective forward and reverse flow and storage of goods, services, and related information (correct)
- Quality control of goods and services
What is the primary focus of logistics?
What is the primary focus of logistics?
- Minimizing transportation costs
- Efficient and effective flow and storage of goods, services, and related information (correct)
- Ensuring timely delivery of goods and services
- Maximizing profit through supply chain management
What is the role of logistics in meeting customer requirements?
What is the role of logistics in meeting customer requirements?
According to the source, what does logistics plan, implement, and control?
According to the source, what does logistics plan, implement, and control?