M1S2 (FINALS) Flashcards
1
Q
Concept of supply chain:
A
Suppliers
Transport Operators
Manufacturer
3rd Party Distributor
Retailers
- Customers
2
Q
this refers to the idea of of development of a logistics pipeline approach for products to flow through the supply for products to flow through the suppler chain to the end customers.
A
The Concept of the supply chain
3
Q
is the entire system of producing and delivering a product or service, from the very beginning stage of sourcing the raw materials to the final delivery of the product or service to end-users.
A
Supply Chain
4
Q
Elements of Logistics and Distribution:
A
- Storage, warehousing and material handling
- transport
- inventory
- information and control
- Packaging and unitization