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Logistics involves the physical distribution of good/services from point of origin to the final customer, and encompasses functions such as warehousing, inventory management, transportation, and logistic information management. Describe each function and provide an example (or examples) from the video to highlight EACH of these important functions.
WAREHOUSING EXAMPLE:
INVENTORY MANAGEMENT EXAMPLE:
TRANSPORTATION EXAMPLE:
LOGISTICS INFORMATION MANAGEMENT EXAMPLE:
Consider whether interest-based negotiations may be the preferred method to resolve the dispute between the two couples.
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