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Why is there so much interest in logistics?
Ever changing business environment due to globalization, lead time reductions, customer orientation, and outsourcing has contributed to the interest in logistics (Hertz & Alfredsson, 2003).
What are the different forms of logistic operations?
Ans- The different forms of logistic operations are Return Logistics (Reverse Logistics): Advertisement In order to increase the sales as well as the market share, many companies advertise that their in case he buys the product of that company, he is assured of satisfactory performance of the product.
How is flexible logistics related to customer satisfaction?
Zhang, Vonderembse & Lim (2005) are of the view logistics flexibility and its components: physical supply, purchasing, physical distribution, and demand management flexibilities are related to each other and to customer satisfaction. Figure 2 portrays the relationship, how flexible logistics affects the customer satisfaction.
What is the role of logistics in an organization?
Initially, logistics was considered to have a supportive role to primary functions of organizations such as marketing and manufacturing. But now they have stretched out to cover purchasing, warehousing and transportation activities, distribution, inventory management, packaging, manufacturing, and even customer service.
Last Update: Oct 2021
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