Effective logistics in supply chain management

Question

Assignment:

Question 1.  Reverse Logistics

1. Consider ways in which reverse logistics has impacted your life, as a consumer. How has reverse logistics affected you as a member of your organization or industry? Briefly describe potential areas for improvement within your organization or industry.
2. Identify a process within your organization that frequently lends itself to reverse logistics. Do the costs of continuing this process exceed the benefits?
3. Describe some of the opportunities and challenges you see in this topic, from the logistical standpoints of both manufacturers and retailers.

Question 2. Trends and Transformations

1. How can your organization use effective logistics in supply chain management to maintain a competitive edge and enhance its financial posture in the future? What might your organization do differently to increase its market share?
2. Identify one key factor you would advise your management to focus on in the organization's growth strategy. Consider, for example, how customer service could be improved.
3. Many growth strategies divide plans into short-term and long-term segments.
4. What specific tactics would you employ for your key factor during the short term? Explain.
5. What specific tactics would you employ for your key factor during the long term? Explain.
6. Briefly describe best practices that you see leading companies in your industry implementing now. Would these best practices also benefit your organization?