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What is defined as a method of obtaining logistics support for a product or service for a specified period of time?
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Importance of logistics in a business organization?
Logistics is basically anything that involves getting the product to the consumer. Without logistics, a business would almost certainly fail. There has to be a way to fund the product, develop the product and get the product to the consumer.
What is the difference between logistics and distribution?
Logistics deals more with planning, information flow, and improving on the ways to get the product to the consumer. Distribution is basically just the process of physically getting the product to the consumer.
How is multiplication defined in arithmetic?
Multiplication is a magnified increase in quantity by adding one quantity by itself a specified number of times. It is indicated by the times symbol (*). The result of multiplication is known as the product.
What is the motto of GENCO ATC?
GENCO ATC's motto is 'Product Lifecycle Logistics'.
What are the 7 R's of Logistics?
The 7 R's of logistics are the right product, in the right quantity, in the right condition, at the right place, at the right time, for the right customer, and at the right cost. These principles are essential for efficient logistics management.
What are the major components of logistics system?
competitive relationships product relationships spatial relationships
What are user-defined regions?
User-defined regions are regions defined by a special product or service.
What is the importance of marketing logistics?
Marketing logistics plays a pivotal role in optimizing the international freight logistics network, ensuring timely product delivery, reducing costs, and enhancing customer satisfaction, ultimately driving global market competitiveness.
What is inbound logistics?
Inbound logistics is the management of goods and materials which are arriving at your business premises. It is the opposite of outbound (or 'despatch') logistics. For example, in a tomato canning plant, inbound logistics is concerned with the receipt and storage of empty cans and raw tomatoes, which arrive separately. Outbound logistics is concerned with the storage of canned tomatoes (the finished product) and despatch to customers.
What is the decay product of technetium?
This depends on a specified isotope of technetium !
How do you get a product in the National Stock Number system?
NSNs are applied for through the Defense Logistics Agency.
What is front end and back end logistics?
From a factory perspective, front end logistics are the actions that bring materials to the point of use, including movements through prior transformation. Back end logistics are the actions required to move product to the customer.
