Using your week 2 business example or a new one if you prefer, and after reviewing week 3 videos and attached document, please provide on a PDF file (to upload), the following logistics management elements and strategies to keep in mind when running a business:

a. What type of efficiencies and/or strategies you could implement in your business with regards to transportation, warehousing, third party logistics and reverse logistics?

b. What type of strategies you could use to replace physical inventory and how? be creative and make sure that you provide enough information to detail and justify your choices. Maximum of two pages should be good enough to complete this task with the level of information to demonstrate knowledge and familiarity with the concepts and terminology. Please use your own words, no copy and pasting from existing articles.