Value Added Role of Logistics (definitions and basic understanding)

Key Logistics Activities (what are they)

Example: What is Demand Forecasting: Forecast of what you are going to sell

How does Supply Chain Impact the other Functions in the Corporation

Finance: Costs Inventory, Transportation and Warehousing

Manufacturing: Length of production run impacts efficiency, inventory, raw material availability

Marketing: Ad activity increases volume, new products launches increase costs

Accounting: Supports analysis of opportunities to improve cost

Micro Factors in Supply Chain

7 Factors and Product related impacts to cost, Spatial relationships to cost