Transport is a Key Element of Logistics while Logistics is the Main Component of Supply Chain Management.
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Question:
Transport is a Key Element of Logistics while Logistics is the Main Component of Supply Chain Management. This set-up presupposes that, transport directly contributes to the success of an institution's business performance, as it provides linkages within the value chains of various players. This scheme of things needs an understanding of how exactly the transport segment contributes to company profitability. Required: Explain by giving practical examples any FIVE (5) Measures of Transport Performance.
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