Why are most location decisions analyzed by a team of managers instead of a single person? What types of teams are suggested as being helpful to the task of logistics network redesign?
Answer to relevant QuestionsDiscuss the role of logistics variables in the decision as to where to locate a plant or distribution center. Describe and discuss the differences and relationships between purchasing, procurement, and strategic sourcing. How have these concepts evolved? What is meant by supplier “certifications and registrations”? Of what relevance are these to the supplier selection process? Describe the characteristics of good production metrics and the types of KPIs that companies should monitor. Create a value stream, not a waste stream. What is your evaluation of this statement? How can companies achieve this outcome?
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