Questions
2
In supply chain process ______________ is defined as "the act of buying all those activities necessary to acquire goods and services consistent with user requirements.
Answer:procurement
3
The ______________ process is the firms face to the customer.
Answer:Customer service management
4
Logistics activities provide the bridge between production and market locations that are separated by ______________ and ______________
Answer:time and distance
5
______________ is the task of buying goods of right quality, in the right quantities, at the right time and at the right price.
Answer:Purchasing
6
______________ logistics function ensures timely availability of semi processed materials and components inventory to support the production schedule.
Answer:production function
8
The business activity of farming out identified non-core activities to external agencies came to be known as ______________
Answer:out sourcing
9
To control cost and output was the survival of the firm in the competitive market due to their price based competitive capacity, this was the objective in ______________ era of logistic evolution.
Answer:limited internally integrated business function era (1960-70)
10
The effective implementation of logistic strategy includes in ______________ stage.
Answer:logistic planning
