Logistics definition - Study guides, Class notes & Summaries

CLTD Module 1 Question and answers 100% correct 2024/2025 CLTD Module 1 - Logistics Overview & Strategy Early 90s definition of logistics - correct answer merger of inbound materials mgmt with outbound physical distribution logistics - correct answer the subset of SCM that controls the forward and reverse movement, handling, and storage of goods between O/D points Logistics Formula - correct answer =Physical Supply + Distribution Systems concept - correct answer an attempt to...

CIPS Level 4 Module 1 Questions and Answers Rated A+ The Purchasing process 1. Define Specification. 2. Select Supplier 3. Contract Agreement 4. Ordering 5. Expediting 6. Evaluation Follow up Definition of Procurement & Supply recognition of the fact that the purchasing function has a role in not just "buying inputs" but in "securing supply" Direct Costs These are costs which can be identified directly with the production of a good or service; e.g. raw materials. Usually ...

Quiz: Midterm Question 1 3 pts In the early 1980’s, service members could be treated for illegal drug use under which program? Group of answer choices Veterans Rehabilitation Act Family Advocacy Programs Limited Privilege Communication Program None of the above Question 2 3 pts What is the purpose of SAPRO? Group of answer choices To be a rehabilitation center for veterans To monitor and report on the sexual assault cases that take place in the military To be a mental health definitio...

Logistics definition planning, implementing, and controlling the efficient, effective flow and storage of goods, services, and related information from point of origin to point of consumption types of logistics forward and reverse military roots of logistics Alexander the Great (330 BC) i.e. campaign timing around local harvest, soldiers carry own provisions, marches near waterways, etc. Transportation: Steam power Ships and Railroads (1800s) Transportation: Internal combustion...

what 3 things need to be right in supply chain management definition? : quantities, locations, time primary logistics activities : CS goals, inventory management, transportation, location % of GDP that is logistics costs : 10.5-12 why are customers more demanding of the supply chain? : they want quick response & mass customization 4 ways logistics adds value : form, ownership, time, place 2 largest logistics costs : transportation & inventory most frequent logistics tradeoffs 2 | P ...

IME 410 Exam 1 Latest Version with Certified Solutions Production Plan Definition Annual (Y) -> Quarter (Q) -> Monthly (M) Aggregate plan deals with groups/families of products sets mfg. rates and labor size capacity resource requirements expansion/reduction of logistics system Top management responsibility Production Plan Strategy - Level Good anticipation/visibility Same PP for each period Production Plan Strategy - Chase Controls on-hand inventory Keep ...

ALL CHAPTERS- INCOSE CSEP Test PrepOrganizational Project Enabling Processed - correct answers -Life cycle Model Management -Infrastructure Management -Project Portfolio Management -Human Resources Management -Quality Management (LIP-HQ) Project Processes - correct answers -Configuration Management -Risk Management -Information Management -Measurement -Project Planning -Project Assessment -Decision Management (CRIMP-PD) Technical Processes - correct answers -Stakeholder Reqmnts...

Leaders definition correct answers Also referred to as leadership, can be defined in many ways as it applies to the particular organization mission and structure. The role of a leader is focused on following a group process. It involves behavioral sciences as it includes personality, induces follower or subordinate compliance, exercises personal influence to achieve motivation and interaction in others, possesses particular personal behaviors, involves persuasion and power relationships, and is ...

SCMN 3710 Exam 1 (Strickland) Questions and Answers Already Passed What external change drivers have had the most impact on the development of global supply chains in the 21st century? a. Technology Describe the evolution from the physical distribution concept of the 1960s to the integrated logistics concept of the 1980s to the supply chain concept of today a. Supply chains are extended enterprises which require managing four flows—products, information, financials (cash), and deman...

SUMMARY LOGISTICS & SUPPLY CHAIN MANAGEMENT IBM1 WELL EXPLAINED AND VERIFIED AS 100% CORRECT BY EXPERTS LATEST UPDATE 2024 GRADE A+ UNIT-I Logistics and competitive strategy Definition of logistics Logistics is the process of strategically managing the procurement, movement and storage of materials, parts and finished inventory (and the related information flows), through the organization and its marketing channels, in such a way that current and future profitability are maximized t...