In Logistics, a Two-Way Link Between Buyer and Supplier That

question 223

Multiple Choice

In logistics, a two-way link between buyer and supplier that helps in monitoring service and anticipating future needs is referred to as

• A) inventory management.
• B) dependability.
• C) communication.
• D) reverse logistics.
• E) accountability.

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Definitions:

Organizing

The process of arranging resources, defining roles, and establishing structures within an organization or project to achieve objectives efficiently.

Preparing

The process of making ready or being made ready for use or consideration, often involving planning and setup.

Planning

The process of making plans for something, including setting goals and determining the steps to achieve them.

Stakeholder Alignment

The process of ensuring all stakeholders' goals, expectations, and interests are understood, considered, and aligned to ensure project success and minimize resistance.