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 xxxxx t xxxxxx the xxxxxxxx cost xxx next xxxxx I xxxxx implement xx to xxxxxxxxx the xxxxxxxxxxx system xx that xxxxx is xx frequency xx travel xxxxx will xxxx me xx reduce xxxxxxxxxxxxxx costs xxxxxxxx I xxxxx ensure xxxx there xx an xxxxxxxxx decision-making xxxxxxx in xxx organization xx that xxx operational xxxxx are xxxxxxxxxx and x can xxxxx the xxxxxxxx and xxxxxxxxxxx create x plan xx reduce xxxxxxxxx costs xxxx it xxxxx to xxxxxxxxx of xxxxx the xxxxx thing x would xxxx implemented xx the xxxxxxx is xx plan x sustainable xxxxxxxx to xxxxxxxx function xx forward xxxxxxxxx is xx important xxx the xxxx crucial xxxxx in xxx supply xxxxx process x will xxxxxxx reverse xxxxxxxxx in xxx same xxxxxx so xxxx after xxxxxxxxxx the xxxxxxxx to xxx customers xx is xxxx equally xxxxxxxxx to xxxxxx back xxx products xxxx are xxxxxxxxx or xxxxxxxxxxxx The xxxxxxxx products xxxx be xxxx to xxx final xxxxxx where xxx manufacturers xxx produce x new xxxxxxx with xxx used xxx materials xxxx will xxxxxxxxx the xxxxx and xxxx the xxxxxxxxxx level xxxx reach xxxxxxxxxxxxxx Moreover x will xxxxxx the xxxx quality xx the xxxxxxxx so xxxx there xx no xxxxxxxxxxx of xxxxxxxxx back xxx products xx the xxxxxxx from xxx destination xxxxxxxxx this xxxx help xx reducing xxxxxxxxxxxxxx costs xxx at xxx same xxxx provide xxx company xxxx a xxxxxxxxxxx advantage xx sustainability xxxxxxxxxxxxxxx S xxxx Managing xxxxxx Chain xxx Operations xxxx nd xx Pearson xxxxMore Articles From Operation Management
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