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What is the relationship between logistics and supply chain management?
To investigate the relationship between logistics and supply chain management and company’s financial performance. To examine the total cost analysis of logistics and supply chain management. To draw conclusion about how important logistics and supply chain management are for the company’s financial performance.
Why is it important to understand the importance of logistics?
Logistics is also increasingly being recognised as having a significant impact upon Economic Value Added and Shareholder Value. It is likely that in the future, decisions on logistics strategies will be made based upon a thorough understanding of impact they will have upon the financial performance of the business.
Why are there so many problems in logistic management?
Many problems at the operational level in logistic management arise because all the impacts of specific decisions, both direct and indirect, are not taken into account throughout the corporate system. Too often decisions taken in one area can lead to unforeseen results in other areas.
What should be included in a supply chain management case study?
Synthesise, Manufacture and critically review knowledge about business and organisation systems relevant to Logistics Management and supply chain practices that make independent technical recommendations;
Last Update: Oct 2021
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