Logistics management is organizing the cost-effective flow of raw materials,in-process inventory,finished goods,and related information from point of origin to point of consumption to:

Question

Quizplus · Accepted Answer

The primary goal of logistics management is to satisfy customer requirements, which includes timely delivery, quality products, and cost-effective pricing. While creating maximum profit and maintaining organizational culture may be secondary goals, the ultimate objective is to meet the demands of customers effectively. Eliminating all competition is not a goal of logistics management.

Logistics Management Is Organizing the Cost-Effective Flow of Raw Materials,in-Process