Expenses associated with transportation, materials handling and warehousing, inventory, stockouts, and order processing costs are referred to as _________.

Question

Quizplus · Accepted Answer

The expenses associated with transportation, materials handling and warehousing, inventory, stockouts, and order processing costs are all components of total logistics costs. This refers to the overall cost of managing and coordinating the movement of goods and materials across the supply chain, including all the costs associated with logistics activities from start to finish.

Expenses Associated with Transportation, Materials Handling and Warehousing, Inventory, Stockouts