An Emerging Development in Performing the Logistics Process Is the Utilization

question 36

Multiple Choice

An emerging development in performing the logistics process is the utilization of third-party logistics firms. Third-party logistics firms can:

• A)perform the warehousing function.
• B)perform the transportation function.
• C)perform the entire logistics process from production scheduling to delivery of finished goods to the customer.
• D)all of the above.
• E)(a)and (b)only.

Identify the components and advantages of an efficient consumer response system within supply chains.

Understand the principles and benefits of vendor-managed inventory programs.

Grasp the concepts of customer service in supply chain management, including time, dependability, communication, and convenience.

Distinguish between different supply chain management and marketing channel strategies.

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Definitions:

Pyrotechnics

The art, craft, or science of making and using fireworks or related explosive devices for entertainment, military, or industrial purposes.

Fourth of July

A U.S. holiday commemorating the Declaration of Independence of the United States, on July 4, 1776.

Pyrotechnics

The art and science of making fireworks, including the design and manufacture of devices that produce light, sound, and smoke for entertainment purposes.

Trumpet

A brass musical instrument with a flared bell and bright, penetrating tone, played by blowing into a mouthpiece.