Assignment: Contemporary Logistics
All four questions are required:
1. Explain the benefits and disadvantages for outsourcing supply logistics operations and management to 3PLs. Which logistical functions are most commonly outsourced to 3PLs and why? Give examples.
2. Explain how RFID tags are used to reduce shrinkage. What are the benefits and disadvantages in using RFID for monitoring the movement of supply chain management goods throughout the supply chain?
3. Discuss reverse logistics including its definition and its process flow. How does reverse logistics relate to a company being socially responsible and how is reverse logistics related to service recovery?
4. What is the relationship between demand management, order management and customer service?
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.