Why are online returns becoming a significant concern in the context of reverse logistics?
As online and e-commerce sales increase, the rate of returns has increased and is almost double the rate of counter sales returns. [P-150]
James is a supply chain manager for ABC furniture manufacturing company. He is considering implementing reverse logistics practices to reduce waste and costs. Based on the scenario, which statement is most accurate?
Reverse logistics is often treated as a cost center, necessitating cost management and efficiency. [P-142]
A company is looking to improve cost efficiency while remaining responsive to customer demands in its supply chain operations. Which practice involves outsourcing core logistics capabilities to specialist providers like DHL and FedEx?
Third-party logistics (3PL) involves outsourcing logistics functions to specialized providers such as DHL and FedEx to improve efficiency and responsiveness. [P-38]
James is a supply chain manager for ABC furniture manufacturing company. He is considering implementing reverse logistics practices to reduce waste and costs. Based on the provided scenario, which of the following statements is most accurate?
Reverse logistics is generally seen as a cost center requiring tight cost controls and waste reduction efforts. In this scenario, the supply chain manager is considering implementing reverse logistics practices to reduce waste and costs. [P-142]
In the context of a global supply chain network strategy, what are some sources of disruption? (Select ALL that apply)
Common sources of disruption in global supply chains include natural disasters, exchange rate fluctuations, industrial strikes, and political instability. Rapid product obsolescence is not a direct supply chain disruption factor. [P-95]
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