Question

tonya explained to the management team that it was vital that the company deliver the right product to the right place at the right time. tonya is explaining the concept of . multiple choice question. logistics financial analysis forecasting stockouts retailing

Answer 1

Tonya is explaining the concept of logistics.

• More broadly, logistics refers to the act of arranging and transporting resources — people, materials, inventories, and equipment – from one site to storage at the desired destination. The term logistics was used in the military to describe the transportation of equipment and supplies to troops on the battlefield.
• Logistics relates to what happens within a corporation, such as the acquisition and supply of raw materials, as well as the packing, distribution, and transportation of goods to distributors.
• Logistics jobs include transportation/delivery, storage, packing, cargo handling, distribution processing, and information processing, and various systems have been put in place to deliver things swiftly and on time from the manufacturing facility or factory to the consumer.

Thus the correct option is a.

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