Logistical value proposition to organization

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Reference no: EM133085566

Topic

In this materials we've looked at Logistics as a whole, and Logistical value proposition specifically. The definition you can find online is simple enough: Logistical value proposition is a cost framework that aims to match of operating competency and commitment to meet the individual of selected groups of customers' expectations and requirements. A well-designed logistical network must have high customer response with low operational variance and minimum inventory commitment. However, the combinations will be different for different groups. Well designed and operated logistical system can help firms to achieve competitive advantage.

How important is Logistical value proposition to the organization?

Describe an event or issue that you were part of where logistical value proposition

was not evident, and what would you do to improve it, based on this week's material?

Why are we placing such a focus on this topic, this first week?

Is Logistical value proposition really such and important concept to the success of a business? Why or why not?

Reference no: EM133085566

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