Professional Documents
Culture Documents
Logistics - 02 Review 1
Logistics - 02 Review 1
Response: Availability
Response: This type of utility requires having the products and services available when needed. =>
Time
Response: This type of utility requires having the products and services available at the most
convenient locations for the customers. => Place
Response: This type of utility requires efficient transfer of ownership to the customer. => Possession
Response: These are costs incurred when supply doesn’t match demand. => Market mediation costs
Response: This largely affects businesses requiring a high utilization rate to remain profitable. =>
Cost of assets
These are caused by economic, social, governmental, and climate factors, including the threat of
terrorism.
This step in developing a supply chain strategy involves environmental scanning on a regular basis.
These are caused by interruptions to the flow of product for raw material or components, within
the supply chain.
This step in developing a supply chain strategy involves determining factors that may jeopardize the
operations of the supply chain.