Why is it important for firms to have logistics strategy

Assignment Help Operation Management

Reference no: EM132227066

1. In a well-constructed initial response utilizing the knowledge you gained from the initial readings as well as your own experiences, discuss the following question:

Why is it important for firms to have a logistics strategy? What could happen if a firm did not logically link it’s logistics decisions to the needs of the customers?

2. Discuss the relationship between service level, uncertainty, safety stock, and order quantity. How can trade-offs between these elements be made?

Reference no: EM132227066

Questions Cloud

What is the total cost to make day omelets : They've determined that their daily fixed costs are $3,600 with a variable cost of fifteen cents per omelet. What is the total cost to make a day's omelets?

Create a mind map of the stakeholders : L/616/3036 - Business Ethics - OTHM LEVEL 5 DIPLOMA IN BUSINESS MANAGEMENT - Create a mind map of the stakeholders, and comment on the implications

What items are assessed via the hcahps survey : In your own words, state the purpose and goals of the HCAHPS survey including when it was implemented and what agency is responsible for its origination.

SAP is world leader in ERP systems software : SAP is a world leader in ERP systems software and has developed tailored ERP systems for many different industries.

Why is it important for firms to have logistics strategy : Why is it important for firms to have logistics strategy? What could happen if a firm did not logically link it’s logistics decisions to the needs of customers?

Current role in health care organization : Your current role in a health care organization (this does not have to be management level). How does your social system respond to perceived incompetence?

What surprising thing did you learn in the course : Using their previously submitted draft as a basis, students will complete a 5-page paper in APA format excluding title & reference pages and include.

Importance of safety and health : Your CEO approaches you as the HR Manager of your institution, and asks you the importance of safety and health.

What was the source of the data presented : Statistics play an important role in the management of health care organizations and in decision making and strategic planning. Collecting, analyzing.

User Account

All Pages