Logistics functions include warehousing-inventory management

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Please rewrite this answer in your own words. The major logistics functions include warehousing (storing their tangible goods while they wait to be sold), inventory management (maintaining the delicate balance between carrying too little inventory and carrying too much), transportation (choice of transportation carriers), and logistics information management. A manager might decide how many and what types of warehouses are needed and where they will be located, how much inventory to carry, and which of the five main transportation modes to employ (truck, rail, water, pipeline, and air), along with an alternative mode for digital products (the internet, or how to share information).

Reference no: EM132191462

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