Businesses must manage logistics in order to maximize customer value.What are three methods for managing logistics?

Question

Businesses must manage logistics in order to maximize customer value.What are three methods for managing logistics? ​

Quizplus · Accepted Answer

Logistical cost control can help businesses to manage logistics by reducing expenses related to transportation, inventory, and warehousing. RFID technology can improve supply chain visibility and inventory management. Enterprise resource planning (ERP) systems can integrate various aspects of logistics like procurement, inventory management, and order fulfillment into one system, leading to more efficient operations. Together, these methods can help businesses to maximize customer value by improving the speed and accuracy of deliveries while minimizing costs.

Businesses Must Manage Logistics in Order to Maximize Customer Value