The logistics function significantly impacts operations in the area of :

Question

Quizplus · Accepted Answer

The logistics function plays a crucial role in inventory positioning and operations scheduling. Proper inventory positioning ensures that the right products are located in the right place at the right time, minimizing lead times and reducing costs associated with excess inventory. Operations scheduling involves coordinating production, transportation, and other activities to ensure smooth and efficient flow of goods and services. The logistics function can also impact distribution channels by determining the choice of transportation modes, warehouse locations, and other factors that impact delivery times and customer satisfaction. Financial management is not directly impacted by logistics operations, although logistics costs can be an important component of overall business expenses.

The Logistics Function Significantly Impacts Operations in the Area of