Please help with #7. The answer should be essay format.
See the attached file.
The key activities of the business logistics function comprises of the inbound logistics and outbound logistics covering the entire flow of materials from the point of origin to the final point of consumption. In other words, business logistics comprises of the entire supply chain management activities including procurement, inventory management, warehousing, transportation and organizing or managing the entire supply chain activities to ensure that right goods or materials is available at the right place at the right time. Business logistics, as a function, ensures smooth flow of goods and materials throughout the supply chain management process and ensures the movement of goods or materials is conducted in the most efficient manner.
In today's competitive business environment, business logistics is a critical success factor for obtaining competitive advantage and enhancing operational efficiency and quality because this function runs through the entire production and distribution process and is extremely critical for achieving highest possible customer satisfaction by ensuring proper delivery of goods to the ...
The key activities of the business logistics function comprises of the inbound logistics and outbound logistics..