Answer:
What are the best practices in logistics?
Here are some key best practices for managing global logistics:
Evaluate and determine the right global logistics operating model.
Establish strategic relations with logistics service providers and get alignment on performance metrics.
Deploy global visibility and exception management processes and systems.
Explanation:
Logistics management activities can be described in detail as the inclusion of comprehensive transportation management, storage, handling of goods, managing fleet, fulfillment of orders, inventory management, administration of supply and demand, and planning/execution of third-party services.
