Task 1: Logistics Analysis (15 points) Conduct an analysis of LogiSmart's current logistics operations: 1. Inventory Management: How does LogiSmart manage its inventory levels to balance stock availability and minimize holding costs? 2. Order Fulfillment: Describe the steps involved in processing, picking, packing, and shipping customer orders. 3. Distribution Network: Explain how LogiSmart's distribution network is structured and how products are delivered to retailers. Task 2: Applying Logistics Principles (20 points) Apply principles of logistics management to address the challenges identified in Task 1: 1. Demand Forecasting: Suggest methods for accurate demand forecasting to optimize inventory levels. 2. Order Processing: Recommend strategies to streamline order processing and reduce lead times. 3. Warehouse Efficiency: Propose ways to improve warehouse layout, storage, and picking processes. 4. Transportation Optimization: Explore strategies to optimize transportation routes and modes for cost-effective delivery. Task 3: Implementation Plan (15 points) Develop an implementation plan for LogiSmart to adopt the recommendations from Task 2: 1. Short-Term Actions: Outline immediate steps LogiSmart can take to implement changes. 2. Long-Term Strategies: Describe more comprehensive strategies for sustained logistics improvement