1.How would you define Logistics Management and Supply Chain management? Why is it important to have an effective and agile Supply Chain in our current business climate? 

 

2. Consider the purchase of toilet paper at a big box retailer such as Target. Describe the various stages in the supply chain and the different flows involved. What is the typical supply and demand behavior of toilet paper and how has that changed? Discuss the implications regarding supply chain responsiveness.

 

3. What are some strategic, planning, and operational decisions that must be made by an essential business such as Costco during the pandemic? Compare and contrast to decisions made before the crisis. 

 

4. Describe how a company achieves strategic fit between its supply chain strategy and its competitive strategy. Discuss the challenges that must be overcome to manage a supply chain successfully. What will the impact of the current situation have on future supply chain strategies? 

 

5. Describe the term Quick Response and explain its correlation to the nature of fashion retailing and its supply chains? 

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1 Logistics Management Logistics management involves the planning implementation and control of the efficient and effective flow and storage of goods services and related information from the point of ... View the full answer