Which of the following statements best describes logistics?
A) It is the management of merchandising products such as assortment planning and pricing adjustments.
B) It is the management of the marketing plan for a proposed retail outlet.
C) It is a part of the supply chain that does not impact profitability for most retailers.
D) It is a part of the supply chain that is developed separately from the merchandising strategy.
E) It involves the activities undertaken in the retailer's DC,in addition to managing inbound and outbound transportation.

Question

Quizplus · Accepted Answer

Logistics is the aspect of supply chain management that refers to "the planning,implementation,and control of the efficient flow and storage of goods,services,and related information from the point of origin to the point of consumption to meet customers' needs." In addition to managing inbound and outbound transportation,logistics involves the activities undertaken in the retailer's DC.

Which of the Following Statements Best Describes Logistics