What’s the purpose of Logistics? - To satisfy customer’s needs at the same time it generates profit for itself., What are the main areas of logistics? - Transportation, warehousing, customers’ service, supply., What are the stages of the supply chain? - Customers, retailers, distributors, manufacturers, raw material and supply., What is the function of the supply chain? - Cost/performance balance., Where does the supply chain begin? - A customer’s need., What are the 3 types of supply chain organization? - Operational, transactional & organizational.,

Logistics - Vocabulary

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