What is the relationship and importance of inventory to logistics?
Q: xplain in detail with examples the strategic value-adding role logistics plays in the company’s…
A: Company considered- ALDO The fundamental job of logistics in supply chain management is essential to…
Q: What are the challenges with inventory management in reverse logistics?
A: Reverse logistics is the network of activities performed after the selling process of regain the…
Q: Discuss how transportation becomes a waste in the production process.
A: Transport is one of the seven waste of lean assembling, it is the development of items starting with…
Q: How the Walmart company use FiFo and Lifo in warehouse management?When they use this 2 method ?…
A: The Company esteems inventories at the lower of cost or not really set in stone essentially by the…
Q: Explain essential elements of core logistics and supplychain management principles?
A: The logistics functions of a company help to facilitate the function of making the product available…
Q: Discuss logistics and inventory strategies at StarTech.com on the basis of (i) product lifecycle and…
A: Star tech company works upon providing different types of video adaptors for the customers. The…
Q: How has technology aided inventory management? How have technological improvements is products such…
A: Technology has aided inventory management in following ways: 1. The concept of JIT has a good impact…
Q: As more distribution centers are added to a system, what happens to the cost of truckload, lessthan…
A: The supply chain is a big process that works on a large scale or covers a larger territory.…
Q: Choose any company from Oman and write about their inventory management system and how they handle…
A: Inventory management is a systematic approach to sourcing, storing, and selling inventory- both raw…
Q: Are physical distribution and materials management being replaced by logistics management thus…
A: As the name implies, logistics management is a subset of supply chain management that focuses on…
Q: Why most of the warehouses are located on the outskirts of cities?
A: Retailers are people who purchase goods in small quantities from the wholesalers and sell them to…
Q: Describe that out of three types of warehouses, what type of warehouse you Will prefer to manage and…
A: The warehouse is a storage facility that is equipped with requirements deemed fit to the products…
Q: if a company wants to keep the holding of stocks as close to the start of the logistics chain , what…
A: The holding of stock can be defined as a term that means neither buying the stock nor using the…
Q: Explain what is the relationship and importance of inventory to logistics
A: Using information, commodities, and services first with a source to place to meet customers' needs…
Q: Assume a type of industry of your choice which involves the activities of supply chain. Detail the…
A: Management of the movement of products and services through a business's supply chain is called…
Q: One of the advantages that third-party logistics providers often tout is their ability to provide…
A: 3PL stands for third-party logistics, and it is a service that is offered for specialised logistics…
Q: Explain as more distribution centers are added to a system, what happens to the cost of truckload,…
A: A distribution system is a complex device that operates over a larger area. To avoid losses, the…
Q: Explain how does inventory carrying cost for inventory in transit differ from the cost of inventory…
A: Inventory costing refers to the procedures used by corporations to cost their inventories.
Q: How does inventory carrying cost for inventory in transit differ from the cost of inventory at rest?
A: The following describes the disparity in inventory holding costs for inventory-in-transit and…
Q: What are third-party logistics vendors, and why are they used for businesses?
A: Companies that support firms outsource portions of their warehousing, transportation, and fulfilment…
Q: he Objectives of Supply Chain Management is to be cost effective In Inbound Transportation Cost In…
A: Option C ( Across the entire supply chain )
Q: How does the E-commerce business influences/be influenced on logistics/supply chain? (give 3 points)
A: E-commerce has made the logistics and supply chain one of the most demanding industry in current…
Q: What are third-party logistics suppliers and why are they used by businesses?
A: Companies that support businesses outsource parts of their warehousing, storage, and fulfilment…
Q: Have you ever noticed Budweiser and Coca-Cola trucks in the parking lots of grocery stores? Their…
A: When a company manufactures the product, it has to reach to the end consumer. Suppose manufacturing…
Q: How has technology aided inventory management? How have technological improvements inproducts such…
A: Technology aids inventory management in the following ways: Tracking the inventory through using…
Q: What are the differences and similarities between outbound and inbound logistics systems? Which…
A: Inbound logistics includes importing goods through a commercial enterprise, storing and distributing…
Q: 2 Discuss inventory management policies for supply chain and logistics.
A: It is difficult to track the inventory in current fast-growing technology and trend. Especially if…
Q: In the reverse logistics system, only flexibility, collaboration between team, supplier and customer…
A: Yes, in the reserve logistics system flexibility, collaboration between team, supplier and customer…
Q: Why have just-in-time inventory systems become sopopular?
A: A just-in-time inventory system is an another system to traditional supply chains that helps to…
Q: What were the very first logistics informations recorded in history and what are the recent ones?…
A: History of Supply Chain Management:- In the course of the last 100 or more long stretches of the…
Q: Describe what it is a shorts sea shipping in supply logistics
A: In contrast to transcontinental cross-ocean deep-sea shipping, short sea shipping (abbreviated as…
Q: What term is used to describe the outsourcing of logistics? O sub-logistics third-party logistics…
A: Logistics is the most important part in the business where business implements all the necessary…
Q: Which type of value-added services a warehouse can provide to Logistics services
A: Warehouse is a space used by exporter, importer, manufacturer, carry and forwarding agents, etc. for…
Q: Why is logistics so important to a high street retailer?
A: A logistics information system (LIS) can be referred to as a system of records and reports either…
Q: Discuss reverse logistics and where it makes sense for a business to use them or when it could be…
A: Reverse logistics is a networked system that operates within a business's supply chain.
Q: Vhat describes physical distribution best? Activities that involve getting the right quantity of…
A: A company carries out many activities for creating, selling and distributing its ready products.…
Q: Critically discuss the nature and importance of marketing logistics as well as the goals of the…
A: Nature and Importance of Marketing Logistics: The four function of Marketing…
Q: Explain the raw materials required for production- inbound logistics of pepciCo supply chain…
A: Inbound logistics is when raw material is supplied from supplier to the producer.
Q: Describe the relationship and importance of inventory to logistics ?
A: Logistics management is a vital component of the supply chain management process because it enables…
Q: Which supply chain efficiency measure is more appropriate when the majority of inventory is held in…
A: Supply chain efficiency measure is an approach to understand the performance of supply chain system.…
Q: Explain the significance of inventory in logistics and supply chain management.
A: The term inventory can be defined as the stock of raw material, Work in progress, Finsihed Goods…
Q: Copy paper is one commodity that Staples sells a lot. What supply chaint srategy is suitable for…
A: A supply chain is a connection between a company and its suppliers that allows a product to be…
Q: Discuss what kind of challenges of supply chain management comes from dealing with the mixed kinds…
A: Supply chain management is in charge of the movement of goods and services from raw materials to…
What is the relationship and importance of inventory to logistics?
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- Warehousing plays an important role in the supply chain or distribution for any goods or products. Illustrate how the location of the warehouse(s) impacts on the effectiveness and efficiency of distribution in a supply chain of your choice.What is the relationship between supply chain and logistics management?Why have just-in-time inventory systems become sopopular?
- What are the six activities involved in the physical supply/distribution system?2. Are physical distribution and materials management being replaced by logistics management thus became a subsequent concern for the whole supply chain? Why or why not?What is procurement? What is its relevance to logistics?
- When is the right time and placement for the business to produce or order products as their inventory? Is overstocking of products good for one company? Why?How do I solve the attached warehouse management question?As a supply chain management student, you have completed key aspects of the disciplinethroughout your qualification. In this module, you learned about the operations of warehousemanagement and key decisions related to it. This question requires you to reflect on yourknowledge and understanding of warehouse management as a component of the supply chain.You are required to write a one-page report where you reflect on:• The role of warehouse management as a critical component of supply chain management.• Your opinion of warehouse management in creating a competitive advantage for a supplychain.• Your experience of learning the discipline of warehouse management. i.e., which sections ofthe module did you enjoy learning the most and which sections were more challenging tograsp?• From what you have learned, through your qualification, do you think technology can helpan organisation enhance operations or do you think that by taking away the human element(operating machinery), the increased…