5 Questions
What is logistics?
The process of planning, implementing and controlling procedures for the efficient and effective transportation and storage of goods
What is SCM (Supply Chain Management)?
The management of a network of relationships within a firm and between interdependent organizations and business units
What does SCM facilitate?
The forward and reverse flow of materials, services, finances, and information from the original producer to the final customer
What is Push in the supply chain views?
The supplier pushes the manufacturer to the retailer and eventually to the consumer
What is Pull in the supply chain views?
The demand view related to efficient transportation and storage of goods
Test your knowledge about the definition and principles of logistics, including the key factors involved in getting the right products to the right place at the right time.
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