Logistics Management Refers to

Multiple Choice

Logistics management refers to

A) the practice of organizing the cost-effective flow of raw materials,in-process inventory,finished goods,and related information from point of origin to point of consumption to satisfy customer requirements.
B) the integration and organization of information and logistics activities across firms in a supply chain for the purpose of creating and delivering products and services that provide value to ultimate consumers.
C) the integration and organization of information and logistical activities that actively bring consumers together with sellers through the express use of agents and brokers.
D) systems that are designed to reduce a retailer's lead time for receiving merchandise,which then lowers a retailer's inventory investment,improves customer service levels,and reduces logistics expense.
E) proprietary computer and telecommunication technologies used to exchange electronic invoices,payments,and information among suppliers,manufacturers,wholesalers,and retailers.