Logistics Definition and Principles
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Questions and Answers

What is logistics?

  • The process of conforming to customer requirements through efficient transportation and storage of goods
  • The process of planning, implementing and controlling procedures for the efficient and effective transportation and storage of goods (correct)
  • The management of a network of relationships within a firm and between interdependent organizations and business units
  • The forward and reverse flow of materials, services, finances, and information from the original producer to the final customer
  • What is SCM (Supply Chain Management)?

  • The process of planning, implementing, and controlling procedures for the efficient and effective transportation and storage of goods
  • The process of conforming to customer requirements through efficient transportation and storage of goods
  • The forward and reverse flow of materials, services, finances, and information from the original producer to the final customer
  • The management of a network of relationships within a firm and between interdependent organizations and business units (correct)
  • What does SCM facilitate?

  • The management of a network of relationships within a firm and between interdependent organizations and business units
  • The process of conforming to customer requirements through efficient transportation and storage of goods
  • The process of planning, implementing, and controlling procedures for the efficient and effective transportation and storage of goods
  • The forward and reverse flow of materials, services, finances, and information from the original producer to the final customer (correct)
  • What is Push in the supply chain views?

    <p>The supplier pushes the manufacturer to the retailer and eventually to the consumer</p> Signup and view all the answers

    What is Pull in the supply chain views?

    <p>The demand view related to efficient transportation and storage of goods</p> Signup and view all the answers

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