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importance of logistics management
My task is to show how the business operations in an organization can be brought into harmony, generating the smooth flow of information and materials throughout the value network for the benefit of customers and the competitive success of the organization.
Question:
- The importance of effective logistics management in smoothing the flow of materials, reducing inventory costs and enabling responsiveness throughout the supply chain.
Organizations have both an internal as well as an external environment. Describe the general environment and give at least one specific example of each dimension other than the examples given in the text and in the lectures
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I'm trying to understand if there are any predictable performance cycles. If so what are the periods that business hit high and lows?
Define Both intend to take an active role in the management of their new business, and each will accept unlimited liability
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