Importance of logistics management

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Reference no: EM133295826

Assignment:

Questions:

Explain the factors that have contributed to the importance of logistics management since 1980's.
Explain all four economic utilities.
Explain cost trades-off in logistics and why the total cost approach to logistics is important.
Explain how logistics and supply chain management differ.
Explain some activities, where a logistician needs to interact with finance, production and marketing professionals.
Explain the importance of reverse logistics and how it impacts the ownership, negotiations, promotion and logistic channels.

Last Year exam Question:

A) Explain, with examples, how changing patterns of consumer behaviour impact on logistic decisions.

B) Explain application of logistics in service delivery with at least four examples.

Reference no: EM133295826

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