Logistics Essay Example | Topics and Well Written Essays - 250 words - 4

Logistics - Essay ExampleIt likewise contributes to from utility, ground on its ability to make the product be in a form in which the node can use it. For example, logistics can contribute to production economies, such as lowering the cost per unit. The economic impact of logistics can also be seen in typeset utility, where it helps in the movement of products from one place to another (Bowersox et al 3).Q 2. A reduction in economic regulation has enabled companies to specify various logistics help levels therefore, adjusting prices accordingly. It also enabled those who buy transportation go in large quantities to reduce costs on transportation. decline in Economic regulation also allowed individual carriers to have the flexibility to pricing and provision of services (Bowersox et al 6).Q 3. The five activities that might be part of a companys logistics department allow in customer service, which entails keeping customers satisfied and ensuring that they get the right produ ct. The department may also consist of film forecasting this includes estimating the future demand of a product (Bowersox et al 18). Facility location decisions may also be part of a logistics department this relates to the location of production and warehousing facilities. The fourth activity entails strain management logisticians have to consider ordering cost, holding cost, and costs caused by running out of stock. procurance should also be part of a companys logistics department this relates to the acquisition of supplies and raw materials demand for production (Bowersox et al