Critical Thinking One of the goals of modern-day logistics systems is to ensure a more suitable level
Question:
Critical Thinking One of the goals of modern-day logistics systems is to ensure a more suitable level of product supply through the chain that is matched to end-consumer demand. This requires a degree of flexibility in terms of production, warehousing, and transportation. However along with greater supply flexibility, there is greater risk of increased costs (as the scale of production becomes less efficient). Therefore, do you think that logistics should primarily focus on the needs and requirements of end consumers, or do you think that the prime goal of logistics is to distribute the product as cheaply and efficiently as possible?
(In other words, do consumers primarily seek out low prices or convenience and reliability?) Do you think that there is a way for a logistics company to balance both of these goals, or are they mutually exclusive?
Step by Step Answer:
Marketing Real People Real Choices
ISBN: 183983
11th Global Edition
Authors: Michael Solomon ,Greg Marshall ,Elnora Stuart