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Explain the function of logistics management?
The function of logistics management is to ensure smooth running of the business. It ensures that good or services are availed wherever they are need at the time required.
What is the difference between line function and staff function?
The departments or employees of a firm that perform the core activities and contribute to its business directly are called line function example manufacturing and marketing. on the other hand the departments or employees that perform the support function and contribute indirectly to the business of a firm are termed as staff function example Human Resource Management and Finance. Rajnish
What are the functions of an operation manager in a tourism firm?
their function is to make sure that opeartions is efficiency and effective
What are the roles of logistics?
Logistics, by definition is coordinating complex operations involved in the moving of people, equipment, and supplies. It is very important in our daily lives. During World War II alone, the logistics involved in preparing for D Day at Normandy were awe inspiring. Not only was the movement of the troops, landing craft, and materials all in need of coordination, but getting those things to the proper areas before the invasion took massive planning. The world could not properly function without logistics.
What is the relevance of hrm in logistics how do you develop logistics within the corporate specialism imaging yourself as a human resources manager in a logistics and supply chain company?
pl.reply no answer find
Explain the function of logistics management?
The function of logistics management is to ensure smooth running of the business. It ensures that good or services are availed wherever they are need at the time required.
What are the firm and industry value chain for firm?
In the firm or industry have one particular Value chain model which have two activities primary and secondaryPrimary activities are:- Inbound logistics -> operation -> outbound logistics -> sales/marketing -> servicesSecondary activities are:- Infrastructure, human resource management information technology and ProcurementBy - Merajul husain
What is the differences between third party logistics and fourth party logistics?
The main difference between third-party logistics (3PL) and fourth-party logistics (4PL), particularly in the context of the Secure Logistics Alliance, is their level of involvement and responsibility: Third-Party Logistics (3PL): 3PL providers are external companies that offer logistics services, such as transportation, warehousing, and distribution, to support a client's supply chain. They typically focus on specific functions and may not have full control over the entire supply chain. Fourth-Party Logistics (4PL) - Secure Logistics Alliance: A 4PL provider, like the Secure Logistics Alliance, goes beyond traditional logistics services. It acts as a supply chain integrator and manager, overseeing multiple 3PLs and other service providers. The Secure Logistics Alliance takes on a more strategic role, coordinating and optimizing the entire supply chain for its clients, emphasizing security, visibility, and efficiency. In summary, while both 3PL and 4PL involve logistics services, 4PL, particularly through the Secure Logistics Alliance, offers a higher level of supply chain management and coordination, making it a more comprehensive and strategic solution.
Will a firm that owns its own capital equipment will have the exact same long run cost function as a firm that rents capital if both firms have the same production function?
No a firm that owns its own capital equipment will not have the exact long run cost function as a firm that rents capital even if they both have the same production function.
The size and the importance of the finance function in a business firm depends primarily on what?
size of the firm
What are the economic function of a firm?
to provide institutional customers
What is the production function and types of production function?
production function is relation between firm's production and material factors of production
Difference between 3pl and 4pl logistics?
The main difference between 3PL (Third-Party Logistics) and 4PL (Fourth-Party Logistics) lies in their roles within a reliable logistics network. 3PL providers offer specific logistics services, such as transportation and warehousing, within the network. They act as intermediaries between shippers and carriers, providing expertise in individual logistics functions. In contrast, 4PL providers take on a broader role as supply chain integrators. They manage and optimize the entire logistics network, including 3PLs and other partners. 4PLs focus on strategic planning, technology integration, and overall supply chain efficiency, making them a more comprehensive solution within a reliable logistics network.
Securing the planning conference and exercise site facilities would be a task for which incident command function?
logistics lead
Unit Commanders must appoint cargo increment monitors in writing to the host Logistics Plans function?
True
Are logistics and commerce the same concept?
No it isn't. Logistics is more about managing flows (physical or not). However, they are closely related and tend to mix into the same function in some fields, such as international transport for example. On the opposite, scheduling tasks in a production chain concerns logistics but not commerce. I hope this answers your question.
What is linear demand function and it relevant to a firm?
A linear demand function means that any change in the price of the output will have the same effect on the quantity demanded, whatever the price was. It has little relevance to a firm since the demand function is never really linear.
