A failure of ________ can result in products going out of stock and consumers choosing alternatives.

Question

Quizplus · Accepted Answer

Logistics involves the management of the flow of products, information and resources from the point of origin to the point of consumption. A failure in logistics can result in products not being available in the market, ultimately leading to the loss of customers who may choose alternatives. Processing, rightsizing, kaizen and six sigma are all important concepts in business, but are not directly related to product availability in the market.

A Failure of ________ Can Result in Products Going Out