Logistics

??True/False Questions 1?Logistics clearly contributes to time and embodiment utility. 2?The purpose of logistics is to maximize customer service. 3? cardinal of the five primary activities in the value chain atomic number 18 inbound logistics and outbound logistics. 4?The mesh has done teeny-weeny to improve logistical effectiveness and efficiency. 5?Logistics offers many companies an most-valuable route for creating marketing superiority. 6?It is better for a logistics coach-and-four to be a generalist rather than a specialist. 7?The logistics channel is the most important of the marketing channels. 8?Stockouts worry to a situation where a company is out of an position at the same time that there is demand for that item. 9?The submit-chain concept originated in the logistics literature. 10?JIT II is a provider integration program that allows different suppliers to interact with each opposite on a regular basis. 11?Because customer require and wants change relatively quickly, supply chains should be immediate and lean. 12?Formal partnerships are more likely than unaffixed ones to result in improved long-term supply-chain performance. 13?The Internet has been referred to as the greatest force of commodization known to man, for both goods and services.

14?Co-opetition is a concept that suggests that companies can be competitors in nearly situations while working together in other situations. 15?Most ERP systems tend to be relatively weak when it comes to logistics and supply chain requirements. 16?Contemporary third-party logistics has existed since about 1975. 17?In general terms, enact management refers to how a firm handles entry orders. 18?The shorter and more consistent the order cycle, the less parentage that is needed by ones customers. 19?The order cycle refers to the series of events that occur between the time a customer places or sends an order and the time the seller receives the order. 20?An order is entered into the system so that it may be fill up in the order transmittal component... If you want to get a full essay, order it on our website: Orderessay

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