What Specific Role does Logistics Play in Supply Chain Operations?

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Collaboration is a fundamental part of Supply Chain Management

 

SKU: Repo600900

MGT 5062 LOGISTICS POLICY

True/False Choice

Identify (circle) TRUE/FALSE choice that best completes the statement or answers the following:

1.The internet has increased business-to-business connectivity.

(TrueFalse)

2.Perfect orders are limited to firms committed to integrated supply chain

(TrueFalse).

3.Supply Chain Management promotes a network of highly efficient independent

(TrueFalse).

4.There are eight critical supply chain processes

(TrueFalse).

5.Collaboration is a fundamental part of Supply Chain Management.

(TrueFalse).

6.A third party service supplier is also a public warehouse.

(TrueFalse).

7.Geographic postponement is directly linked to dependable delivery.

(TrueFalse).

8.Increased operational responsiveness is directly related to information technology.

(TrucFalse).

9.Enterprise extension is a diversification strategy.

(TrueFalse).

10.Vertical integration and supply chain extension are essentially the same concepts.

(TrueFalse).

 

STUDY QUESTION:

1.What specific role does logistics play in supply chain operations?

2.Describe and illustrate an integrated service provider. How does the concept of inte­grated service provider differ from traditional service providers, such as for-hire trans­portation and warehousing?

3.Compare and contrast anticipatory and responsive business models. Why has respon­siveness become popular in supply chain strategy and collaboration?

4.Define and illustrate cash-to-cash conversion, dwell time minimization, and cash spin. How do supply chain strategy and structure impact each?

 

CHALLENGE QUESTION:

1.Discuss how reverse logistics can create value.

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