ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Logistics is the part of a supply chain involved with the forward and reverse flow of
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goods
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cash
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all of the above
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services
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Explanation:
Detailed explanation-1: -Answer: Logistics is the part of a supply chain involved with the forward and reverse flow of goods, services and cash.
Detailed explanation-2: -The main role of logistics in supply chain management is primarily to increase the overall value of each delivery, which is identified by customer satisfaction. This means that the reduction and optimization of labor resources must be tied in with keeping up a certain level of quality customer service.
Detailed explanation-3: -Reverse logistics is a type of supply chain management that moves goods from customers back to the sellers or manufacturers. Once a customer receives a product, processes such as returns or recycling require reverse logistics.
There is 1 question to complete.