Word or Excel spreadsheet: Columns A-C and rows 1-8 + references
Describe the importance and techniques for effective logistics.
Weekly tasks or assignments (Individual or Group Projects) will be due by Monday and late submissions will be assigned a late penalty in accordance with the late penalty policy found in the syllabus. NOTE: All submission posting times are based on midnight Central Time.
The CEO expects you to be providing a number of various logistics reports and recommendations to her. She has asked you to prepare a chart on 1-2 pages of frequently used logistics techniques. To demonstrate your understanding of the breadth and depth of the logistics function, research the following terms, and for each of the 8 terms, complete the following:
• Provide a definition, in your own terms, of frequently used logistics techniques.
• Give an example of a real company or industry that uses this logistics technique.
• What would the pros and cons be of using each technique listed below?
1. Distribution center
2. Public warehouse
3. Third-party logistics
4. Common carrier
5. Dedicated private fleet
6. Backhauls
7. Deadheading
8. Freight equalization