Integrated logistics management (ILM)refers to ______.
A)a computer system that integrates ordering,transportation,and warehousing of supplies of raw materials
B)the practices used to ensure a continuous and uninterrupted flow of materials and products from suppliers to manufacturers to the final consumers
C)mechanisms by which government regulations can be circumvented
D)infinitely low-cost management techniques

Question

Quizplus · Accepted Answer

ILM refers to the practices used to ensure a continuous and uninterrupted flow of materials and products from suppliers to manufacturers to the final consumers. It involves coordinating all aspects of the supply chain, including procurement, transportation, warehousing, inventory management, and customer service. It aims to optimize the efficiency and effectiveness of the supply chain while minimizing costs and enhancing customer satisfaction. A is incorrect as it only refers to a computer system, while ILM involves much more than just technology. C and D are incorrect statements that are not relevant to ILM.

Integrated Logistics Management (ILM)refers to ______