Define logistics and explain why logistics management is important.

• How does logistics management apply to your organization?
 
• Logistics incorporates a wide range of business activities: Name four of those activities and explain how your organization manages logistics.
 
• What could happen if a firm did not logically link its logistics decisions to the needs of its customers?
 
• Can logistics be a core competency for a company? Can you think of an example of logistics being used as a core competency?

Answer rating: 100% (QA)

1 Definition and Importance of Logistics Logistics refers to the process of planning implementing and controlling the efficient flow and storage of goods services and related information from the poin... View the full answer