Podcast
Questions and Answers
Which of the following best defines logistics?
Which of the following best defines logistics?
- Organizing the flow of material, information, people, and finances
- Managing the flow of materials from supplier to consumer
- Achieving an effective materials management system
- Controlling the movement of goods and services (correct)
What is the main area that logistics controls?
What is the main area that logistics controls?
- Material flow (correct)
- Operations and processes
- Customer satisfaction
- Financial management
What is supply chain management?
What is supply chain management?
- Arranging and controlling orders and demand
- Ensuring service level targets are met
- Managing the movement of goods and services
- Controlling the flow of material, information, people, and finances (correct)
What is the purpose of service level management in the supply chain?
What is the purpose of service level management in the supply chain?
What does order and demand management involve?
What does order and demand management involve?