Question: 3. In chapter 3, table 3.1 provides us a definition of logistics from many perspectives. Identify 3 perspectives and provide examples for each. Table 3.1

3. In chapter 3, table 3.1 provides us a definition of logistics from many perspectives. Identify 3 perspectives and provide examples for each.

3. In chapter 3, table 3.1 provides us a

Table 3.1 Logistics Definitions PERSPECTIVE DEFINITION Inventory Management of materials in motion and at rest Customer Getting the right product, to the right customer, in the right quantity, in the right condition, at the right place, at the right time, and at the right cost (called the "seven Rs of logistics") Dictionary The branch of military science having to do with procuring, maintaining, and transporting material, personnel, and facilities International Society of Logistics The art and science of management, engineering, and technical activities concerned with require- ments, design, and supplying and maintaining resources to support objectives, plans, and operations UtilityValue Council of Supply Chain Management Professionals Providing time and place utility/value of materials and products in support of organization objectives That part of the supply chain process that plans, implements, and controls the efficient, effective flow and storage of goods, services, and related information from point of origin to point of consumption in order to meet customer requirements Component support Supply management for the plant (inbound logistics) and distribution management for the firm's customers (outbound logistics) Source: Adapted from Stephen H. Russell, A General Theory of Logistics Practices," Air Force Journal of Logistics 24, no. 4 (2000): 15. Reproduced by permission

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