Logistics, like other functions in an organization, requires a plan to operate against or so-called strategy. Importantly, it should be a part of the one-plan process, whereby each stage of planning is linked to others, so there is traceability of information and data. To start the logistics strategy planning process, the inputs are the business model, business plan, and external communication. Apart from overall logistics influence towards organization strategy, discuss any THREE (3) contemporary inventory strategies for an organization. Support your answer with a situation where each strategy is suitable to be applied.

Logistics, like other functions in an organization, requires a plan to operate against or so-called strategy. Importantly, it should be a part of the one-plan process, whereby each stage of planning is linked to others, so there is traceability of information and data. To start the logistics strategy planning process, the inputs are the business model, business plan, and external communication. Apart from overall logistics influence towards organization strategy, discuss any THREE (3) contemporary inventory strategies for an organization. Support your answer with a situation where each strategy is suitable to be applied.

Contemporary Marketing

18th Edition

ISBN:9780357033777

Author:Louis E. Boone, David L. Kurtz

Publisher:Louis E. Boone, David L. Kurtz

Chapter15: Distribution Channels And Supply Chain Management

Section15.7: Accomplishing The Priorities Of A Supply Chain

Problem 1LO

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