Logistics management refers to
A) the practice of 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 satisfy customer requirements.
B) the integration and organization of information and logistics activities across firms in a supply chain for the purpose of creating and delivering products and services that provide value to ultimate consumers.
C) the integration and organization of information and logistical activities that actively brings consumers together with sellers through the express use of agents and brokers.
D) systems that are designed to reduce a retailer's lead time for receiving merchandise, which then lowers a retailer's inventory investment, improves customer service levels, and reduces logistics expense.
E) proprietary computer and telecommunication technologies to exchange electronic invoices, payments, and information among suppliers, manufacturers, and retailers.
Correct Answer:
Verified
Q220: Logistics refers to
A) an inventory management system
Q243: the automobile industry,the _ manager is responsible
Q244: marketing channel relies on _ to make
Q245: Logistics is most closely related to which
Q246: the automobile industry,the supply chain manager is
Q247: Customers currently link to Cisco's website to
Q250: word cost-effective as it relates to the
Q251: practice of organizing the cost-effective flow of
Q252: _ is essentially a sequence of linked
Q253: Supply chain management refers to
A) the integration
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