Question.653 - In your initial post, suppose that you are the logistics manager for a Fortune 500 company. You have been asked to analyze and reduce the cost and waste associated with the logistics function. How would you go about doing this? Describe the value that a more efficient logistics operation may bring to both the organization and their external customer.After your initial discussion post, respond to at least two of your peers. When responding to your peers, constructively critique their approach to analyzing and reducing the cost and waste. Do you agree or disagree with their approach? Why or why not?
Answer Below:
Logistics xxxxx are xxx cost xxxx is xxxxxxxx during xxx flow xx products xxxx sourcing xx the xxxxx destination xxxxx are xxxx aspects xx logistics xxxxx that xxxxxxx transportation xxxxxxxxx storage xxx administrative xxxxx that xxx required xx the xxxxxxx supply xxxxx process xx forward xxxxxxxxx costs xxx incurred xx transportation xxxxxxxxx and xxxxxxx while xx reverse xxxxxxxxx transportation xxxx is xxxxxxxx to xxxxxx the xxxxxxx from xxx final xxxxxxxxxxx to xxx final xxxxxx The xxxxxxxxx cost xx dependent xx the xxxxx and xxxxxxx of x particular xxxxxxxx organization xx logistic xxxxx are xxxxxxx properly xx affects xxx other xxxxxxx of xxx supply xxxxx process xxxx an xxxxxxxx in xxxx that xxxxxxx a xxxxxxx in xxx market xxxxx costs xxx international xxxxx rules xxx regulations xxxxxxxxx it xx very xxxxxxxxx to xxxxxx logistics xxxxx because xx plays x very xxxxxxxxx role xx developing xxx supply xxxxx process xxxxxxxxx if x were xxx logistics xxxxxxx of xx organization xxxx Fortune x would xxxx ensured xx improve xxxxxxxx relationship xxxxxxxxxx For xxxx the xxxx abandonment xxxx should xx reduced xx that xx doesn x affect xxx shipping xxxx The xxxx thing x would xxxxxxxxx is xx outsource xxx warehousing xxxxxx so xxxx there xx no xxxxxxxxx in xxxxxx which xxxx help xx to xxxxxx transportation xxxxx Moreover x would xxxxxx that xxxxx is xx effective xxxxxxxxxxxxxxx process xx the xxxxxxxxxxxx so xxxx the xxxxxxxxxxx costs xxx identified xxx I xxx incur xxx expenses xxx accordingly xxxxxx a xxxx to xxxxxx logistics xxxxx When xx comes xx reduction xx waste xxx first xxxxx I xxxxx have xxxxxxxxxxx in xxx company xx to xxxx a xxxxxxxxxxx approach xx logistic xxxxxxxx As xxxxxxx logistics xx an xxxxxxxxx and xxx most xxxxxxx model xx the xxxxxx chain xxxxxxx I xxxx enhance xxxxxxx logistics xx the xxxx manner xx that xxxxx delivering xxx products xx the xxxxxxxxx it xx also xxxxxxx important xx return xxxx the xxxxxxxx that xxx defective xx exchangeable xxx returned xxxxxxxx will xx back xx the xxxxx source xxxxx the xxxxxxxxxxxxx can xxxxxxx a xxx product xxxx the xxxx raw xxxxxxxxx This xxxx eliminate xxx waste xxx also xxx production xxxxx will xxxxx sustainability xxxxxxxx I xxxx ensure xxx best xxxxxxx of xxx products xx that xxxxx is xx possibility xx returning xxxx the xxxxxxxx to xxx sources xxxx the xxxxxxxxxxx Therefore xxxx will xxxx in xxxxxxxx transportation xxxxx and xx the xxxx time xxxxxxx the xxxxxxx with x competitive xxxxxxxxx of xxxxxxxxxxxxxx ReferenceFoster x Managing xxxxxx Chain xxx Operations xx ed xxxxxxxMore Articles From Operation Management
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