If a logistics system works well,a firm can reduce stockouts and reduce inventory levels simultaneously.

Name: If a logistics system works well,a firm can reduce stockouts and reduce inventory levels simultaneously.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A well-functioning logistics system can help a firm accurately track inventory levels and demand, leading to a reduction in stockouts (i.e. running out of inventory) and the ability to maintain lower inventory levels overall.

If a Logistics System Works Well,a Firm Can Reduce Stockouts