UESTION 4 [LOGISTIC MANAGEMENT A2)

Profits for the company can rocket upward if it achieves sufficient savings in supply chain costs. This is important given the broad scope of the supply chain, which extends beyond the company to include both suppliers and customers. A systematic approach is also important because of the variable requirements supply chain managers must manage. With reference to this information,

4.2 Discuss in detail, the main principles to consider when aiming for successful logistics performance. (16 Marks)