Log out Go to App
Go to App

Learning Materials

Features

Discover

Chapter 3: Q16-8PE (page 421)

Question:Used to describe functions related to the flow of material in a supply chain.

Short Answer

Expert verified

Answer

Logistics describes the functions related to the flow of material in a supply chain.

Step by step solution

01

Step-by-Step Solution Step 1: About logistics

Logistics refers to the project of the overall management of the inventory and the finished goods and their storage as well as their on-time delivery. Logisticsis the flow of material from one place to another mainly from the manufacturers to the consumers.

02

Types of logistics

There are two typesof logistics:

  1. Inbound Logistics,
  2. Outbound Logistics.

Inbound logistics: Inbound logisticsrefers to the process in which the materials are taken inside the company from an outside source.

Outbound logistics:The process in which the materials are delivered outside the company to the consumers is consideredoutbound logistics.

Unlock Step-by-Step Solutions & Ace Your Exams!

  • Full Textbook Solutions

    Get detailed explanations and key concepts

  • Unlimited Al creation

    Al flashcards, explanations, exams and more...

  • Ads-free access

    To over 500 millions flashcards

  • Money-back guarantee

    We refund you if you fail your exam.

Start your free trial

Over 30 million students worldwide already upgrade their learning with Vaia!

One App. One Place for Learning.

All the tools & learning materials you need for study success - in one app.

Get started for free

Most popular questions from this chapter

The Microsoft Excel function was used to solve the transportation model.

Question:Where do opportunities reside in improving supply chain operations and how have VSM helped to reveal these?

A production control system that uses a signaling device to regulate the flow of material.

Meritor is so pleased with the outcome from previous suggestions that the consultants are invited back for more work. The consultants now suggest a more complete robotic automation of the making of muffler assemblies and also a reduction in container size to eight per container. Meritor implements these suggestions and the result is that the muffler assembly fabrication cell now averages approximately 32 assemblies per hour, and the catalytic converter assembly cell can now respond to an order for a batch of catalytic converters in one hour. The safety stock remains at 12.5 percent. How many kanban cards are needed?

What are the characteristics of efficient, responsive, risk-hedging, and agile supply chains? Can a supply chain be both efficient and responsive? Risk-hedging and agile? Why or why not?
See all solutions

Recommended explanations on Business Studies Textbooks

Business Case Studies

Read Explanation

Intermediate Accounting

Read Explanation

Influences On Business

Read Explanation

Organizational Behavior

Read Explanation

Corporate Finance

Read Explanation

Change Management

Read Explanation
View all explanations

What do you think about this solution?

We value your feedback to improve our textbook solutions.

Study anywhere. Anytime. Across all devices.

Sign-up for free